/biz/ - Business & Finance

the situation is absolutely extreme right now, everything on lower timeframe than monthly is maxed out except the daily, it's fucking crazy, it's going to dump so fucking hard

>>54542583
>>54542617
>Stocks and BTC
Disproven in 2021 anyone saying otherwise is either a newfaggot, midwit or some richfaggot who doesn't understand how crypto works.

>>54542583
Stoch Chads always win

>>54542642
>stocks
is this bait?

>>54542642
>stocks
Who is talking about stocks you fucking nigger?

>>54542583
I have no idea what this means, and at this point ~~I'm too afraid to ask~~ I don't care.

>>54542583
>>54542617
>>54542773
Explain this to me. Keep in mind I'm retarded

>>54542792
It's very very very simple. The Stoch RSI is a visual/graphical representation/illustration of the current state of the market at any moment -- it shows whether the market wants to mostly buy or mostly sell. And right now BTC is "over bought" to an insane level. In other words the market is basically done buying. It means the market will mostly (there will always be some buyers in any situation of course) sell soon, in other words most of the market will shift from buying to selling, which will cause the price to fall (what we call a dump).

That is on the weekly and lower timeframes. On the monthly timeframe the market remains mostly in buy-mode.

So in other words you can expect a very big dump soon or a series of smaller dumps (however we can't tell how low the price will fall, that's impossible to know). And then after that, after the dumping is done, then a new rally will start.

>>54542934
thanks chatgpt, should i buy VIX calls?

>>54542945
>thanks chatgpt
NIGGER NIGGER NIGGER NIGGER NIGGER NIGGER KILL JEWISH BABIES KILL JEWISH BABIES KILL JEWISH BABIES

>>54542934
Isn't this what always happens? It always dumps after reaching a new milestone but we're still 2x from last years bottom. Seems like nothing to panic about.

>>54542583

Fuck you meme lines. Just bought more.

>>54542959
>plebbitspacing
Enjoy your fresh bags.

>>54542583
show short or gtfo nigger

>>54542583
I'm gonna sneed you to look at 2019 for me, we pump and then slow bleed for 6 months. Lower your tone.

OP is telling the truth. I just looked. Pump's over.

>>54542583
ahahaha how much money did you lose shorting the bottom in late november?
what a faggot

>>54544123
>"BTC isn't about to dump!"
post longs

we're DUMPING to 26k!!! OMGGG??!?!?!

>>54542953
uhh, is this some 5D backup plan that they wrote into chatgpt

>>54544431
Way lower.

zoom out

inb4 stoch goes down and price crabs upwards

This faggot >>54544132 is tweaking his Stoch RSI settings to show him the result he wants, hence his charts are meaningless. He was exposed earlier, see: >>54538534 >>54538677

This faggot >>54544735 is tweaking his Stoch RSI settings to show him the result he wants, hence his charts are meaningless. He was exposed earlier, see: >>54538534 >>54538677

>>54542934
Maybe the “new rally” that is expected to start after the expected price crash is being front run and we avoid a dump

>>54544751
cope bobonigger

>>54542583
Dude idk how to read Stochies. I got 10 sma, 50 sma, RSI, and the MACD

>>54542583
What is stoch rsi?

>>54544735
>>54544759
>posts the very same backfitted chart again over and over in every thread that threatens his personal narrative
Everyone can see the "8 5 3 3 25 75" in your pics, clear as day. You think people don't see it? They do. Instead of using the standard settings which the global market uses, you're using your own personal settings which changes how the chart looks. Nobody else on the planet is trading BTCUSD based on your personal settings.

>>54544802
It stands for Stochastic Relative Strength Index. This is a good explanation of what it is: >>54542934

>>54544856
How is it different from regular rsi

>>54544829
standard settings failed to signal the top
kys kike
the global market does not use tradingview's default stoch rsi