/biz/ - Business & Finance

>>51110165
Crypto twitter: 17500 was the bottom!
Reddit: 17500 was the bottom!
4chan Mumus: 17500 was the bottom!

When everyone agrees they know what the bottom was only weeks after it happened goes to show it was likely not the bottom. Bottoms are only confirmed after a new all time high.

Maybe we look back and say 17500 was the bottom in 2025 when BTC is 70K

Or

Maybe

Just maybe

10K was not a meme

>>51110165
>>51110186

>>51110165
The Stoch RSI gigachads are victorious YET AGAIN, what a surprise!!

>>51110222
check'd and kek'd

>>51110165
>>51110222
Double bear flag
Everything is bearish
Would be a shame if we pump

>>51110186
You eighter lie or you are not seeing the big pciture but the majority is bearish

>>51110292
you missed the entire point of what im saying
when everyone's calling the bottom shortly after it happened it's unlikely that was the bottom
lower we go

>>51110165
>>51110186
low iq

>>51110165
Sure this is totally not because of Powell's speech.

>>51110406
>muh neeeews
>muh events
>muh poooliticians
Extremely low intelligence detected. You were warned for weeks and weeks about this in advance. Lots of people knew thanks to looking at the chart and checking what BTC was doing, as expressed in Stoch RSI. You chose to ignore it.

Nocoiners seething.

>>51110338
This. We only bottom when bears are hyper euphoric and calling for Btc being dead and going to $0 and when exchanges have majority shirt positions over long positions. Only when we hit this moment is when we truly bottom, there is absolutely no exception. Markets will keep bleeding until we get to this moment and belive me there is still a long ass way to go. $6k is my guess. The 4 digit barrier is a huge psychological barrier, most bulls will buy believing that it can’t get worse then in crashes again down to 6k. This is when they lose hope and sell and get angry, this will be when investor confidence is so low nobody will buy. This will be the bottom. I have been in the market for years and I can predict these things. It’s a hard truth to swallow but this is the harsh reality. Swallow your pride and sell everything now and open a 10x usdt short and close around 7k just in case bottom is front run. This will be the best advice of your life but 99% of the NPC nigger cattle won’t take it. It’s why people like me are rich and everyone else is poor fag loser.

>>51110470
You first.

>>51110445
Then the timing must have been an amazing coincidence, huh?

>>51110165
No all caps and link spam needed for this one
Zoom
...
Out

>>51110515
Hmm, it's ALMOST like the BTC dump had been coming for weeks and weeks, slowly building up -- not something that suddenly happened for the last day or two -- the Stoch RSI getting higher and higher, indicating BTC was closer and closer to crashing, and the whales simply decided today was a good day to sell. No coincidences. If they decided tomorrow was the day then the dump would've been tomorrow. If yesterday, then yesterday. It was coming very soon regardless. They just picked today because it was a suitable day due to the added fear.

>>51110165
the cross doesnt mean it will necessarily go down retard

>>51110470
The real bottom is after we slowly crab downwards for years and everyone eventually forgets about cryptos. Bear market doesn't just magically end after a big dump.

>>51110165
I've been warning them and being cautious, they still didn't listen

>>51110550
Yep. During bear markets the Stoch RSI lingers for a very long time at the bottom. Picrel.

As one of the high-IQ anons who warned us about this weeks ago said, here:
>>/biz/thread/S50644214#p50644269
Quote:
> "Zoom out. 1W Stoch RSI. That's all you need to know with regards to why. Zoom out further and check the 1M Stoch RSI and you know why the bottom is near 10k or under. "
> "Zoom out further and check the 1M Stoch RSI and you know why the bottom is near 10k or under."
1M = your pic & this pic

>>51110165
I warned them.

>>51110709
>2 points of reference
GUYZ I FIGURED IT OUT IT WILL HAPPEN AGAIN THIS TIME

>>51110678
Forgot pic

>>51110709
That realitypilled anon knew on July 30th, by the way. That long ago. July 30th. He knew then it needed to go higher (the price and the stoch RSI) before dumping. And of course he was right.

These charts, the Stoch RSI charts, truly are a filter that separate high-IQ anons (those who understand and know how to look at the charts) and the low-IQ anons (who whine and seethe at the charts and choose to ignore it, then post pink wojaks and whine more).

>>51110753
Never stop seething. Your kind is an endless source of entertainment.

>>51110764
june 2020 it crossed too and didnt dump retard

>>51110821
>retard thinks using the stoch rsi makes him a genius
ok

What the difference between normal RSI and stoch RSI?

>>51110848

>>51110855
Stoch RSI makes brainlets seethe due to its effectiveness (especially on zoomed out charts). RSI, not nearly as much. That's the important difference. In the end that's a big part of what it's all about isn't it? Having fun and knowing stuff while other seethe in their ignorance.

>>51110860
>retard uses a built-in indicator, thinks he's a genius
monthly stochrsi crossed bullish for the 3rd time already, now kys.

>>51110617
Ladies and gentlemen. I present a human brain on TA.

>>51110907
that's right, and the monthly is bullish my retard

>>51110362
>ignores the chart, ignores reality
>only cares about his own feels and wants
>proceeds to seethe when reality disappoints him

Picrel is (You)

>>51110165
Its called a crab market. And we've known about it for years. Thank you for your concern.

>>51110709
I believe lower, I don't believe 10k. But I will accept the cheap gibs either way.

>>51110933
What you call "TA" is the chart. The chart is BTC. The candles and the price action in the chart is the BTC market. When you're looking at a BTCUSD chart you're seeing BTC itself. Don't like what the chart is saying? Then you dislike what BTC / the market is saying to you. So go and cry to the market/BTC instead of crying to anons on /biz/. So pathetic. But really you shouldn't be crying at all. You should man up and git gud. Learn and improve yourself. Stop just merely reacting and being emotional. It's extremely feminine of you.

>>51110186
10k and pray, bitch.

>>51110855
It simplifies momentum and due to it's simplicity cattle prefers to ignore it even though most traders would be more profitable it they used it

>>51111034
But ta has been proven over and over to be about as effective as random guessing when it comes to foretelling price action. The studies have been done and the data is in.. So I guess you're ta is just better? Like astronomers who guess right did theirs better than others lol? Jesus christ you guys really drink your own cool aid don't you?

>>51111098
what does the monthly tell you, retard? >>51110930

>>51110165
i think it might be over this time for real

>>51110338
You missed my point
>when everyone's calling the bottom shortly after it happened
Thats EXTREMELY WRONG
The first days basically nobody called the bottom and now its still a minority that says it
Thats what i was referring to

>>51111170
I'm banging your mum tonight

>>51111311
its funny, the majority of people are bears who claim that its going lower because everyone else is bullish. its like an army of retards all piled into the same side of the trade pointing the finger at one lone retard bull on reddit and seeing SEE LOOK EVERYONE IS BULLISH

these fuckin idiots that claim retail is bullish need to take a look in the mirror and see that they ARE the retail

>>51111170
1M : bullish
1W : bearish
3D : none
1D : bullish
12H : bearish
4H bullish

>>51110186
don't want to spoil your bobo euphoria but 10k is a meme. maybe we touch it with a scamwick in 2023 after a rally to 40k where chads who bought the bottom get the opportunity to double their money.

>it's march 2019 and the 1w stoch is crossing bearish, 1k here we finally come!!told you bulltards!!1!!

>>51110659
Yeah this. I do believe we will get a big crash end of Shemitah year though at least to 14k. After that a crab that never goes above 24k with a very slight down trend that bottoms out around 6k after three years. The crab will be full of bull traps and everyone will forget about crypto and nft’s by then

>>51110186
>”maybe, just maybe”

>>51111167
>muh jesus christ
Found the seething low IQ jew. And you guys claim to be smart. Yet you can't wrap your heads around a simple zoomed out BTC chart. Amazing.

>>51111857

>>51110470
Nigger 6k and it would never go to ath

>>>51111111
>>51110470
Nigger 6k and it would never go to ath

>>51110165
I smell a market crash again and I'm going to buy more assets, like buying geeq, iost, reef, and icx, that have working products that will sustain in the long run. Time to be wiser kek.

I've been using 4hr/daily 3 ema. Is weekly stochrsi superior?

>>51112018
Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg Nigg

And we are back.

>>51112291
Are you fuckin holding everything? Ye?

>>51110550
>using monthly RSI

>>51110165
There is a huge difference in how smart anons who understand how to "read" the Stoch RSI look at charts like this, versus how brainlets look at it. They look at it in two entirely different ways.

When smart anons look at a Stoch RSI chart they know what they're looking at is the will of the market. They know when it nears the top it will inevitably always go down - the Stoch RSI itself, that is. And, hence, the price is about to go down (compared to what the price was when the Stoch RSI was high or topped). Always. And not /because/ the Stoch RSI got high. No, they don't think the Stoch RSI is something that's "doing" anything or "causing" anything to happen. Rather, again, they know it's just one of the many ways of visually illustrating the market, the will of the market; what the market is doing and what it wants. And they know sometimes the Stoch RSI won't reach 100 points (or 0) due to the market situation and the zoom level - in this case a bear market and zoomed out (as opposed to a 1h chart).

Brainlets however, when they look at a Stoch RSI chart like the OP one, they only see "two lines", think nothing at all about the market or about the market situation, and think what they're seeing means that "two lines will cross, and this crossing - that graphical happening on the chart itself - that will cause people to sell!". It's totally idiotic to look at it that way and extremely simple-minded. It's no wonder that they (coupled with, and compounded by, turning themselves into bagholders through not taking profits when they should and not selling before crashes etc due to their general brainletyness) get upset and angry at Stoch RSI charts, when they're looking at them in that idiotically simplistic way and fail to grasp that what they're seeing is a visual representation of the market's movement and its sentiment and that the Stoch RSI isn't something that causes the market to do anything or which the market reacts to.

>>51110709
There is a CME gap somewhere around the mid 9s I believe. I don't feel like looking for it right now. I think if BTC goes anywhere near the 11-12k number it's going spike down to fill it.

>>51113535
lagging indicator, only works in very rare instances by itself

september/october generally a blood bath

>>51113776
>1875
>didn't even put in effort in making it look legit

>>51111167
you are
1. a faggot
2. a retard
and
3. you need to go back

>>51113368
Yeah anon and I might buy more Geeq before they release their data management, which is going to be more helpful in businesses to improve their work.

>>51110186
>Or
>Maybe
>Just maybe

Go back to redd*t you subhuman fucking white liberal

>>51114181
you in a long? LMAO

>>51110165
what does it look like now? niggas literally post the same picture in every thread from months ago so I stopped caring about them.

yeah weekly rsi is so useful lol

>>51110165
They are dumping bitcoin and piling into ether to save the planet.

>>51111277
Checked. It all comes tumbling down tumbling down tumbling down

>>51110967
Literally me

>>51111111

here's some hopium using pi cycle inversely.

>>51113535
What on earth are you smoking?

>>51114662
>Still dump

>>51113728
Why didn't he just say this?

>>51110165
>IMAGINE KNOWING ABOUT THIS. IMAGINE IGNORING OUR WARNINGS:
Imagine investing in a Pyramid scheme and holding what a simp

>>51110165
I don't care if you gave any warnings, I'll just continue accumulating at the lowest price. I've been adding xpress, hbar, cspr, and cate lately.

>>51115414
Which one do you accumulate more?

>>51115786
I recently accumulated xpress and cspr. I am glad that CryptoXpress has been working on a bank metaverse. Casper continues to build. Let's see how it goes.

>>51110165
What indicator is this?
Link it please

>>51116188
It says Stoch RSI on the image, what do you mean?

>>51112378
anyone?

>>51116278
Ahhh?

>>51110855
RSI = 100 - (100/(1+(Period avg gain/loss)))
Stochastic RSI = (RSI-min(RSI))/(max(RSI)-min(RSI))
It's literally just RSI within the stochastic oscillator function

>>51110165
Redpill me on Stoch RSI.

>>51116599
Shit be mid senpai frfr on god playboi

>>51110276
I am replying to your post so you don't feel left out, everyone else's posts are getting replied to

:)

>>51110165
shit was starting to look a lot like dec 2018
the problem with crypto is that it always does massive moves in either direction so missing it could mean missing huge gains
with all of the long term indicators saying it was a buy moment the june lows really werent that bad, it just remains to be seen if jpow will really nuke all markets into oblivion
and monthly looks pretty bullish

>>51113535
this man knows, the crossover the peasant sees is invalid until close for start (playing redraws until then) and on close values calculation is a losing strategy

>>51117794
ironically, it is still a shitty formula, but slightly profitable for longs, not shorts

>>51117820
forgot pic

>>51117852
furthermore. playing with the settings of his simple strategy at least a little bit (something someone as retarded as op would never think to do) does give somewhat favorable results. but that would have been short a week ago, hombre. entering late is a losing strategy. and not testing your strategies is retarded. op is retarded. have a good day gentlemen.

>>51117794
could you explain how to know that the stoch rsi in sept 2020, jan 2021 and sept 2021 only corresponded to a rather small drop in usd price or do you have to chase every trend and see where we end up
from a fundamental view the last few months saw a massive institutional capitulation to drop us this deep so will a similar impact be duplicated now, or do we see a stoch rsi bottoming with limited price impact like other times

>>51118062
you just chase every trend with a proven strategy and dont put all your eggs in one basket. ideally you produce better strategies than this, reducing drawdowns and increasing profitability. here is an example of a profitable strategy, although it is long only.

TA is simply aligning with what the bond market and whales were already hinting at. SPY nearly returned to ATH but economic indicators are looking way worse than they did in January. Even bulls feel uneasy projecting some epic continuation of the bull rally past ATH.
Today's signal was that the fed is caving and can't stop the collapse. Their two policy objectives are at odds with each other and they have chosen inflation control over employment.
No one was taking him seriously because the pace of hikes & tightening had been pretty slow. But the tightening doubles in a week and the bloodbath is just beginning.

>>51118381
confluence with other markets is something i have tested intensively and it is not a profitable strategy. following the news will cost you more money than it will earn you. regarding other markets, i did find a profitable strategy incorperating pivot reversals away from the market itself, as in the market is doing good and bitcoin is doing bad, that is bad for bitcoin. if the market is doing bad, and bitcoin is doing good, that is a healthy sign for bitcoin. here are the reversal trends from the market put into a strategy. the largest correlations i found for this "breakout" system are dow jones and gold. the idea for this script was taken and further optimized from the meme indicator saylor to schiff ratio

>>51110186
The other day I saw a reddit post telling people to "don't even think of buying the dip".

If bobos think they are a minority they are delusional.

>>51118630
reddit is unironically right this time. it's over

>>51110165
when did warosu start archiving /biz/ again? i know they stopped last year because of the obscene amount of posts during the bull run

rsi and stochastic rsi is an absolute scam, just used to manipulate little dumb goys

>>51110165
here is the attention you seek. please don't kill yourself.

>>51110165
congrats on finally coming out to the world. enjoy your munkiepox.

>>51118565
do you ever consider shorter time frame strategies or are they just too volatile?

>>51110165
Can't Jewmericans just fucking die and stop jewing the world?
Nation of nigger loving nigger-cattle
>bearish
>bullish
>hawkish
>dovish
Fuck your ebonic speaking.

>>51116750
I am inspired by your actions and wish you the same blessing fren

>>51122103
fren poster is the reason why i cant live this place

>>51113728
>waaaah, it only works in rare cases
It "works" every single time. Every single time the Stoch RSI tops and bottoms the price goes down and up. Regardless which coin.

Looks like you don't understand it at all. You're clearly one of the brainlets >>51113535 described.

>>51110776
>These charts, the Stoch RSI charts, truly are a filter that separate high-IQ anons (those who understand and know how to look at the charts) and the low-IQ anons (who whine and seethe at the charts and choose to ignore it)
Why is stoch rsi so important?

>>51110930
>monthly stochrsi crossed bullish
>>51111170
>what does the monthly tell you
See: >>51110709
Looks like you missed that post. It was just a few posts above your post. You could've seen it and avoided posting those embarrassing posts of yours.

>>51110930
>cross
You're one of the brainlets mentioned by >>51113535

>>51110165
Zoom out OP. Do you even Elliot bro?

>>51123302
Elliot Waves is the favorite tool of the noob tradingview user. It's usually babby's first attempt at charting. After babby gains experience and skills he realizes Elliot Waves are nonsense and not reliable at all.

>>51113535
which timeframe to look at for big profits?

>>51122856
Hi there!

You seem to have made a bit of a mistake in your post. Luckily, the users of 4channel are always willing to help you clear this problem right up! You appear to have posted a picture of a green cartoon frog when posting, but the frog has nothing to do with the content of your post! Whoops! You should always remember to only post frogs when they are relevant to your post. Posting frogs randomly, when they are not relevant, is poor form. And you should always use a name in the Name field. Otherwise your post shows up as "Anonymous".

Now, there's no need to thank me - I'm just doing my bit to help you get used to the 4channel culture!

>>51123230
>>51123280
>but I regurgitate what he says so I’m smart
>doesn’t understand what lagging indicator is “it works every time” lmao
>t. authority following npc
>>51113535
>Verbal salad that simply says when stoch hits 100 it goes down, when 0 it goes up, just because
>the will of the market
midwit cope to boost npc ego, no actual argument that there is indeed a difference between two groups of people. You either just believe in some will of the market (aka the indicator) or you don’t. Masturbatory thinking that’s wrong every time the market takes a sharper turn, also
>lagging indicator kek

>>51123447

>>51118150
>here, I put long and short orders on a historical chart
>strategy

>>51123447
leave i mean

>>51118381
They’re not controlling inflation with these wussy rate hikes, the fed says one thing and does the other.

>>51110186
Almost everyone calls for under 17k price or even down to 10-12k. What the fk are you on about lmao? Almost nobody calls 17k the bottom.

My DCA starts again next week after selling near the ATH, can't wait!

>>51113776
Based
The general trends have followed this chart

>>51123452
>the market (aka the indicator)
So you agree with him that the indicator is the market. That shows you're high-IQ. But then, your following "Masturbatory thinking that’s wrong every time the market takes a sharper turn" make you seem low-IQ. You do realize that when the market takes a so called "sharp turn" that's of course illustrated graphically by the indicator, since the indicator is, as you say, the market. Picrel. So there's no "wrong thinking" on his part, but rather on your part. Since you're high-IQ enough to understand that the indicator is the market, but simultaneously low-IQ enough to write that other stuff, it seems you're a mid-IQ individual, or, in other words, a midwit.

>>51118150
>you just chase every trend
isnt that massively nerve wrecking for instance the rsi indicator completely broke down during the bull run and the period of max gains
i am just a simple fundamental long term investor and hodling sure is a lot easier then having to obsess over charts all the time
do you have an idea how much you made over simply holding from last bottom to last peak

>>51117794
>op is a faggot yet again.png
>is against OP
Yet posts:
>"this man knows"
referring to >>51113535
Yeah, he knows indeed. And he's supporting OP while attacking the anti Stoch RSI anons (such as you).

Didn't really switch on your brain before posting that, did you.

It's not over yet, short squeeze incoming, Lester.

>>51110930
if you start looking at the longterm trends things are starting to look a lot like 2018, same time frames too, 3 months for the drop, 12 months until a bullish reversal
but of course this works under the assumption that may was the top as evidenced by a lot of onchain engagement indicators like transactions, new adresses etc and the nov peak was a dead cat bounce
but this is a very contentious statement on biz as there will be a horde of autists screeching you down but number be slightly higher cant be bounce

or you know either all these indicators mean nothing and the future really is written in the eccles building

All of you bulls are forgetting one key element.
>Recession
>e
>c
>e
>s
>s
>i
>o
>n

>>51110709
if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
or are you saying this time is different and you just have to know ok

>>51121903
too volatile, only usable for divergences, its easy to make money from lower time frames, but the fees outweigh the average returns of profits

>>51123466
you have no idea what you are talking about - my strategies are being used actively by friends and family, i cannot just give them to you, they are probably worth more than a year of your labour, why would i give the building blocks of my strategy to you, for free?

>>51123764
you dont understand, i think. he is saying its usable, but most people use it retardedly. op's post is a net losing strategy, hence a retarded usage form. you're not the smartest apple from the bunch are you

>>51123939
He's clearly allied with OP against the brainlets who can't comprehend Stoch RSI. He's backing OP up and agreeing with him, elaborating on why brainlets didn't heed the many warnings by Stoch RSI anons warning weeks ago that this would happen.

The "smart anons" he was talking about is OP. OP understands what he's seeing is the will of the market. OP, being one of the anons who know how to read Stoch RSI, knows when the Stoch RSI nears the top it will inevitably always go down - the Stoch RSI itself, that is. And, hence, the price is about to go down (compared to what the price was when the Stoch RSI was high or topped). Always. And not /because/ the Stoch RSI got high. No, OP doesn't think the Stoch RSI is something that's "doing" anything or "causing" anything to happen. Rather, again, OP knows it's just one of the many ways of visually illustrating the market, the will of the market; what the market is doing and what it wants. And he knows sometimes the Stoch RSI won't reach 100 points (as in the OP chart).

>Brainlets however, when they look at a Stoch RSI chart they only see "two lines" and think what they're seeing means that "two lines will cross, and this crossing - that graphical happening on the chart itself - that will cause people to sell!". It's totally idiotic to look at it that way. It's no wonder that they get upset and angry at Stoch RSI charts

>It's no wonder that they (brainlets) get upset and angry at Stoch RSI charts

Missed that part, didn't you.

>>51124159
Passive aggressive faggots are so insufferable

>>51124159
but in crypto the stoch rsi can stay at near peak levels for a long time and decline back to low values with comparatively little usd price action
as asked before how did you know to use the indicator differently in 2017 as compared to now

>>51124159
>>51123939
By the way, >>51113535 will remain "1 post by this ID". Can you guess how I can be 100% certain of that? He could prove me wrong at any time by posting again. But he's not going to. Now how can I know that, with absolute certainty?

>>51124159
i think i might have been to vague. allow me to elaborate. john wick can kill a guy with a pencil. it is not the preferred killing tool. stoch rsi is like a pencil. you can get shit done with it, but its not like a fucking tank. used how op has used it, stoch rsi is like shooting yourself in the foot, not even a pencil. i hope these comparisons have left very little room for interpretation. if you did not understand the john wick reference, then i recommend the movies, they are breddy goob.

>>51110165
>he just learned about the stoch rsi
nobody tell him

>>51111170
>what does the monthly tell you, retard?
it's telling that one should buy

>>51123939
So regarding >>51124245 you really couldn't come up with anything huh? I guess that riddle was just too hard for you. Alright then, fine, here's a screenshot, to spoonfeed you the answer.

So yeah, my assessment of the meaning of >>51113535 's post is 100% correct and your delusional "interpretation" here >>51117794 ("op is a faggot" etc) and here >>51123939 is entirely wrong.

>>51123912
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
Nope. You don't understand how to use it. Also you seem to think Stoch RSI is a "bearish indicator" and you're only meant to sell with it. And that suggests you lost money recently. You dislike Stoch RSI because you only just heard about it (from bearish anons) and therefore think the indicator is something inherently bearish, hence you oppose it. Hence your stupid post. Very silly of you. Learn what it is and how to use it instead.

>>51124552
now thats projection anon, i already told you i am a fundamental long term investor, i did not lose money recently and i am certainly not seething about anything no need to deal out the reddit snark we have no identities here that doesnt mean shit

what i am referring too is the clear differences in behaviour between the last two cycles, whereas in 2017 the rsi stayed at 100 for a long time and then dropped without a large downside in price, in todays cycle this is the opposite with short pump and dumps

now i may be a smooth brain fully possible but i dont see the difference that tells you for instance why in your own graph in late 2016 you only sold at the end of the long straight line and not at the start of it
or why you didnt sell in oct 2017 on the first peak but you did on the second
to me you are painting things on a past graph so 20/20 hindsight
or does this involve your secret indicator, that i understand you will not share with a lot of people here

>>51124552
>You don't understand how to use it
>proceeds to draw some low iq signals

>>51123912
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>gets BTFO'd and proven incorrect --> >>51124552
>>51124678
>oh no i didn't really mean what i posted, what i really meant was...

>>51124552
and to add to it because you seem to think i regard it as a bearish indicator all trades involve a buy and sell i know this its a market obviously
i refer to selling because in 2017 the indicator spend more time in the high band and few times in the low band
so the buys are pretty straightforward, but its the sell points in the high band thats much more tricky to accurately narrow down

or again i might be a smooth brain that can only spot buys and not sells with this indicator

>>51110165
man just shut the fuck up already, people are losing alot of money right now, its not a good time to FUD.

>>51124697
>profiting is low iq
>losing money is high iq

>>51124708
he posted lines on a past graph anon, i specifically asked him about the points of contention

>>51124725
Your claim: "if you used the stoch rsi in 2017 you'd have lost money and missed out on the bullrun", he proceeded to show you that if you bought and sold where the stoch rsi indicated it would've been good to do so you profited way more than just holding through it.

>>51124738
and i ask him to explain it to me cause i see a few points that seem chosen with hindsight
and yes i already admitted to being potentially smooth brained about the indicator

>>51124738
perhaps i should have clarified it with dates so you get what i am trying to say there was a sell signal at 3000 in june and the first real buy signal was only in feb, at this point you missed most of the bull
that was what i was saying so how do you know in july you were supposed to buy on a still high rsi and then not sell the first peak in oct but the second one in dec

i just hodled the whole thing and didn't complain but would like to learn it there is more profit to be made

>>51124755
cope more baggie, you know you got btfo'd and rekted & pwnd into oblivion

your post: >>51123912
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally

your post: >>51123912
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally

your post: >>51123912
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally

your post: >>51123912
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally
>if you followed the stoch rsi in 2017 you would miss out on a lot of the bull run and then finally sell right into the liftoff rally

AND THEN: >>51124552

LOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOL

https://youtu.be/9kgg4JpTP7Q
https://youtu.be/9kgg4JpTP7Q
https://youtu.be/9kgg4JpTP7Q
https://youtu.be/9kgg4JpTP7Q
https://youtu.be/9kgg4JpTP7Q

>>51124794
thank you for this valuable contribution to the discussion anon, it certainly elevated the thread with your erudition

>>51124723
i won't even explain because brainlets like you deserve to remain clueless with their low iq tv charts

>>51124817
You type like reddit, fuck off midwit

NOT THE FUCKING RSIRINO AGAIN AAAAAAAAAAAAAAAAAAAAAAAAH I'M GOING TO LOSE ALL MY MONEY BECAUSE A LINE NOOOOOOOOOOOOO god newfags everywhere lmao kys all I'm going back to my pool

>>51110165
>IMAGINE IGNORING MUH RSI
rsi is a lagging indicator and if you build any bot using rsi to trade you will be losing tons of money
if it was so easy to make money everybody would be doing it

>>51110165
The bankers have won. You retards are dancing on the grave of what could have made you free forever. Surveillance state currency is close frens.

>>51110933
>>51111167
>>51113728
>>51114708
>>51121540
>>51121762
>>51123452
>>51124926
>>51124950
And yet here we are: The Stoch RSI chads, aware weeks ago the dump was coming, are now comfy and rightfully smug. While the Stoch RSI haters (you) are seething and crying and are just generally upset and in a bad mood.

Any time anon brings up some indicator, 10 anons will call this indicator unreliable.
Are there any good indicators at all (or a combo)?
t. nontrader

>>51125089
>can you guys tell me how i can make money without putting any effort into it? i just want something that works ok?

so are we continuing to go down or can i make some buys now?

thanks in advance TAnons

>>51125231
there used to be a time biz freely shared information so all participants grew smarter
this nubiz thing is a recent phenomena, i really do miss the pre july 2020 board so comfy
with the amounts of money circulating in crypto now you can be assured there are paid shill brigades disrupting our consensus here

>>51125089
Stoch RSI.

>>51125237
Down. Obvious when yo zoom out. See: >>51110709

>>51125237
all strategies that i have created aside, this is the one i'm putting my bets on. the green line is the high of the last year, and the red line the low of the last year (at points of draw). from a historic perspective, this is around the place where people defend the price (it is in many peoples interest to defend here). this picture was taken 2 months ago, the current bar is stable, a sign of a quarterly recovery. if history is to repeat itself, this is the bottom. but we might revisit in this zone again next year before the next bull run even if we pump here, which is not certain either, but a good bet. you are being squeezed here for liquidity to allow positions for massive whales they intend to ride out to zones of 35-45K.

>>51125312
>this is around the place where people defend the price (it is in many peoples interest to defend here)
is this possible against the wider macro conditions?

>>51114228
>niggas literally post the same picture in every thread from months ago
The OP pic has never been posted prior to this thread.
>what does it look like now?
The OP pic was a totally fresh screenshot when the thread was posted. Check the chart yourself. Still looks the same. Maybe 1 pixel different.

>>51125312
2 months after this pic was taken, here is where we are now, with 1 month and a few days to go for the next quarterly close

>>51125371
see:
>>51118565
i can always be wrong. currently we certainly are, as you can see in the chart, in comparison to other markets, in a general downtrend. however a reversal away from this is a very bullish indication. for a unicorn like bitcoin, everything is possible. unfortunately, everything has risk. i cannot vouch you should put money in here. so far we are 2/3rds through the play happening as it historically has, though, and with every day the probability rises. the next monthly shouldnt be too phenomenal either, but if next month is good and closes good, this patterns repetition probability will increased significantly. i expect a scenario like after the 20K bull run 2017 where it goes to 14K ish - so no new ath until next bull run

>>51110165
>it will go down forever

>>51125461
no worries i already made my bed and am sleeping in it, i am not smart enough to pick the absolute bottoms so i went in with 80% during the june capitulation with the rest ready to average down should another crash happens, i am simply trying to learn from better trading anons
but if i remember correctly the spike to 14k last time was partially catalyzed because of the plustoken scam and the crash afterwards was the combo of the repo disaster and coof crash
so those are some very specific things that need to be duplicated to repeat the same graph action
seems more plausible we crab around here then repeat the pump and dump of 2019

>>51110186
>maybe just maybe
Hope you get skinned alive by a pack of niggers

>>51125523
almost all of this market is decided by boths and algorithms. whatever crash you see is because big money backed by big statistics research said there are indications for a certain type of movement, followed by an amplification of direction through many having made the same observations. sadly, i know ta is being shat on here, but it is a far larger deciding factor than whatever bullshit is happening in the market.

>>51125553
so you are of the believe its all whale controlled and fundamentals have no impact
i know ta is shat on because most of the posted ta is shit tier, i remember all the elliott wave fags that started posting in summer 2021 and got blown the fuck out so hard
but going to opposite route that everything is set by big entities is another extreme
now probably impossible to know for sure for us little guys, bu the coof dip was certainly a fundamental event with the bottom being set by turning off the bitmex LE at a specific time rather than price
also the may crash had several events coinciding that would be too improbable to be called organic

>>51125264
shilling a coin and shilling a trading strategy that works are too different things. a strategy that works will stop working if too many people use it. that's also why OP is a retard noob driven by ego, sharing what he thinks is a sure thing to make money.

>>51125780
why do you assume there is no way for a and b to both be valid? what if whales follow fundementals, just not the fundementals you have in mind? take this formula for example. i am late to the game, only started creating good strategies about a year ago. but other analysts surely have found as good as this. when you play this game 10 years, or at least 5 or more, your accumilation can become so big, that its not even an issue of your formlula's long term profitability, but slippage and size of order books. for example, with this formula, in theory, you would have more bitcoins than have ever existed or will ever exist. however, in reality, that would not be possible: again, slippage and size of order books. once your formulas are good enough its not even a matter of if they profit or not, but how you can buy enough not to shif tthe market too much and also the same for selling or shorting.

>>51110165
>Imagine ignoring this.

>>51126052
i see what you are saying anon makes sense that way, thanks for taking the time to explain it and making biz a better board

>>51125499
Nobody is saying that.

This is delicious. The board-wide seething by morons who ignored the Stoch RSI charts is absolutely delicious. Many of them no doubt bought in between 20k and 25k, thinking 17k was the bottom because of the LGBT chart (which was created by a jew). Some no doubt even longed. The seething is delicious.

https://www.youtube.com/watch?v=QisJcFPsjes

>>51110165
It's a bearish period for BTC. Just going to stake my ALBT in Fundrs till the market recovers .

>>51125312
are these 12 months Donchian channels, from turtle trading

>>51110165
We always warn them but they never listen.

>>51125062
Divine justice.

>>51124212
>and decline back to low values with comparatively little usd price action
why?

>>51126121
>still believing in market cap

>>51129824
The average IQ of /biz/ was higher in 2017.

>>51129824
That pic is retarded and pointless. Yes, market cap isn't a perfect representation of the amount of money actually in an asset. For instance it took 162b to pump btc from 30k to 69k (market cap rose by 744B despite having like 1/6th of the volume).
The hell is your point? Your pic isn't even relevant to their pic. It's stupid
>>51130062
Then dummies like you invaded

>>51130062
and thats a GOOD thing :)

>>51130146
>projection: the post

>>51130146
retard detected

>>51110165

BRO IF YOU RELY ON STOCH YOU ARE FUCKING STUPID POINT BLANK PERIOD

>>51130296 --> >>51125062
sneethe

>>51130266
What part is projecting? I'm simply btfoing you retards
>>51130288
cope

>>51110406
It is and I'm not sure what others imply by acting like it's not. All markets took a beating right after his speech. Is it just that the fud is better if you act like he had nothing to do with it?

i'm sorry bitcoiners, richard was right

>>51130308

go ahead, trade stoch rsi on any time frame, tell me how rich you'll be, it won't work

i love how retarded people are. i'm a wolf among absolute sheep

>>51110165
so it bottomed now?

IM NOT WEARING HOCKEY PADS

>>51130606
Fuck you bats it's about sending a message

>>51130652
is the message your are DUMB!?

>>51124914
You type like a faggot and your shit is all retarded so I'd say you are even

>>51130686
More or less

BTC is bottoming out under 10k. Just as the artificially induced Binance foreshadow-wick signalled. That was to 8k. Will it go lower than that though? That's the real question.

>>51130580
>1 week timeframe
>stoch rsi is very high
>1 day later
>anon: "is it bottomed?"

>>51110165
You're the retard who bought when it was oversold?

>>51110165
Beautiful.