Is it happening now, BTC below 37K !!??!!

[JohnnyDoe]

Unless you're from Africa or South America, you might have your account frozen and helpdesk will string you around for months.

I guess this can happen with any cex. Dex are not good for a noob and binance has by far the largest liquidity so it’s good to start.

 

[010cents]

why would that be different, you mean while I'm a European I will get trouble with my account approval?

I don't know why but a lot of people from those continents have been complaining on Twitter about Binance freezing their accounts for no reason. I'm European no trouble for me but I prefer other exchanges.

 

[JackAlabama]

What trading platforms you consider to be best and for noobs to to so?

What are your needs?

Kraken if you can and need fiat ramps. It is well integrated as is Coinbase. Binance is also an option as many stated.
You might have a local fiat onramp as well. Then I would use that for your fiat needs.

Bitfinex is also very good and one of my fav.

 

[JohnnyDoe]

You can obtain good execution prices and low fees with SwissBorg (if you hold enough CHSB). Trading is quick and easy, plus fiat is a piece of cake

 

[boomy]

You can obtain good execution prices and low fees with SwissBorg (if you hold enough CHSB). Trading is quick and easy, plus fiat is a piece of cake

noted, thank you.

 

[369]

binance is very often scamming margin holders and in stress situations of your coin they very often disable opportunities and can get you rekkt
thats why i love dex'es however there you have way less liquidity and options

btw we just created a new parallel channel.
Based on Wyckoff we should retest breakout which will be arround 38-39k and the parallel channel shows now a target arround 43-44k before the final drop
perfect playbook again for all the shorters on breakout.

 

[Golden Fleece]

The term "slanted head and shoulders" pattern does not exist. This is the only website I've seen mentioning it, what a reliable piece of information. You posted 2 images, both showing a H&S pattern, not a "slanted head and shoulders" pattern .

From the top in 12 April 2021 to the top in 28 March 2022 is a 25% difference. Even if you take the top of September 2021 and March 2022 it still remains a poor H&S pattern, like I previously said. Both the baseline and top of the right shoulder confirming my view.

Learn what a H&S pattern is and learn what confirms or invalidates it. Next time I won't educate you for free, gotta pay a bill or something.

I guess you need to look up the definition of slanted. You can't fix stupid, but you can laugh at it.

 

[369]

UPDATE

binance is very often scamming margin holders and in stress situations of your coin they very often disable opportunities and can get you rekkt
thats why i love dex'es however there you have way less liquidity and options

btw we just created a new parallel channel.
Based on Wyckoff we should retest breakout which will be arround 38-39k and the parallel channel shows now a target arround 43-44k before the final drop
perfect playbook again for all the shorters on breakout.

opportunity on luna gets quickly closed.
Binance allows to trade it now only on BUSD

 

[010cents]

I guess you need to look up the definition of slanted. You can't fix stupid, but you can laugh at it.

Video (

) perfectly describes your "slanted" head and shoulders pattern. What's next? "Slanted" falling wedge? Or "quantum entangled slanted head an shoulders"? You don't have to answer, it's just a joke.

What I need you to answer is this, when did your "slanted" head and shoulders pattern tell you what Bitcoin was going to do next, at 36k or at 31k? That must've been tough, dealing with a "slanted" head and shoulders pattern.

 

[JackAlabama]

Yeah. If this TA nonsense would work well enough, the markets would be 100% efficient all the time.
A large part of it is retrofitting and bias.

 

[JohnnyDoe]

A friend of mine is the best forecaster I know: he manages to pick tops and bottoms with almost absolute precision (only in the wrong direction). His last move was to buy OHM at $1k. Now he sold most of his alt coins. Just saying…

My friend is a genius. The best contrarian indicator ever

 

[010cents]

Yeah. If this TA nonsense would work well enough, the markets would be 100% efficient all the time.
A large part of it is retrofitting and bias.

Totally agree, however, if you, as a Twitter account with 500k followers put a line on the chart and post it, how many of your followers will bid that line?

 

[JackAlabama]

Totally agree, however, if you, as a Twitter account with 500k followers put a line on the chart and post it, how many of your followers will bid that line?

hehe yah true that.

 

[JohnnyDoe]

Totally agree, however, if you, as a Twitter account with 500k followers put a line on the chart and post it, how many of your followers will bid that line?

1. Find a small local market
2. Build a followers base
3. Trade during holidays when volumes are <10k contacts per day

That’s a good way to make a living by working only a few days per year

 

[010cents]

1. Find a small local market
2. Build a followers base
3. Trade during holidays when volumes are <10k contacts per day

That’s a good way to make a living by working only a few days per year

I had a pump and dump group for a while, didn't feel too good after a while so had to close it. Do Kwon had a small local market in Korea and now they're asking for protection from the police haha.

 

[Golden Fleece]

A head-and-shoulders breakout to the downside -- on both the yearly and the hourly charts -- with multiple price re-tests is now confirmed.

As Bitcoin continues to mirror the decline of the stock markets (although at a far steeper rate), the prognosis does not look good.

Bitcoin, which which has rebounded about 15% from its crash lows of last week, is looking increasingly vulnerable to another drawdown. The bounce has traced a so-called “saucer top” formation on the hourly chart, within which a bearish “head and shoulders” top has been activated due to the price falling back below the neckline. The pattern suggests Bitcoin would have to advance past $30,800 to shrug off the technical downside risk.

https://www.bloomberg.com/news/arti...-as-bearish-pattern-activated-chart#xj4y7vzkg

 

[EliasIT]

It does not look good... I hold my crypto until the next rise! At this morning I'm chocked about the development, time to buy more.

 

[fortunespeculator]

It does not look good... I hold my crypto until the next rise! At this morning I'm chocked about the development, time to buy more.

Maybe time to sell more , we are going to hit 18 k soon i think.

 

[EliasIT]

Maybe time to sell more , we are going to hit 18 k soon i think.

Maybe HOLd until we know more. I will not sell at this stage, I still believe the BTC will go up and hit 100K by the end of this year. Should it go down to 18K I will buy more.

 

[fortunespeculator]

Maybe HOLd until we know more. I will not sell at this stage, I still believe the BTC will go up and hit 100K by the end of this year. Should it go down to 18K I will buy more.

The first eighth and the last eighth are the most expensive eighths in the world.I would wait for the trend to turn up again.