/biz/ - Business & Finance

>>49663799
WHEN SHOULD I BUY? WHAT PRICES?

so we won't see sub 20k today? then i will go to sleep

>>49663799
Absolutely called it.

>>49663799
>KING SHITCOIN WILL DUMP IN THE WORST BEAR MARKET/RECESSION/INFLATION/WAR/REGULATIONS SINCE YEARS
yeah no shit whatever the fuck rsi

20200 atm xdxd

>>49663799
>never lies
i can literally see 6 false signals in your pic

Based STOFHanon

>>49663992
>so low IQ he can't comprehend stoch rsi

>>49663839
Look for prices where there was a strong rebound. Look at how big those rebounds are. Look at how far below those bases the price falls to the next base. Take the average of those cracks and set an alert to buy at that distance below the last base with a strong rebound. When the alert hits, buy and set a trailing take profit order based on past rebound size.

Keep nibbling at the dips and taking profit when it bounces up.

Hopefully this helps. It's called quick fingers luc strategy. It works on volatile patterns.

>>49664023
fine, you're so high IQ, write a backtest using signals from the stoch rsi on the 2 hourly and show me the results and the code. Something like that wouldn't take me more than 5 minutes.

>SSHHHHHTOSK ARSHIIIIIEYEEE

>>49663839
Around 17.5k-18k is the next target according to fibs, but you might want to check other indicators, we will definitely have a good corrective pump, but not a reversal, just a correction pump and then we go down again.
We will continue to do this until August-October. Take profits when you can.
The stoch rsi seems like a good one on the 2h as OP said.

>>49663799

>switches timeframe to 1h o r4h and itss uddnely a buy signal

nigger

>>49664023
>>49664159
shit bro, what's the hold-up?

Holy fucking pee poop, it's the infamous bunny pattern on the seconds chart, it's literally impossible for bitcoin to drop below 20k, 20k is the new 0

ah yes modern astrology

>>49664294
>switches timeframe to 1h o r4h
Not OP but 1h is for degenerates that scalp small %s and way too risky, too many false signals as well, and how the fuck is the 4hrs giving a buy signal to you?

>>49664294
Lying jew detected.

>>49664294
>>49664396
and not even remotely bottomed out on the 4h, looks even more bearish than 1h and 2h

>>49663799
Actually it does lie, all the fucking time. Try backtesting it before spazzing out thinking you're some kind of technical analysis genius.

>>49664023
>>49664159
still nothing? OK, I did it myself, backtest starts in March 2020 with $10k and goes all-in long/short each time there's a cross in the oversold/overbought zones respectively. But what do I know? I'm too low IQ to comprehend the magnificent stoch rsi

>>49664587
Based

>>49664587
>>49664159
damn..owned him

>>49664587
Based backtester, finally someone who gets it.

>>49664587
>fudded up magic numbers
ok bro

>>49664750
it's even fuddier than that. The strategy starts in March 2020 and is broke by December 2020. It doesn't even make it a year lol! If you reduce the bets down to $5k each time, you'd still be trading today but you'd be $5k in the red.

>>49664587
Based low IQ anon

>>49664587
Okay now explain to a low iq what this means please sirs

>>49665159
it means that if you use stoch rsi as an indicator (at least on BTC on the 2 hourly chart) you're gonna get rekt royally. Not only can't a stoch rsi strategy beat buying and holding, it can't even turn a profit. If you bought btc in early 2020 (when the backtest starts), you'd still be in profit right now.

>>49663799
>2h chart

>>49664587
Your pic has nothing to do with Stoch RSI.

>>49664609 >>49664636 >>49664648 >>49664750 >>49665085 >>49665159
His pic has nothing to do with Stoch RSI, stop falling for bait retards.

WHERE ARE YOU Z, I FUCKING TOLD YOU. LOL