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/biz/ - Business & Finance

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7178779 No.7178779 [Reply] [Original]

>RSI 33.2...

>> No.7178873
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7178873

IS that GOOD OR BAD

>> No.7178904

>>7178873
its fucking oversold right now

>> No.7178933
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7178933

>>7178904
is that good or bad

>> No.7178938

>>7178873
Its fucking good. The bounce will be Epic!

>> No.7178944

>>7178873
>>7178933
BTC moons every time when RSI goes to 30-35

>> No.7178953

>>7178904
everything is oversold right now. Really hope we bleed out another day so I can dump my entire paycheck into fucking LINK tomorrow.

>> No.7178997

>>71789381
Yeah mate, just like Enron

+50 RSI here we go! Epic, le buy now or never xD ;) =P

>> No.7179037

>>7178953
bought link at 0.19, thinking about to buy more...

>> No.7179059

>>7178873
>>7178933
I'll explain to you newfags

RSI is on a momentum oscillator between 0 and 100. When above 70, the coin is overbought. When below 30, the coin is oversold.

>tl;dr BTC is oversold right now

Expect a hard bounce back once we hit the 8.4k support

>> No.7179083

nice

>>7178779
>>7178873
>>7178904
>>7178944
>>7178953
>>7178997
>>7179037
also check all these green ids

>> No.7179131

>>7179059
>oversold
if nobody wants this piece of shit nobody will buy it. your ris won't matter
simple as that

>> No.7179157

>implying indicators are reliable for bitcoin
it was immensely overbought for months. wont be surprised if its oversold for months too. This is a manipulated market anon

>> No.7179161

>>7179059
youre using 1 oscillator. check the weekly macd (just flipped red) ...i also use another custom RSI and its giving me a sell signal (last buy signal was in 2015). This month also opened red. We're not even close to the bottom.

>> No.7179167
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7179167

only matters if the price is stable nitwit

>> No.7179223

>>7179059
why tradingview rate 33.5 RSI as neutral though

>> No.7179255

>>7179131
>nobody wants this piece of shit
when you got millions to play with in an unregulated wild west market where you can make a killing just by dumping and shorting thus manipulating the market you dont care about a 100$ fee to send 1k btc around

>> No.7179299

The price can continue dropping on bullish divergences starting at even lower RSI. If it breaks through the lower 50d Bollinger its gonna get ugly.

>> No.7179385

>>7178779
Where do I go to check the RSI of bitcoin?

>> No.7179460

RSI is 48.9 in the past 24 hours

>> No.7179513

>>7179255
This.
>Lmao you really think normies are driving the price it's definitely whales and big money manipulating it
>Whales who are manipulating the price give a shit about $100 dollar fees

>> No.7179543

>>7179161
link to your custom rsi script?

>> No.7180051

>>7178953
> puts all his paycheck in a /biz/ meme
A fool and his money are soon parted