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10345586 No.10345586 [Reply] [Original]

If the RSI is lower 20s,(for utility coins like BNB) why does it still keep dumping? doesn't it mean that everyone who would sell already would have

>> No.10345602

>>10345586
Everyone and I mean everyone feels the golden bull coming.

>> No.10345609

Don't worry. We'll 5x before EOY

>> No.10345683

>>10345586
Because the RSI still has room to go to 0

>> No.10345692

>>10345683

yeah senpai... thats called bitconnect. you dont understand how RSI works.
Especailly when you look at historicaly RSI of a particular asset.

>> No.10345766

>>10345692
I don't understand RSI which is why I'm the OP of a thread asking questions about RSI on an Australian boomerang making forum?

Sweetie, the traditional 30 on the RSI means oversold and 70 means overbought only applies to real markets. Not crypto. Your shitcoin will dump into oblivion and the RSI can and will stay at 10 or 5 or 3 if it gets bad enough

>> No.10345796

>>10345766

yeah, thats true. Crypto behaves completely different. lmao, that why anything that hasn't puled a bitconnect has behaved exactly the same as any traditional asset with RSI frames, right?

we only see 10, 5, and 3 on a daily when something exit scams. otherwise, it hovers at 20-40 while slowly bleeding down.

>> No.10345830

>>10345796
Speaking of bitconnect do you think it will recover back to around ~240 a token so I can sell