ETH can't pass $310 resistance (previous support, now resistance).
Seller volume has been way too high and outpacing buyers. All morning (look at the MACD in correlation wil volume from the last 8 hours). BTC is also falling after being rejected from it's most recent ATH and and resistance line and ETH is following.
Protip: Sell now and buy back at $280 to $250 for quick short gains on the way down and up... Trade with margin if feeling like a crack addict.
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>>2659354 (OP)
ETH has shit gain potetional unless you have 100+ ETH or bought in early
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>>2659354 (OP)
Good luck with those shorts homo
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>>2659354 (OP)
Today is the first time I invested into this crypto jew buying into BC and ETH.
See you in a year when I post my gains.
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>>2659400
You don't have to listen to me, Anon. This is just my TA from being glued to ETH (and other) charts for the past week in a cryptocurrency addiction state. I'm up over 300% from margin trading on the dip and then uptrend again, mainly on support and fib lines in correlation volume and market sentiment, as well as some meme triangle trend line fun.
Enjoy your FOMO, though. BUY AT $300!..Then panic sell at $200. Then, you are /biz/.
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>>2659460
All I can say then, is HODL. Even in a very large drop, it is very unlikely it cross under the $220 support line for momentarily. Do not panic sell. HODL! It will go back up and you only lose money if you sell high, buy low. Expect the short term uptrend to resume in $250 to $280 range.
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>>2659538
Just google terms and learn about them. They're not terribly complex if you understand math and patterns.
Here is a nice summary of some basic stuff from a slightly annoying youtube user. Ignore his shilling, but take in the info. Also, Coinigy for a good tool:
https://www.youtube.com/watch?v=GTnFoR-ro_M [Embed]
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File: 1496715107699.jpg (178 KB, 731x630)
Goddammit, OP was right. Why do I always buy high! I'm losing so much money! Help Anon!
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File: 1498241210782.png (709 KB, 860x851)
>tfw I thought I bought the dip but the dip came days later and went way lower
Compared to the happenings of the week so far the "dip" I thought I bought is next to ATH.
AAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHH
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>>2659354 (OP)
The chinks moved on to ant shares. Digits confirm.
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>>2659354 (OP)
Are you the anon who posted against ETH earlier? Also I hope you're not paying for coinigy.
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>>2659833
We're likely gonna be bear for a bit longer overall on the overall market. A relatively small correction less than a week long doesn't account for the massive, massive bull run we've had since May.
If you wanna make money, either buy incrementally along the different dips, selling your higher priced shares during recovery periods where we pass old fib/support lines, or just buy incrementally at the dips and HODL until we get uptrend again.
If you want THE BIG MONEY, but also potential big FUUUUUUUU, leverage trade incrementally closing holdings on support lines following the overall trend. Don't open a margin or close on a loss on emotion and be careful of your margin calls.
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>>2660001
hes talking about the market you dickhead, the market has had a bullrun in may the bull market since start of 2017 doesn't count because its a fart against what came in may
GTFO with you "oh i'm such an oldfag" bs, how can one feel entitled about beeing on fucking 4chan anyway
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File: 595562fe3105a.png (103 KB, 1148x547)
>>2660317
Thanks for the defense, but he's newfags must get stomped...This aint reddit, Tumblr, or Neopets forums, friendo. You must lurk for at least 3 years before you start posting.
Also, mah meme triangles
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>>2660341
Can you teach me how you calculate when to buy senpai?
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>>2659354 (OP)
yes ... help us drop the ETH price goy ... SELL
>rubbinghands.jpg
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File: eth short 3.png (70 KB, 1298x810)
Feels comfy to have a caught a local peak before the drop
Stop-loss in place, will be moved down gradually
See you at the bottom :)
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File: IMG_3006.jpg (46 KB, 448x550)
>looking at the hourly chart for market direction
ISHYGDDT
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>>2661865
is that the whaleclub "broker"?
have you ever tried to withdraw anything? i was checking it out but i've got bad vibes, they say they are based in HK but nowhere there's a regulation number or anything, not even an address. seems a bucket shop
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>>2659354 (OP)
Any richfag willing to kindly hand me from 0.1 to 1 ETH for free to help me get into the crypto world ?
0x97df4fa3448e9c2e7fc32ae308c749398815160e
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>>2659400
You'll profit eventually, but for now we're in a bear market. I see this lasting at least couple more weeks. I respect you for holding through this, but don't pretend we're on our way to the moon right now.
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>>2659426
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>>2659354 (OP)
ETH is what made me ALL my profits. It was 85% of my portfolio... but I am in this to make money, not to be a superstitious, sentimental cuck.
I'd wanted to sell back at ATH before the last big correction and held instead, at great opportunity cost.
This time I listened to my instincts. It almost physically nauseated me to sell my stupid ETH, but christ I'm glad I did (a few hours ago at $300).
I am not a great trader but I am slowly, slowly getting better.
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File: Capture.png (124 KB, 1425x794)
>>2663703
wow
nigga you are really stupid LOL
you just sold the dip
see how far that blue line is below the red? that means it corrects up, HARD.
you needed to sell at the complacency stage, not here you retard, especially after the entire market double bottomed
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>>2663716
how far do you think it will dip to and how high do you believe it will go? i have been holding since $18 and im gonna hold for at least a year i dont really care what happens in the short term but i like watching the movements
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File: eth short 3.png (73 KB, 1288x798)
>>2662187
>It's being forced down through a small number of sales, it's artificial
>>2663535
>I simply capitalize on you faggots thinking you're playing the market with your margin shorts overselling and riding the wave back up to norm.
Ok :^)
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>>2663716
the blue line has been under the red line since June 22nd and it has been going down that whole time except for Wednesday and Thursday's pump. Your indicator is faulty.
0.125 was a local top, this thing is going down
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>>2663858
you're a retard, red above blue means it's supposed to go down, when it diverges TOO much it goes UP.
the formation is called a C clamp, you predict the blue line crossing over the red you stupid mongrel
it literally just double bottomed
>>2663747
it should not fall past double bottom confirmation point at .1066. My shit won't let me zoom out to see the top based on fib levels, so I can't call the top
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>>2663926
>trying to sound smart
>failing miserably
meme lines work on non-volatile, trusted stocks. +/-5% best case scenario. you aren't going to predict 3 crashes in a week using "this red thing is over the blue thing i'm so smart lol"
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>>2663926
people would probably listen to you more if you didnt use insults in every single sentence.
The other guy said hhe sold at 300 and now its at 285. I think he did very well and all u do is insult him. Im going to laugh hard when it keeps dumping and then has an extremely weak "correction" that you're predicting
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>>2663858
seriously how stupid is this retard to not know what ichimoku is and call it faulty
like wtf
it's like seeing a forced update on your windows PC and me saying "oh it'll turn on again later" you saying "lol this shit is going down since the update, it's fucked".
>>2663959
I'm dumbing it down for you fucking retards, you want me to use the full technical terminology?
the blue line is the tenkan-sen and the red is kijun-sen, the deep array is the ichimoku kumo. It's a buy signal when the tenkan-sen crosses over the kijun-sen. Does that make you feel better?
>>2663996
you stupid nigger, think I give a fuck about you listening to me?
He's wrong, you're wrong, I'm right because I'm the fucking greatest.
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"whoops, guess I was wrong about bitcoin, I shouldn't have dismissed it and/or sold early. Shills are saying eth is Bitcoin 2.0 so I guess I'll buy that"
Literally the only reason this meme scam has gotten anywhere.
Still sagin eth threads all day err day
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>>2664035
I dont know where all this weird ass forced hostility against eth comes from. You can own both btc and eth and any fucking shitcoin you want and want them to all succeed. Wtf is all this anger coming from? Did some nigger piss in your cereal every morning so you have tp have some random shit to hate on?
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>>2664025
> He's wrong, you're wrong, I'm right because I'm the fucking greatest.
u seem mad.
idk, I feel good about having broken my superstitious long-term attachment to ETH and sold it.
I used the new ETH pairs on Bittrex to buy a bunch of boring-ass XRP and LTC. Both are doing better than ETH rn, and both I think have the potential for considerable gains over the next few days to a week...
...altho I know, Ripple ALWAYS disappoints. At worst tho I think it will just hang out like Tether. I don't think ETH or BTC look very good right now. BTC maybe is the slightly better of the two.
>>2663712
>>2663736
Thanks bros.
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Where is your god now, ethfags. I made all my money in ETH, but I got out on Thursday of last week. There is no longer any upside in Ethereum in the short to medium term. I expect to get back in substantially lower in the coming months.
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>>2664248
literally just launched intercountry banking network, not a long term hold???
https://ripple.com/insights/its-now-faster-and-easier-to-send-money-be tween-japan-and-thailand/
>sell ETH
>XRP is p&d
this guy is just a series of bad decisions, one after another. absolute retard.
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>C clamp
>predict the blue line crossing over the red you stupid mongrel
>double bottomed
>double bottom confirmation point at .1066
>fib levels
>buy signal when the tenkan-sen crosses over the kijun-sen
>I'm the fucking greatest
:^)
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>>2664308
go kys you retarded faggot, you are literally nothing.
literally the only time frame you can see a downtrend on eth is on the 2 week level, all other levels, shorter and longer term show up an uptrend. what a fucking tool
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>>2664346
>muh ichimoku cloud
>muh buy signal
>muh uptrend
Every indicator is a lagging indicator. Your ichimoku bullshit is bullshit.
Since your first post in this thread, ETH is down nearly 10 bucks. Where is this moon you promised?
Don't speak unless you know what you're talking about. And stop being so mad, you're going to have an aneurysm pretty soon
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File: Capture.png (84 KB, 1124x740)
Asian volumes, use the Asian markets, there is literally nothing to worry about here yet, still on the old floors.
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>>2664390
LMAO
it's been what, two hours? and you fucking faggot, the fuck do you mean the moon I promised? I didn't promise shit to anybody. I don't owe you shit, you pathetic sheep. I made a fucking declaration. Keep panic selling you stupid bitch, I don't give a shit.
The ENTIRE market is down you moron, if you hadn't fucking noticed lmao
When the fuck did I give any time frame at all? lmao.
also
>giving a shit about non daily movements
stay poor
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>wow guys ETH is going up now moon moon moon!
is this what you fucking faggots expect?
These hourly movements are inconsequential. Kill yourself if you think otherwise.
>>2664482
k
>b-but anon, that one random shitcoin!!!
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>>2664502
i said it works for assets tied to some consistent value provided. mr. kenchiiki-sen suicidal bagholder over here can only say "it will rise" or "it will fall" with no accuracy to magnitude or timing, because his fucking lines lag behind the trends. he's a fucking idiot and so are you.
>>2664496
>poloniex
>only high volume coins
>entire market
you'll learn i guess...
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>>2664529
stop looking for verification on your pathetic belief that TA doesn't work.
You are just far too stupid to understand it. Your lack of knowledge scares you.
I don't need anyone to verify anything for me. I make statements; you look for other pathetic retards to sympathize with. I'm the fucking best. You are trash.
Everyone, look at these pathetic faggots. Like seriously, the moon I *promised*? lmao.
How fucking pathetic can you get.
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>>2664586
>"analysis"
>"when the red is over blue it's going to go up"
>"except that's only true about 50% of the time and has no correlation with when it will actually happen or how much"
>"im too new to crypto to understand how the price fluctuates, i just look at lines and guess"
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>>2664668
>you watch the price bleed down for hours
>half a second later it instantaneous gains back
>not understanding that NOONE sells like that, and it's a whale sell wall to suppress the price
>25% zoomed in
HAHAHAHAHAHAHA
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>>2664690
rofl
>how do pump and dumps work anon? There's no way that they're going to REMOVE the wall to make it seem like the price is going up under buy pressure later! that wall will remain forever!
>>2664692
You can't save face, you fucking retard.
legit posts a 25% zoomed in wall lmao
>>2664707
>slow bleed
>dead cat bounce
HAHAHAHAHAHAHAHAHAHAHA
LOOK AT YOUR OWN IMAGE RETARD
HAHAHAHAHAHA
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So in the end, the only thing drawing the price down was people shorting because they collectively believed the price would go down or followed twitter bots and the market forces that be normalized it leaving lots of salty FUD'ers in the red? hilarious.
>following the meme bubble graph ishygiggitydiggity
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>>2664314
I just noticed this faggot.
>buy signal when the tenkan-sen crosses over the kijun-sen
That hasn't happened yet retard LMAO
This is why I dont use these terms. Faggots like this can't keep up. Can barely tell the difference between blue and red.
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