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File: 43 KB, 1266x777, 1W Stoch RSI April 4th 2023.png [View same] [iqdb] [saucenao] [google]
54476547 No.54476547 [Reply] [Original]

Not only is it extremely high (99.82 - 96.79 today), but the shape of it is bearish. Supposedly we're in a new bullrun (and the jewish PlanB guy and several promoted/featured permabull shills – "permabull" as in they were posting bullish narratives throughout the bear market – on tradingview are saying now number only go up), yet the 1W Stoch RSI didn't stay at 97-100 as it did during the bullrun in Nov-Dec 2020 & Jan 2021 or during the bullrun in Mar-May 2019. Instead it got promptly knocked down once it touched 100 in January, then climbed back and now it looks double-toppy; a bit similar to the "M" shape over late 2021.

It's of course impossible to make any price predictions (specific numbers) based on the Stoch RSI, but a significant fall in price soon looks certain (which of course doesn't mean it can't test 30k first). If I estimate however (not based on the Stoch RSI) logical price targets: BTC will dump to at least 25k, and if it drops lower than 25k likely will not go sub 19k and likely stop at 20000-19500. However if it goes below 19k then a retest of 15.5k is probable, and if that support fails then 8k looks like the absolute bottom.

And yes, there are several indicators which do indeed indicate we are in a new bullrun. And yes, the 1M Stoch RSI is clearly bullish. However, see what happened to the 1M Stoch RSI in 2015 after BTC had already "bottomed" at 166.5 in January and then bottomed deeper to 162 in August; the 1M remained almost entirely unaffected - only the blue line changed a tiny bit. The same is the case with most other indicators on the 1M which today look bullish; they would not, or would barely, "register" a fast big crash from here followed by a prompt recovery.

If the 1W Stoch RSI however for the first time in it's entire history after having a shape similar to what it has now were to begin to appear to remain at 97-100, that could be very bullish. However as that's never happened (with a shape like this), that's extremely unlikely.

>> No.54476752
File: 75 KB, 782x704, FDKDHGVXsAM7NWI.jpg [View same] [iqdb] [saucenao] [google]
54476752

>> No.54476931

>>54476752
All you have to do is look at the chart. Unless you're low IQ, you know major dumpage is coming.

>> No.54476946

>>54476752
Came here to post this exact meme

>> No.54476954

This is one of these posts where I think

>yeah man, that guy who made that thread is actually spot on, you know what? im selling, im not getting left holding this shit again while it crashes on me

Then I wake up the next day and see Bitcoin has done a 10%+

>> No.54476985

Okay just solded, thanks for the info

>> No.54476990

>>54476931
Cope, you missed the boat faggot thanks for playing

>> No.54476998

>redditor spacing
>is bearish
you're a faggot and overthinking it.
set to pop off.
bullish.

>> No.54477102

The Scott Storch RSI doesn't matter.
If I buy it will dump.
If I sell it will pump.

>> No.54477319
File: 64 KB, 618x597, 1680061200062508.jpg [View same] [iqdb] [saucenao] [google]
54477319

>>54476990
Reminds me of the anons saying the same thing at the top of the bear market rally at $9.5k in 2018 in April and at $8k in July. Usually a sell signal.

>> No.54477324
File: 3.95 MB, 1722x1722, 1677259753862387.png [View same] [iqdb] [saucenao] [google]
54477324

>>54477102
>the one I didn't/missed to buy pump
>the one I buy crabbing/dump
It's like there's godly being prevent me to make it
>the one I sell will pump 50% hours/days later
For fuck sake

>> No.54477493

>>54476547
solid analysis

>> No.54477564

z0mg boys we are DUMPING to 24k!!!! sell E V E R Y T H I N G :0

>> No.54477615

>>54476547
the Stoch RSI is a meme

>> No.54477626

>>54477319
It's going to 35k you will miss this boat too my nigga

>> No.54477682

I lost almost all because of your fucking stoch rsi analyses, FUCK YOU

>> No.54477683

>>54476547
>shit, the 1D Stoch RSI is at the lows
>i'll now instead focus on the 1W, which i conveniently ignored last time
>while also still ignoring the 1M
post shorts bobo, i wanna see you sweat

>> No.54477693
File: 25 KB, 816x756, Untitled.png [View same] [iqdb] [saucenao] [google]
54477693

>>54476998
Nothing plebbitspacey about the OP. Only an actual plebbitor or a very desperate anon makes accusations of plebbitspacing when there isn't any.

>> No.54477698

>>54476547
Now check the weekly stoch rsi from 2019 feb 25 to may 27 you RSIdiot. RSI can't control the whales, the whales control the RSI.

>> No.54477767

>>54476547
Doesnt matter because cz will keep buying with his fake busd (he had 6.5 billion left)

>> No.54478003

>>54476547
the 1 DAY rsi is oversold

>> No.54478054

>>54477683
>ignoring the 1M
Zero reading comprehension. Amazing.
> "the 1D is low so now he's focusing on the 1W"
People have warned you over and over again since late January about the 1W, and you were also warned about the 1W while the 1D was topped in mid March. This is far from the first thread about the 1W. But it (the 1W) is now more bearish-looking than it was previously, hence this thread. And you thinking the 1D and 1M not being topped means the 1W being topped should be ignored and means a dump isn't coming shows you don't understand Stoch RSI at all. The 1D is low and I specifically said it may pump to 30k. Improve your reading comprehension. However many times during severe dumps the price has dumped significantly while the 1D was already very low, so the 1D being low doesn't mean a dump in the near term can't happen.

>>54478003
See above.

>>54477698
>b-but what about early 2019
Another one with zero reading comprehension.
>RSIdiot
Imagine being mad at a mere graphical illustration of the current state of the market, like the indicator is personally out to get you and hurt you.
>RSI can't control
Ah, you're one of those drooling brainlets who think people who use RSI or Stoch RSI (or other indicators for that matter) believe the indicator itself is "causing" something to happen. Newsflash: it doesn't cause or control anything. It's merely an illustration; a graphical representation.

>> No.54478072

>>54476547
>8k looks like the absolute bottom.
Yuo forgot to mention if it breaks 8k then we go straight to 3k, if 3k doesn't resist the pressure we go back to 110 dollars
it's over, I think anons should all sell their bitcoins

>> No.54478098

>>54478072
Sub 8k isn't happening. Even 8k is unlikely from where the price is now, but if it does go below 15.5k then bottoming out between 8k and 10k becomes probable. Sub 8k isn't happening under any situation.

>> No.54478116

>>54478098
>Sub 8k isn't happening.
check the rsi

>> No.54478128

>>54476547
>Yes the 1M is clearly bussin but look at this ONE example where things didn’t work out back in 2015 when my cousin’s cat could move the BTC price
>UHH NO SWEatie DONT LOOK AT THE DOZENS OF EXAMPLES WHERE THE 1W CHART DIDNT WORK OUT

>> No.54478146
File: 44 KB, 600x375, IMG_1201.jpg [View same] [iqdb] [saucenao] [google]
54478146

>>54476931

>> No.54478196
File: 39 KB, 255x275, 1678805564589313.png [View same] [iqdb] [saucenao] [google]
54478196

>>54476752
Fpbp, extremely based. Bobo are picrel

>> No.54479027

>>54478054
>People have warned you over and over
And they were wrong. Your point?

>> No.54479039
File: 118 KB, 1200x945, btc.jpg [View same] [iqdb] [saucenao] [google]
54479039

>>54476547

>> No.54479056

>>54478054
>it doesn't cause or control anything. It's merely an illustration; a graphical representation.

So it's lagging and can't predict anything. Thank you for the confirmation. Early 2019 is a perfect example.

>> No.54479058

>>54478054
post shorts or you're a larping nigger

>> No.54479174

>>54476547
I don’t use RSI I just use s/r levels go fluent with sentiment.
I wouldn’t be surprised if we pushed higher but I think it will be short lived.
I unironically subscribe to the meme that CZ is supporting price and nearly burned out.
I think we are very close to getting a lot of people who sold the bottom to buy back in. $30k is a line in the sand for a lot of people and I think one massive green dildo would trigger some FOMO especially as permabulls on Twitter would never shut the fuck about it.
Ultimately I think price comes back down. I think it gets ugly and I think a lot of niggers are going to be taking a round trip.
I think we bottom at $14k. Be there or be square

>> No.54479397

>>54477683
Is this the first time you see a Stoch RSI chart with the Daily and Weekly being opposite of each other? The Stoch RSI can be completely bottomed on the Daily while fully topped on the Weekly, which means the price will pump a bit before dumping more than it pumped. This duality always confuses the fuck out of newfags.

>> No.54479462
File: 244 KB, 671x592, rtretretery.png [View same] [iqdb] [saucenao] [google]
54479462

>>54477693
what did u mean by this

>> No.54479556 [DELETED] 

>>54476547
stoch rsi stays up during bull markets

>> No.54479611

Is it really going to dump??? To fucking 8k?

>> No.54479714
File: 2.19 MB, 600x571, 1679205801434373.gif [View same] [iqdb] [saucenao] [google]
54479714

>>54479174
>this time its different

>> No.54480123

>>54479714
>this time it's different
What is?

>> No.54480235 [DELETED] 

>>54476547
Good post anon. Stoch RSI is also my fav indicator and I agree btc has to go down

What do you think will be the btc top?

The US30 index will soon top and fall, so I predict btc will rise until this happens and fall at maybe 30k-33k. Remember theres a gap at 33k that needs to fill

>> No.54480298

You think that's cool? Fading the 1M?

Check the 3M

>> No.54480357

>>54480298
Better ignore the higher time frames since they don't confirm his bearthesis

>> No.54480414

>>54479174
why should we bottom at 14k that halving is closing?

>> No.54480467

Bros, I had a dream where it dumped to 14K. Its been recurring. I don't like those dreams because they're never wrong. Earlier had a dream sequence to buy in at 15k. I am going to sell today because they're never wrong. It makes me sick. This financial system.

>> No.54480494

Same anon here. I also had a similar sequence to buy gold before it mooned to 2k an ounce. I signed up to a site and had gold delivered before it jumped to 2k. Bought some silver and nickel because the jp morgan bag of rocks meme.

>> No.54480642
File: 170 KB, 360x346, 1674087383153257.gif [View same] [iqdb] [saucenao] [google]
54480642

>an anon posts an obviously and clearly massively bearish chart
>this causes seething, and gives him tons of (You)s from nervous longers and topbuying hoddlers
Glorious.

>> No.54480695

>>54477324
hold more and do more research retard
EVERYTHING IS YOUR RESPONSIBILITY. GOD IS NOT PERSONALLY FUCKING YOU OVER, YOOOOOUUUU ARE FUCKING YOURSELF OVER
god this shit pisses me off. even a retard could pull off a few 2x

>> No.54480700
File: 1.53 MB, 544x874, 1672969228033158.webm [View same] [iqdb] [saucenao] [google]
54480700

>>54480414
>why 14k
because! just... just because, okay!? that guy said so, so it is the law and it must happen so quit questioning him!

>> No.54480734

>>54476547
will keep this in mind, as someone out of the loop i thank you
BOOMP

>> No.54481858

>>54480414
I’ll show you my chart when I get home but basically it’s just the bottom support level of a really big range which I extrapolated using a range high and range low on monthly time frame.
It’s very simple but I prefer simple.
If it doesn’t get there I’ll live.

>> No.54481896
File: 80 KB, 1804x804, 123456.png [View same] [iqdb] [saucenao] [google]
54481896

>>54476547

>> No.54482025

>>54476547
Notice how in 2022 the stoch RSI was very low and BTC still dumped. It's not a very good predictor, just another indicator. However I expect a pullback before we break 30k.

>> No.54482064
File: 1.44 MB, 480x480, 1680230205160513.gif [View same] [iqdb] [saucenao] [google]
54482064

>>54476547
>Do opposite of what/biz/ says
Oooo it's going up boys!

>> No.54482083

>>54478098

Bitcoin is going to $800
A lot of people will be in shock when this happens except the 95% of humanity who doesn't give a fuck about crypto and will laugh at Bitcoin fags.

>> No.54482095

>>54479174
Kek. 14k is too low, but I agree with you in spirit. This rally is going to turn out like 2019 and mind fuck a lot of baggies. This is a crab market of the most brutal sort and both mumus and bobos are going to get rekt. I think a pullback to 20k after the next black swan is possible but it will also be brief sort of like the covid crash. Then we moon in 2024/25.

>> No.54482104

>>54482083
>t. nocoiner cuck

>> No.54482175
File: 58 KB, 1012x558, the signal.png [View same] [iqdb] [saucenao] [google]
54482175

>>54479174
>>54482095
14k is unrealistically high if it dumps below the current bottom. Besides, Binance signalled $8200 will be the bottom.

>> No.54482277
File: 568 KB, 936x1407, 1622161479680.png [View same] [iqdb] [saucenao] [google]
54482277

>>54476547
>CME gap at 20k

>> No.54482279

>>54481858
I meant to say I extrapolated using a range high and mid

>> No.54482318

>>54482175
No it’s not, there’s historical demand there and it would be an area, in theory, which would be used to front run all the sidelined money waiting for 12k

>> No.54482325

>>54476547
technical indicators only work when there is no narrative

>> No.54482721

braaaap

>> No.54482851
File: 127 KB, 1562x878, BTCUSD_2023-04-05_18-04-43.png [View same] [iqdb] [saucenao] [google]
54482851

>>54476547
The stoch RSI reached these levels in Nov. 2020. The price was about $13,700. The stoch RSI went sideways and didn't get a correction until Jan. 2021 when the price was around $37k. We could just as easily go to $60k as to $15k.

brought to you by Pfizer

>> No.54482868

>>54476547
Well I'd just keep following whatever Altcoinist calls next and be as good as if bullrun was as in Corrida rn

>> No.54482901

>>54476752
fpbp

>> No.54483419

>>54482083
Jew bankers are invested in Bitcoin now. Do you really think they would let such a thing happen?

>> No.54484160

>>54482851
>Nov. 2020. $13,700. $37k.

Yes this. I was just looking at this last night (after my wife went to bed and I was done watching lewd moving images of women) trying to see past run ups and how Stoch reacted. I love Stoch RSI, but what the fuck are you supposed to do with that?

Seriously, can anyone make sense of this?

>> No.54484447

>>54476752
fpbp

>> No.54485284

>>54482318
10k-8k has been the bottom target for the last 2 years. Those who didn't say 10k-8k said 20k or 30k. In comparison rarely did anyone say 12k. No idea where you're even getting 12k from. Basically nobody is "waiting for 12k". Either people think 15.5k was the bottom or they think it's going sub 10k. Not 12k. And if the price dumps below 15.5k it's definitely not stopping at 14k, a mere 1.5k lower, as that anon suggested. The support at 15.5k failing would cause mass panic. It's ridiculous to think it would magically stop dumping at 14k.

>> No.54485489
File: 393 KB, 880x880, c7v1y4HX.png [View same] [iqdb] [saucenao] [google]
54485489

>>54477615
>the Stoch RSI is a meme

>> No.54485528

>>54483419
It would be breddy ebin if the jews bought, BTC dumped, and they sold the bottom like normie faggots. Kek

>> No.54485815

>>54485284
12K is about a 85% drop from the top, in line with past bear markets.

>> No.54486030
File: 16 KB, 832x240, 1675831875415144.png [View same] [iqdb] [saucenao] [google]
54486030

>>54485815
69k - 85% = 10.35k
picrel, and 88%, just 3% more than 85, takes it to 8.28k.

>> No.54486155

I noticed a lot of people concerned for me to sell the longer we hold this levels.. fud always comes before pump.

>> No.54487769

>>54476547
There is exactly a 1 year time gap between 69K and 15.5k.
It's been engineered, 15.5k is the bottom.
A pullback will happen soon though, 24K is the target.

>> No.54487790
File: 139 KB, 600x731, A-173211-1566888032-8154.jpg [View same] [iqdb] [saucenao] [google]
54487790

>Scott Storch Repetitive Strain Injury

>> No.54488148
File: 447 KB, 900x900, 1679708924622391806.jpg [View same] [iqdb] [saucenao] [google]
54488148

>>54481896
cstoch+ anon
I kneel

>> No.54488163

>>54476547
>bearish
Somewhat
>1 week tf
Price can literally double before turni g over

>> No.54488360

so you are saying that it could either go up or down from here
thanks, that's insightful

>> No.54488373

>>54488360
Not what he said , reread the thread again

>> No.54488405

>>54488148
rise

>> No.54488483
File: 162 KB, 1807x877, 123456.png [View same] [iqdb] [saucenao] [google]
54488483

>>54488405
I've been using your stuff for weeks
you are a master of art
this is 30m btc with 20m cstoch timeframe

>> No.54488527

>>54488373
done
he said it may go to 30k or not do that
that's really a useful indicator

>> No.54488567

>>54488483
i just stole it from some guy and used preexisting libraries he figured it out not me

>> No.54488588

>>54488567
damn I was hoping it was the anon that posted the pastebins back in november(?)
what's your trading setup?

>> No.54488600

>>54488588
thats me before i fell into a coma just before christmas. glad you like it

>> No.54488636

>>54488600
I can't chart without it, thanks

>> No.54488659

>>54488588
i have layouts a-z and then like 120 research layouts but i use maybe 5 or 6 of them. you can probably improve the cstoch curve if you haven't already, max candles on tradingview is 4999 but iirc the original only goes to the original author's 160, although its more agile with that number

>> No.54488721

>>54488659
I didn't edit much of it, I mostly look at the dynamic zones and hh/hl on cstoch
I have cstoch curve set up for most of my stuff with probabilty distribution histogram but since it goes only 4999 candles back there is not much to change on higher timeframes

>> No.54488731
File: 196 KB, 1806x818, 123456.png [View same] [iqdb] [saucenao] [google]
54488731

>>54488721
i see you're using lin reg, lin reg slope is good too especially on imperceptibly curving lines

>> No.54488747
File: 85 KB, 1130x646, Screen Shot 2023-04-06 at 8.07.50 AM.png [View same] [iqdb] [saucenao] [google]
54488747

>>54485284
This is a very simple chart but whatever, I think simple is good and the more esoteric a chart is the more cope it is.
In any case, all I did was go out onto a monthly time frame because I'm looking for a macro bottom.
I then made a range.
I started by finding the top of the range which I labeled as "A".
You can see its historical resistance turned support turned resistance again at the present moment. This gave me the confirmation it's a valid level.
Next I look for a macro range low which I labeled as "B".
Again, you can see the historical significance on the monthly time frame.
Now that I have my range high and low I look for the mid. If it doesn't line up with anything recent then that's a pretty good indication that my range is incorrect so this is another level of confluence.
To find the mid all I do is take the fib retracement tool and stretch it down from the top to bottom of the range and see where the .5 level lines up.
You can see that the .5 fib level / mid range held as resistance in November then flipped to support so that's a valid level, at least to me.
The dotted lines are quarters or mid levels between the high + mid and mid + low. Basically they're ranges within ranges.
So, based on my chart at least, price has to get through 3 levels of macro support before it gets to where I think a bottom would be.
I'm not saying it's a definite but it's where I would personally be comfortable calling a bottom and going balls deep.
I also don't expect price to get to that exact 13.8 level. I expect it would get front ran so that's why I think low/mid 14s rather than high 13s.

>> No.54488780

>>54488731
>lin reg slope
noted
didn't think about it, adding it to my tv rn
I'll have it for 12/36/144 time frame

>> No.54488790

>>54485815
>>54486030
But you're not factoring in total market capitalization, it has grown enormously since then

>> No.54489063

>>54488731
btw try binary options with 1m cstoch chart
I turned 30$ to 200$ just by trading 15-30 minutes expiry binary options when it touches 1% od 99% but it's too much risk to gamble more, one bad trade and you lose everyting
worth a try tho

>> No.54489119

>>54482083
Just say zero.