https://www.tradingview.com/chart/ETHBTC/dkirbbdQ-Another-Pennant-to-the-Moon/
>>1942412
Should I buy into this guy? Seen this posted in the chat several times already
>>1942412
For ever bull chart there is a bearish one. I'm not sure how ETH can get to .050+ BTC when btc is moving up.
Remember ETH was sideways at $10 for months and $20 for weeks.
The price action on ETH just can't cont. like this guy thinks.
>>1942449
if eth and btc are inversely related at least while they're at the mercy of whales then a drop in bitcoin would rocket eth this time around as it has in the past yet somehow eth is at a new higher level after each one.
heres the link to his btc chart although he may be updating it soon idk
https://www.tradingview.com/chart/BTCUSD/IcMeMY6o-Bye-Bye-Bitcoin/
>>1942412
> falling for the TA meme
This ppl dont know that TA is like reading the horoscope ?
I dont get this chart drawing meme
>>1942506
this
TA is to econometrics/statistics what homeopathy is for medicine
it is for lazy stupid people who want quick answers they don't need to invest much brainpower or time into achieving . - thus brokers love to promote it as it gives any old idiot an easy framework from which to kid themselves that they're in a position to make trading decisions...
thanks to its popularity among retail day traders etc.. it has become popular for the shitcoin crowd too
>>1943510
This is better than TA then.
https://btcmanager.com/okcoin-to-add-ether-support-china-to-compete-with-korea/
>alright see this pattern of bobbing around doing nothing?
>that means its going to double soon
>>1942436
no, his charts are designed for him and a few of his close cronies to sell off right before the indicators for the person reading it. Then he disappears for a while to make it seem like he was too busy to warn people.
>>1944156
OP pic is proof enough of this, look where it was suppose to shoulder, yet it suddenly dropped before that.
>>1943510
But anon if so many people rely on it doesn't it become valid, in a self-fulfilling prophecy sort of way?