WARNING:
There is a massive hanging man on bitcoin 1W, this is gonna crash down harder than ever.
16k incoming. Sell your btc now.
Don't say you weren't warned.
WARNING:
Logan Gomez
Evan Garcia
you will never be a real woman
Nathan Carter
Fuck posted the wrong pic, this one is it.
Dylan Sanders
Gavin Young
Bobos on max cope
Ayden Jones
it's a bullish hammer now
Ayden Ross
This lol
Sebastian Hughes
I don’t know how someone could look at BTC’s graph and not be bullish.
Landon Jones
Emmm user, how do i explain you this... When we talk about 1W or 1D charts, it means that each candle is 1W or 1D long, IT DOESN'T MEAN THAT YOU ZOOM AND ADJUST THE VIEW TO SEE ONLY 1W or 1D OF CHART YOU FUCKING STUPID DUMB NIGGER!!!!!!!!!! AAAAAAAAAAAAAAAAAA! BIZ IS SO STUPID AAAAAAAAAAAAAAAAAAAAA!
Zachary Green
Ok I guess but look at the whole chart and know a halving happens every 4 years and keep in mind stock to flow uhhh
Owen Ward
bullish hammer is on a downtrend retard, its literally in the pic
Juan Taylor
get fucked
swinging is gambling
never selling
see you at 250k
Jace Sanchez
>Sell your btc now.
no, I rather hold, no matter what happens.
zero or moon.
k, bye.
Jeremiah Price
>> Technical analysis on crypto
Luis Gutierrez
hodl master race
John Russell
I see this too user, if by next week we're below the real body. It will crash.
Austin Campbell
we're going into a "hanging faaggot" formation so its guaranteed to crash down to like 10k soon. I'm not buying this overpriced shitcoin.
John Wood
A quick look at the weekly chart shows this same "hangman" bar showing up right before further pumping. TA is a meme.
Julian Watson
Same shit lmao
Anthony Bell
>Doing TA during an unprecedented and unending massive worldwide inflationary event.
Colton Garcia
You miss the part that its near the previous high of 20k. It is much more significant at a resistance.
Landon Ward
Not really. The third bar highlighted in that image was right at its previous ATH. I think you're just making things up as you go, which is what TA is all about I suppose.
Evan Wright
The trend was also broken in this cycle. Your examples always show a retrace, but the trend line keeps the price afloat. Trends are greater in strength than hammers.
Ian Garcia
That's a long legged doji stupid nigger, and the lower shadow is larger than the upper one. It means that the price is more likely to crab for a while, that shit will literally dump once it stop crabbing.
HOLY SHIT YOU'RE RETARDED, I HOPE YOU DRINK A WHOLE BOTTLE OF ONIONS SAUCE AND LOSE THE MYELIN SHEATH IN YOUR WHOLE NERVOUS SYSTEM.
Matthew Sanchez
Your first and fourth arrows look like examples where is continued down afterwards though.
Ryder Stewart
how come candlesticks open at higher/lower prices than the closing price of the preceding candle?
Noah Bailey
Two long legged Dojis, and a long downward candle may signal a short term drop too.
Jacob Reed
Yeah. Almost like it's a coinflip...
Jordan Howard
Opening higher/lower is a show of strength, and may signal a continuation.
Gavin Bell
I mean how is it possible though? if a candle closes at $10 and the next opens at $11? How? What happened in between?
Gavin Lee
This is clearly a 4 legged in dojo with an
inverted hanging-man with a minor exponential slip-loop peak. I don't know why you stupid niggers post your half assed candle readings, as if anything gives a shit what you amateurs think. Want until the second full moon of 2021, and you will see the beginning of anther uptrend. Brush up on your candle reading skills if you want to make it.
Nolan Roberts
When looking for correction confirmation, you don't look at candles but the volume. The volume tells me that this shit will crab, correct somewhere on the lower shadow of the long legged doji and then continue the uptrend, where will it get to? i dont know, i can't tell by only looking that shitty screenshot made by a normie retard nigger.
Ryan Moore
you seem smart can you please answer ?
Jace Miller
>COPE
its over bulltard
Kayden Thompson
dipshit i already consulted with my crystal ball and you are 100% wrong
Henry Myers
Those shits are called gaps, and basically happens when a price moves in one strong vertical movement with many orders, the middleman (in your case the crypto broker you use to trade), doesn't catch all the orders and leave a gap in between since the gap is made pretty much by the same entity. Since orders are filled programmatically, in both forex and crypto they are not as common as in stocks. That said, as far as i know, the only way it can happen in crypto or forex is right after big news (that would cause a big price movement in a tiny time space due to the euphoria).
Summary: yeah, it's bullish and must be interpreted as a big resistance/support zone.