is this triangle real? won't it break out in an upward fashion?

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but i'll also ask, is the 1hr candle too small of a data value to really provide any credibility with TA?

>>2865543

Only faggots use technical analysis.

>>2865543
the smaller the time frame, the smaller the expected breakout. In this case, you get your target by measuring the height of the triangle.

Trangles can break either way. You need confirmation from other things, like RSI/MACD/Stochastic RSI for direction

>>2865553
>but i'll also ask, is the 1hr candle too small of a data value to really provide any credibility with TA?

1h is okay in such a volatile market.

>>2865559
>Only faggots use technical analysis.

Some people want to stay poor.

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>>2865559
>too dumb to comprehend TA and use it to his advantage
>better call everyone that does faggots

>>2865559
Seconded. Just buy and hold, you'll be happy and rich.

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Buy on breakout to confirm the pattern faggots not before anything happens

File: purememeta.png (57KB, 1298x451px) Image search: [Google]

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>>2865559
Thank you. What ways do you tend to use to analyze what information to gain insight as to what may happen in the future of this coin then?

>>2865570
Thank you, that's quiet a bit to read about all the sudden. :)

>>2865574
When do you forsee the calm then as to need to zoom out?

>>2865652
How long do you tend to hodl a coin before letting go then? What plays as factors for you to continue to hold in a variety of markets?

>>2865559
fucking this. its the ouji board of the finance world

>>2865933

You buy an asset because you like the idea behind the product. Then you sell when you want to cash out or when you lose faith (because of news or new fundamentals).

>>2865640

>he draws some random lines
>he thinks he's smart

>>2865543
What you need to remember with meme triangles is that the closer they head towards the inflection point, the less impact it will likely have. Based off that graph, it optimally should have made its move ~12 hours ago, but considering that you're using such a short timeframe anyway, you're probably gonna get burned regardless.

All shitcoins follow BTC.