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11097548 No.11097548 [Reply] [Original]

>> No.11097584

>>11097548
Emotions. If you want to hold because you're dreaming this coin is going to make your rich then sell immediately

>> No.11097673

>>11097584


Half right. Not your emotions but the collective emotions. When everyone is calling the end of a market its usually the beggining of it.

>> No.11097721

>>11097673
>>11097584

That's market sentiment. Althpugh very reliable i am looking for technical indicators from price action. Everyone seems to hate RSI.

>> No.11097861

>>11097721
Moving average for a long time frame like 100 or 200 days. This only works if fundamentals don't change.

>> No.11098394

>>11097861
I got 13 25 100 and 200 with BBs works very well :)

>> No.11098395

>>11097721
RSI isn't bad. CCI is also good though and Bollinger Bands too.

>> No.11098620

>>11098395
Thanks. Gonna replace MACD for it.

Daily reminder TA isnt a meme.

>> No.11098663

>>11097548
RSI with bollinger bands. If you have something that spiked straight out of the upper band and has oversold RSI on the daily chart, that is completely overbought. However, jyst because something us overbought does not mean if will reverse course and drop immediately; it may or it may also continue upwards some more. Take buy and sell volume in to account, reason for pump (just technicals and speculation or reaction to good news), overall trend of the sector, etc.

>> No.11098758

>>11098663
It's hard to talk about individual indicators like this though. TA is just a way to derive some kind of clarity from the chart. I swing trade with primarily five indicators; bollinger bands, CCI, MACD, stochastic RSI, and RSI. If everything agrees on future short term price direction, i consider that a stronger signal than if there is conflict. The only two i use as a closely tied pair is macd and stoch rsi. Macd is a smoother long term indicator but can lag too much for optimal entry/exit. Stoch rsi is better at providing expedient signals but can be twitchy and unreliable on its own, for this reason i use it as an early warning signal for the direction the macd might be headed. I find this pair most reliable on daily and weekly time frames. They get progessively less useful (for me) on 4h or shorter candles.

>> No.11098823
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11098823

LINK

>> No.11098848
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11098848

>he fell for the indicator Jew
not gonna make it if you can't read charts just from price data

>> No.11098867

>>11098758
Swing trades are the best. Day trading can be bad as large chunks can be eaten by fees.

>> No.11098912

>>11098848
These indicators are price action calculated.

>> No.11098921

RSI you fucking mong

>> No.11099076
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11099076

>>11098848
>I don't need indicators haha I can read charts without it, I am so superior
Fucking brainlet

>> No.11099085

>>11097548
RSI?

buy at 30, sell at 70. tada

>> No.11099090

>>11098867
Depends. Day, swing, value long, and dividend focused long are all valid trading strategies when executed properly. It's up to individual to decide what strategy suits their strengths, available capital, risk tolerance, and time commitment.

>> No.11099145
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11099145

>>11099076
if you can't recognize that indicators are mostly a crutch then you're a noob

>> No.11099152

follow the triangles

>> No.11099166

Anybody here trade WTI crude?