Apply TA to this chart and guess where it's going.

>>1488592
Looks like a Winking Harambe formation to me. I think it's going to swing around and go to the left.

>>1488601
This is a serious thread.

last red is the new ceiling.

will rise through that and have a breakthrough in another cycle.

too short of a time line to see. but it will platau and probably correct downwards before moving up higher than last peak in a year or so.
is this a tech/internet company?
they probably were in the red for a few years and just got in the black .

anything else?

>>1488592
down baby down to the ground

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>TA
Literally put a gun in your mouth and end your life

it's the monero chart and it went down


buy blackcoin

>>1488592
Is that the infamous "smoking duck" pattern?

>>1488592
volume is insuffecient ta won't work.

>>1488592
>TA
>>1488608
>serious thread.
Choose one.

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>>1488630
can i borrow your gun pham?

>>1488592
statistically it's more likely to make a new high than a low
taking that, we would want to get in to make profit above the new high and a stop loss below the recent low

>>1488611
lol no these are 15-30 min candles over like a 5 day period for XMR.
>>1488652
this

>>1488966
ok
so its like,raw internet tech....

but since its meme coin , then its probably gonna sit in the shitter for the majority of its lifetime, with random pumps inbetween till its eventually discontinued.

>>1488592
I think we have a support level at the 205, bringing down to the 99 and forward. A 7-9 on the left turn and a branch on the right 4-9. Consolidated, it's clear we have a double win-loss and a 3 strike upwards.

>>1488712
Statistically, it's more likely that you know nothing and nobody should listen to you.

tech analysis in a chart greater than intraday.... EWWWWWWWWW

>>1489010
statistically, 99 is closer to 100 than 90

>>1489015

Nigger what

>>1488608
'That was a serious post.
Don't overlook the significance of the Winking Harambe.

>>1488635
This.
Also your time frame is too short to apply TA.

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>>1488592

>uses moving averages and a derivative of moving averages

>>1488592
Simple. However I don't ever use TA alone. That takes some serious autism.

That last taller red bar + (.25%) would be my stop loss and I would short the stock at current levels.

>not using mechanical analysis

Fucking plebs.

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Holy fuck

...could it be?

>>1488592
Down, to the second highest dip.

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>>1488592

>Cherry pick one chart with minimal information to "prove" TA doesn't work.

This isn't even bait. TA doesn't work 100% of the time, one chart means shit.