/biz/ - Business & Finance

>>52649586
Picrel. Fresh screenshot.

NOT HAPPENING
$100K BY 2024.

>>52649615

>>52649615
cringe

>>52649586
BTC needs to hit 17.5k soon if not we’ll dump harder.

>>52650185
Dump confirmed,
You will never see 17k again, and you will never be a women.

Why is life so easy for the Stoch RSI chads? They literally only have to check a chart and short when the chart says so.

>>52649586
>>52650210
So its imminent since days?

>>52644444

>>52649586
dude it literally doesn't matter, it's done nothing but dump for a year straight, what's a little more dumpage at this point. Even normies andd mainstream media have done nothing but talk about recession/depression/inflation/deflation/fagnation for at LEAST 6 months now, even longer on here. The FAG index has almost exclusively been fear/extreme fear for this entire year. We went below previous ATH which means this time it was literally different. Bears have done nothing but gloat and be "euphoric" for months on end. Hell, my dad even came up to me the other day and started talking about how we're about to enter a recession or even depression soon. We've had pink fields multiple times. So what's another dump at this point, it's fucking beyond over and bottom signals are literally not a thing

my buddy who has never owned any crypto and thinks its rat poison has made over 4 million shorting it since January and has made over 1200% return. He refuses to close position until btc hits 7k so he can retire with close to $20 million while still in his early 50s.

>>52650728
>what's a little more dumpage at this point
If it bottoms out at 8k that's a 50% discount on BTC compared to the current price and many alts will be discounted even more than that.

>>52651750
NOOOO, YOU'RE SUPPOSED TO JUST HODDEL FROM THE TOP DOWN TO THE ABSOLUTE BOTTOM!!!

>>52653456
kek

>>52650251
The most powerful indicator. If it can even be called an indicator. It's barely even TA. It's basically just looking at a visual representation of the market's will.

>>52657206
Agreed, I have seen the light and converted to team Stoch. Thank you all, seriously. How do you interpret the very tops and the very bottoms, when Stoch RSI goes haywire, i.e. the "R" in RSI?

>>52649586
check the 1M Stoch RSI

>>52657309
<--- checked

>>52649598
So what do you look for? The crossover? Being out of range? Divergence? Pivot?

>>52657283
It doesn’t mean anything, it’s just a formula, it doesn’t need to be interpreted
>>52657206
>visual representation of the market's will
visual representation of the market's PAST
it’s a lagging indicator

>>52658070
>it’s a lagging indicator
cope, stay poor

>>52649598
K seems to be crossing D upward again tho?

>>52658162
It’s literally the definition
RSI moves AFTER the price moved
If you wanted to do predictions you would use Markov Chains and Kalman Filters, but this thread is propped up by a same flag who watched some zoom zoom yt video and thinks he found the holy grail
How long before you shill some paid group signal to actually make money from stealing them from subscribers?

>>52658221
*samefag
Literally one dude answering to himself while faking interest on the topic
Literally jeet shilling tier samefagging

>>52658070
>it’s just a formula, it doesn’t need to be interpreted
You don't interpret it differently in bear or bull?.

>>52658273
What part of
IT’S A FORMULA
you don’t understand?
Input is price and time frame and you get a representation of the past
That’s it, you are not doing a personal review after reading some book, it’s a lagging indicator, and if it’s above 70 it doesn’t mean it cannot stay there for a while while you short and lose money

>>52658312
>What part of
>IT’S A FORMULA
>you don’t understand?
Fine. Do you find the FORMULA to be more effective in certain market conditions and less effective in others?

>it recovers to before the "RSI dump"
What now stochfags?

LOL of course they all went silent. Their replies are lagging, just like their indicators

>>52649586
it bottomed down weekly tho, faggot
kys