THIS IS THE 1D STOCH RSI AS OF RIGHT FUCKING NOW

[Anonymous No.53236583]

When the BTC dump occurs, don't go blaming it on some news or other irrelevant bullshit.

[Anonymous No.53236600]

>>53236583
Your advice falls on deaf ears. 99% of this spacker board already opened 100x leveraged longs in anticipation of le bull run.

[Anonymous No.53236609]

>>53236600
Checked. 100x long opened up now. WAGMI bros, go buy some coins RIGHT FUCKIN NAOOOOOOOOOOOOOOOOOOOOOOO

[Anonymous No.53236623]

New TA just dropped. It's unironically fucking over.

[Anonymous No.53236656]

>>53236583
AAAAAAAAAA IT'S GONNA DUUUUUMP AAAAAAAAAAAAA

[Anonymous No.53236718]

>>53236583
10K nextoooo

[Anonymous No.53236799]

>>53236583
Its so obvious short move up is the only way to go

[Anonymous No.53236801]

>TA is a meme except when it's bearish
also, you don't know how StochRSI works, if the price stays sideways the StochRSI will go down too
>c-cope
Wrong. Just stating facts. I sold at 17500 yesterday (because lmaoing @ you if you still leverage)

[Anonymous No.53236821]

>>53236623
WTF A BBC JUST FLEW INTO MY WIFE

[Anonymous No.53236963]

>>53236583
Stoch RSI been around 100 for all of November and December and we pumped

[Anonymous No.53237081]

>>53236963
Back in late November after going over 90 points, it then took 20 days for it to crawl up to 100 points - and when it finally reached 100 on Dec 14th, it immediately dumped.

In stark contrast, now it's already fully at 100 -- since two days ago. So yeah, time for the dump.

[Anonymous No.53237111]

>>53236583
Its a lagging indicator just like your brain.

[Anonymous No.53237112]

just a quick pump after a long tease are you already blowing your load? financially speaking of course

[Anonymous No.53237123]

quick up and down motion after all that edging the cryptos are about to bust

[Anonymous No.53237152]

see, i've started looking at the charts like a handjob, the price getting teased and jerked around. sexual analysis. if bitcoin was a dick how ready to bust would it be right now. and will the bust be interrupted or allowed to come to full completion with hot gushing price action

[Anonymous No.53237280]

>any second now that 10k btc we've been wailing about is gonna happen!

[Anonymous No.53237406]

>>53237111
> t. seething baggie
holy kek

[Anonymous No.53237426]

>>53237081
>now it's already fully at 100 -- since two days ago. So yeah, time for the dump.
can you tell me why it was 100 on April 27th, 2020 and then we proceeded to pump from 7.7k to 60k?

[Anonymous No.53237449]

>>53237280
place buy orders under 10k and wait a year.

[Anonymous No.53237686]

>>53237426
b-because, it just was! O-ok!? It was m-manipulated!

[Anonymous No.53237701]

>>53237426
Fucking covid?

[Anonymous No.53237722]

>>53237701
>>53237686
Ah so what you're saying is TA is fucking useless

[Anonymous No.53237737]

>>53236583
But I need retrofitted narratives to understand the market...even though the same shit happens every 4 years.

[Anonymous No.53237779]

>>53236583
Reminder that Stoch RSI can correct and has corrected with no downtrend in price.

[Anonymous No.53237786]

>>53237722
No, not all all. But if you want to understand why the market jumped on April 27th, 2020, the covid dump would be a good place to start. Similar things happened in every market in every country.

[Anonymous No.53238078]

>>53237426
The R in RSI stands for Relative. The S for Strength. It's Relative Strength. BTCUSD had been in a sustained rally from $3880 since March 13th up to $7807 on April 27th. The price movements from April 28th to May 7th were, thanks to the three red days during that time (April 30th, May 3rd and May 4th), relative to the preceding price movements much weaker - in other worlds of a lower relative strength. That's of course not unique to a rally; you can find the exact same phenomena during crashes, near the bottom of the Stoch RSI. If the price has gone down a lot in a sustained fashion and there's a few green days near the bottom of the crash, when lets say 95% of the crash is over with, those green days will cause the Stoch RSI to in that moment have less relative downward strength compared to the strength than it had during the 95% of the crash. The price continues to fall the remaining 5% and due to those green days causing the market situation to be relatively less powerful in movement, the Stoch RSI then appears to either flatline or go up. That's why you always trade the Stoch RSI according to the market situation, whether a crash or sell-off is occurring or whether a rally is occurring - how you read the Stoch RSI in bearish market is the opposite of how you read it in a bullish market, it works the same of course but in reverse: most easily illustrated on the larger timeframes (weekly, monthly) where during bear markets it can stay near the bottom (not at 0) for a very long time and the price falls, which naturally doesn't happen in bull markets where on the same timeframes it stays near the top (not at 100) and the price goes up. So you never trade it blindly without taking the market situation into account, especially not on the larger timeframes. But even on smaller timeframes during a bear market, apart from during bullish rallies (yes bear markets have them), the tendency/bias of the Stoch RSI will be downwards, and the reverse in a bull market.

[Anonymous No.53238403]

>>53238078
Thanks for this anon. Been really trying to better understand the relative nature of the tool at extremes.

[Anonymous No.53238520]

>>53238078
So any time it flatlines after a pump then it’s a dump ?

[Anonymous No.53238565]

>>53236963
hes pointing out that its flatlineing

[Anonymous No.53238696]

>>53236583
>I-I-Its gotta dump, it just will OKAY?
You will be liquidated, bobo

[Anonymous No.53239242]

Op is retarded