See some thread last week about btc going to 7200 and bouncing back hard

>see some thread last week about btc going to 7200 and bouncing back hard
>lmao tafags nice horoscope xd
>mfw I see the chart today
Is this just luck, or there are actually useful ta signals? How do I differentiate between vomiting camel autism and legit predictions?

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the g20 news fucked up the calls

Dyor

do you believe in palm reading?

Wait people actually think lines on a chart can tell the future lmao

meme lines, volume, rsi and fibonacci shit never works for me, the market always does the opposite thing
then how come it went exactly to 7200 and bounced back like 15%

becasue there are 543245324324 charts out there and someone is bound to get it right? You realize every 100 dollars someone is coming from a bounce. Survivor bias my dude. You show me someone who has accurate TA multiple times Ill eat my hat

this isn't something you can just point out and be like oh yea that makes sense. no one is gonna come here and tell you shit for free. like anything in life, it's either your time or your money. pay someone to teach you if you think its profitable, or spend time dissecting everything until you find results. surprised you guys manage this far...

holy shit you fuckin brainlets never cease to amaze me. you do realize TA can be messed up by ONE person. yea, ONE. ONE person sitting on their fucking ass in uncle andys fuck shack out back can dump a million god damn zipperheadcash and fuck your TA up

Currently it is a strong buy signal on BTC and all coins.
Buy now or FOMO in later

Look into elliot wave and Fibonacci retracement. There was a confluence of support there: important fib level, and an old trend line from the middle of last year that had held up until that point. Those 2 things gave a target, and properly counting the waves would have informed you that it was time for an upwards correction after that target had been hit.

It's not always accurate, because wave count can be fairly subjective, especially if you haven't been doing it for a long time, and haven't read the literature, but when the count is obvious, it almost always works.

People are going to call it horoscopes, but I'm up 2.5x from December by doing nothing but going long at what I perceive to be the bottom of BTC dips.

Strong TA is the only way to make consistent money in a bear market, where fundamentals aren't going to save your alts from tanking when BTC dumps 15%.