[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 70 KB, 1262x1076, 1W Stoch RSI November 13th 2023.png [View same] [iqdb] [saucenao] [google]
56653613 No.56653613 [Reply] [Original]

The BTC pumpage stopped where it did because the market is sentiment has shifted; the market is right now more bearish than bullish (in other words more interested in selling than buying), hence the price stopped rising (note: when there's more selling than buying, the price falls – regardless of your feelings). For now at least. That is why the price isn't higher than it is now (when this was posted).

Picrel is the 1W chart, illustrating the market sentiment on that timeframe. The market still looks bullish on the Monthly; it hasn't even topped yet (not that it has to: the market has demonstrated a big fall on the Monthly can begin from 90-85 points; see 2019). But it's too early to say for sure what will happen with that, whether it's a sort of (the zoomed out chart never repeats exactly) repeat of early 2016 (ultra bullish situation), or whether it's a repeat of ~Aug 2019.

>> No.56653642

>>56653613
Zoom out to 3M SRSI, then blow your fucking brains out you stupid waste of air

>> No.56653654

smart ones know 20k is inevitable , maybe 9.7k even.

>> No.56653661
File: 237 KB, 826x1571, 41AA483B-052D-4CE6-BB09-8F4C5185CEA5.jpg [View same] [iqdb] [saucenao] [google]
56653661

>>56653642
Better still, check the 6M SRSI

>> No.56653682

>>56653642
>>56653661
Lower timeframe RSI plays out first before higher timeframe ones. Now kys retard.

>> No.56653744

zoom out

>> No.56653759

>>56653613
they are scaling in and baiting sellers. simple as

>> No.56653896

>>56653661
Death cross?

>> No.56653939

>>56653682
Oh cool, so check the 4H then.

>> No.56653954

>>56653682
Forgot to add, "kill yourself you flaming faggot".

>> No.56653958

>>56653613
thanks for copying and pasting from an AI

>> No.56653961

>bro just check the adjusted chart that fits my narrative

>> No.56653990

I’m into men

>> No.56654388
File: 7 KB, 241x209, 162357956.jpg [View same] [iqdb] [saucenao] [google]
56654388

>>56653613
Dont worry pal, we're all heading towards a major pump eoy. December is a pump month dude. Grab your VINU bags, you chainlink, your xor. We're all gonna make it

>> No.56654410

>>56653990
Same.
Niggers tongue my anus.

>> No.56654443

Reminder; This retard posted his StochRSI bear vision in January and he kept doubling down for months.

>> No.56654661 [DELETED] 

>>56653642
>anger
As I said:
> "when there's more selling than buying, the price falls – regardless of your feelings"
The key part there, which you missed, being:
>regardless of your feelings

>>56654443
There are many anons using Stoch RSI, and using it correctly, knowing what they're doing – I'm not the only one.
>kept doubling down for months
Ah, you're thinking of the anon who posted about the 1W Stoch RSI on April 13th this year. Yes of course he doubled down for months, since a top-to-bottom movement on the 1W takes many months, he was – of course – correct: the price fell from 31k to 24.8k, a drop of over 6000. The 1W did not fully bottom until September – that's how many months it took. And when it did, he and other Stoch RSI users warned of the BTC pump - and, naturally, the low IQers who were bearish at the time, they seethed at us: >>/biz/thread/S56077668

>> No.56654676

>>56653642
>anger
As I said:
> "when there's more selling than buying, the price falls – regardless of your feelings"
The key part there, which you missed, being:
>regardless of your feelings

>>56654443
There are many anons using Stoch RSI, and using it correctly, knowing what they're doing – I'm not the only one.
>kept doubling down for months
Ah, you're thinking of the anon who posted about the 1W Stoch RSI on April 13th this year. Yes of course he doubled down for months, since a top-to-bottom movement on the 1W takes many months, and he was – of course – correct: the price fell from 31k to 24.8k, a drop of over 6000. The 1W did not fully bottom until September – that's how many months it took. And when it did, he and other Stoch RSI users warned of the BTC pump - and, naturally, the low IQers who were bearish at the time, they seethed at us: >>/biz/thread/S56077668

>> No.56654804

>>56654676
>There are many anons using Stoch RSI
You are the only one with those retarded post titles though.
You've been eating shit all year long.

>> No.56654852

>>56653613
>It could go up or it could go down...it's too early to say for sure...

>> No.56655175

I'll admit, I'm eating popcorn while reading the RSI neckbeard faggots fighting in this thread hahahahahahahahahahahahahahahahahaha

>> No.56655235

7k eoy!

>> No.56655481

>>56653642
fpbp

>> No.56655574

>>56654676
>when there's more selling than buying, the price falls
Every sat that gets sold, gets bought.
Explain to the thread how can there be more selling than buying, Anon.

>> No.56655578

SOMETIMES IT GOES UP
AND SOMETIMES IT GOES DOWN
WE WILL KNOW IT HAS GONE DOWN WHEN THE PRICE IS LOWER THAN ITWAS BEFORE WHEN IT WAS GOING UP

>> No.56655583

woah sentiment went down when price went down... its almost like price drives sentiment....

>> No.56655601

Bitcoin is obviously going to dump at the end of november because it almost always does.
>it's different this time
It's not.
Can't say exact numbers or timeframes but probably a 29-33k range 5 weeks from now. Every anonny is saddy and then we get a daddy raddy pumpy wumpy at the end of december/january.

I bet we run straight to 42k and get rejected at the resistance (conveniently this will occur in mid-feb to mid-march, the same timeframe as 2020 and 2016) back down to 20k, maybe as low as 12k. Anons will cry and scream but that's where you buy and hold because it'll shoot to 60k by July for a mega run to 300-500k.

>> No.56656039

>>56654804
>You are the only one with those retarded post titles
Again, many anons use Stoch RSI. And it's interesting you'd shoot yourself in the foot like that by bringing attention to the post titles, as his post title was entirely different from mine.

>>56655574
>there can't be more selling than buying, because every sat that gets sold, gets bought.
You must be extraordinarily new to crypto. Take a look at any chart and you'll instantly see it doesn't consist of green candles for every day of every week. The price moves around, a lot. When the price goes down, it's because there was more selling than buying. Despite "every sat being bought up". If "every sat gets bought" magically caused the price to not go down, then there would never ever be such a thing as bear markets, crashes, or even dumps.

>> No.56656054

>>56656039
>When the price goes down, it's because there was more selling than buying
Every sat that gets sold, gets bought.
Explain to the thread how can there be more selling than buying, Anon.
We are waiting.

>> No.56656081
File: 252 KB, 2957x1650, 300.jpg [View same] [iqdb] [saucenao] [google]
56656081

the yearly chart says 300k

>> No.56656103
File: 8 KB, 247x247, 1653493782943.jpg [View same] [iqdb] [saucenao] [google]
56656103

>>56656039
Ah yes, almost forgot.
>Just a mere coincidence of the random spam of question marks/exclamation marks at the end of the titles or the formatting of the picture name being the same. I just casually had a random warosu link with so many coincidental things at hand for some reason, too.

>> No.56656175

>>56654676
>he was – of course – correct: the price fell from 31k to 24.8k, a drop of over 6000.
I made a lot of money shorting thanks to that April anon.

>> No.56656278

>>56653613
Because it's time to retrace you fucktard...

People like you are the exit liq to someone else. Time to TP to stables and enter the wealth preserving mode for a month or two,

>> No.56656408
File: 330 KB, 2957x1650, yearly.png [View same] [iqdb] [saucenao] [google]
56656408

>>56656081
>engulfing 1Y bearish candle for the first time in history means it's going to 300k

>> No.56656496

>>56656278

Are you fucking kidding? It's time to spend fucking money we made lol

Best part? I can do it all without paying tax on it. Because I'm no fucking american and I can use cryptmi card so nothing will touch the local financial system and will keep me out of taxable population kek

>> No.56656572

>>56656278
Anon... something tells me OP isn't longing.
You need to work on your English.

>> No.56656666
File: 59 KB, 655x527, 1678183566732540.jpg [View same] [iqdb] [saucenao] [google]
56656666

>>56656103
Their subjects are distinctly different.
OPs subject is a question, a question within quotation marks as it's a question many are now asking themselves. Many people are shocked, confused and scared now. So it's a perfectly appropriate question to use as subject.
Whereas in stark contrast that thread he linked is of a guy using the all-caps "ALERT!!!!!!!!!"-style posting, without any question being asked, ie:
https://archived.moe/biz/search/subject/super%20alert/type/op/
https://archived.moe/biz/search/subject/major%20alert/type/op/

>> No.56656699
File: 71 KB, 410x786, The ''b-b-but that one 1D anon in january!'' narrative.png [View same] [iqdb] [saucenao] [google]
56656699

>>56654443
You again.

>> No.56656816

>>56656081
I'll take your TA seriously when you prove you have serious skin in the game to support it. Show us your massive BTC long position.
>post amateur TA on anonymous platform
>no accountability if (when) wrong
>expect to be taken seriously

>> No.56657069
File: 538 KB, 500x400, dubsguy.png [View same] [iqdb] [saucenao] [google]
56657069

>>56656666
checked

>> No.56657182

>>56653613
>BTC is dumping because the market is bearish.(Bearish is when people sell, and when people sell, the price goes down). Here is the RSI!
I am thinking of creating a collage of screencaps of midwits like you.

>> No.56657216

>>56653958
I was going to say I can't be the only person whose brain imploded from reading his post.

>> No.56657241
File: 153 KB, 729x638, 34534534534.png [View same] [iqdb] [saucenao] [google]
56657241

>>56653613
>"Why did BTC stop pumping at this level!? What's going on!?!?!?"

>> No.56657267
File: 10 KB, 275x766, 93NXNVE.png [View same] [iqdb] [saucenao] [google]
56657267

>>56656699
Me again.
Long or short? Explain why. (Now is when you stop posting)

>> No.56657285

>>56653654
>sub-10k
I'd cum for a year and I'm a permabull

>> No.56657348

>>56656039
Prices move because there's not enough buyers/sellers willing to buy/sell at a given price

>> No.56657379
File: 189 KB, 500x380, 1653502466708.gif [View same] [iqdb] [saucenao] [google]
56657379

>>56656666
>Their subjects are distinctly different.
They aren't, the subject is BTC price and StochRSI.
>conveniently forgetting to talk about the image name formats being the exact same.
Just hop back into your original ID (if you still even have access to it), ranjeesh.

>> No.56657775

>>56657379
> the subject is BTC price and StochRSI.
stoch rsi isn't even mentioned in the subject line of this thread

>> No.56657809

>>56656278
>it's time to retrace you fucktard...
You didn't actually read the full post did you?

>> No.56657843

>>56653613
Because people bought it at $28k not that long ago and when they see it start to fall they're going to take profit while they can.

>> No.56657885
File: 92 KB, 1262x1076, 3.png [View same] [iqdb] [saucenao] [google]
56657885

>>56653613
Agree with your sentiment analysis. Back down to about $30k before upward movement resumes.
Don't miss the opportunity to pick up more when that happens!

>> No.56657906

I don't see anyone posting shorts. Funny that

>> No.56657938

I don't see anyone posting longs. Funny that

>> No.56657950
File: 68 KB, 510x680, 1698223038923855.jpg [View same] [iqdb] [saucenao] [google]
56657950

>>56657885
I love how retail thinks we have to zig-zag our way up to new ATH because they've missed the bottom

>> No.56658098

>>56654804
>>56656103
>>56657379
What are you even crying about? If you sold at 30k and bought back in at 25k you profited. Many people on /biz/ sold at 30k and even 31k back then thanks to all the threads warning about the weekly maxing out in April.

>> No.56659203

>>56657950
Retail waited for $8k when it dropped to $16k, then they waited for sub $20k when it pumped to $30k. Now they're waiting for sub $25k.

>> No.56661134
File: 1.47 MB, 2000x1080, 1678261309445271.png [View same] [iqdb] [saucenao] [google]
56661134

>>56657885
Those who haven't forgotten the basics know how this is going to turn out.
>bearish only

>> No.56661179
File: 120 KB, 610x689, ETF_filling.png [View same] [iqdb] [saucenao] [google]
56661179

If actually read the ETF fillings it is a massive clusterfuck of "but Tether may crash our entire shit" and other facesavings. Also can't wait for "physical ETFs" to lose client's savings. If this shit happens in exchanges, imagine in places where people actually hold massive amounts long term and not just for trading.

>> No.56661676

>>56653613
Another easy victory for Stoch RSI chads.

>> No.56661750

>>56653661
Delicious.

>> No.56661893

>>56661179
All the newfags who don't know that "ETF" news is inherently bearish are just going to have to learn the hard way in the end.

>> No.56662869

>>56653613
Probably the least bearish scenario here, the most bullish one, is a dip below 30k. The most bearish seems like a retest of 15.5k.

>> No.56663275

There might be a small pump or pause in the dumping soon though because the 4H is bottomed.

>> No.56663602

>>56663275
Seems reasonable.

>> No.56665556
File: 1 KB, 222x88, 1W update.png [View same] [iqdb] [saucenao] [google]
56665556

<---- current state

>> No.56667155

>>56663275
That "4H" pump is what we're seeing now.

>> No.56668421

>>56653613
It'll keep breaking out anon, just get a sit, buy and watch, well I'm not shaken given the fact that I bought at 17.5k, yeah a good 2x on my end yes.

As it's primed for 100k, I've chosen to make smarter choices in unsaturated niches I mean GambleFi particularly on Funarcade whose IDO I'm keeping tabs on.

>> No.56668434
File: 1.31 MB, 498x371, imgres(2).gif [View same] [iqdb] [saucenao] [google]
56668434

Crypto is a decentralized(depending on your definition) bank. As an appreciating asset... lol.
Don't get me wrong, when it's $15k, it looks pretty nice but we're edging $40k.
Get real, dude. BTC will endlessly be in flux between $25k-$40k and maybe less as interest waxes and wanes.

>> No.56668734

>>56653613
thanks, chat GPT

>> No.56669087

>>56653613
zoom out. actually dumping

>> No.56670246

gongo down?

>> No.56672215

>>56663275
Called it.
>>56667155
Yep.

>> No.56672246

>>56653613
Slight retracement anon. A good opportunity to buy more . Good more CYMI, Hifi and TWT