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2023-11: Warosu is now out of extended maintenance.

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57846069 No.57846069 [Reply] [Original]

You were warned about the 4H Stoch RSI: >>57836464

Also, protip, check the MONTHLY.

>> No.57846095

>>57846069
Are you the Stoch tranny from like a year ago?

>> No.57846154

>>57846069
Monthly was maxed out for 7 months last cycle bozo.
Imagine thinking the average of past prices has any bearing on future prices. It actually doesn't make any sense. RSI is not a law of the universe
>nono see it MUST draw down because, because... it just has to ok?!
There's my little hedge fund manager discovering the most basic bitch indicator even their grandmother has heard of

>> No.57846224

>>57846069
*yawns*

>> No.57846354

*adds 'warned' to filters*

>> No.57846446

>>57846069
Oppa Gangnam Style
Gangnam style
Op, op, op, op, oppa Gangnam Style
Gangnam style
Op, op, op, op, oppa Gangnam Style
Erotic sexy lady
Op, op, op, op, oppa Gangnam Style
Erotic sexy lady
Op, op, op, op, on on on on

>> No.57846473

during a bull market dumps are for buying sweetie

total trader death until THE dump which you wont even trade lol, you'll probably flip bullish at the top

>> No.57846477

>>57846154
>Monthly was maxed out for 7 months last cycle
No, it was not. It was high for months, not maxed out. It went down and up from between 98 to ~80 points. Only touched 100-100 one single time and that was in August 2017.

This time it's already at 100-100, and has been since Feb 1st. That is extremely bearish. Also, you are angry which is another bearish indicator.

>> No.57846480

>>57846069
The new thick lines

>> No.57846505

Ok Everyone just relax now...

Now let's practice the AAAAAAAA! face.. stretch them cheek muscles and open wide to take teg BBC like u been practicing

>> No.57846561

>>57846069
Just gotta find a good alt with a low rsi then

>> No.57846713
File: 24 KB, 534x786, monthly maxed.png [View same] [iqdb] [saucenao] [google]
57846713

>>57846154
>>57846477
>This time the Monthly is already at 100-100, and has been since Feb 1st.
And the ONLY other time this has happened before in Bitcoin's history was picrel: the months of February and March 2021, plus a bit into April. After that (the April 14th 64.8k top), BTC gigadumped. We've now been at 100-100 for the same amount of time as back then. So the best case bullish scenario is a pump of a few thousand more (which of course would happen if it were to break ATH). Most likely of course is that it dumps from roughly where it is now. Either way, clearly the top is not far from 69k.

>> No.57846753

>StockRSI!!! :0
basedjak.png

>> No.57846766
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57846766

>>57846477
All depends on the inputs you use, let me guess, you leave it default because you have no intuition about the meaning
Wow look at that RSI high as fuck while bitcoin pulls a 40x
RSI overbought basically the entire run up, and again at 35, sell the buick mom!
What le funny reaction face will you post when it doesn't even fall into neutral and the run continues higher?

>> No.57846882
File: 32 KB, 680x606, theniggasurpsised.jpg [View same] [iqdb] [saucenao] [google]
57846882

Why are y'all so hung up on big coins? people actually invest money they can't afford to lose on purpose knowing the risks?

I just used whataver pocket change i had in my pocket and stuck it into some random memecoin one month and checked later what happened. i had luck with spx this time kek

>> No.57847073

>>57846766
>default
As one should keep it. The default settings is what 99.9999% of the global market uses; so when you use those settings (which are what they are because there's 1440 minutes in a day and 144 and 14 are resonant numbers; months consists of days and a year consists of days) then you're seeing the exact same stuff that 99.9999% of the market uses to trade. You can modify the settings to totally warp how the Stoch RSI graphics looks to show what you personally want to see, but doing so will cause your chart to have zero connection with reality anymore and hence you'll be totally out of touch with the actual market sentiment. Modifying the settings until the indicator shows you what you want to see (whether the indicator is Stoch RSI or whatever) makes the indicator utterly worthless, as nobody but you are seeing that; nobody trades that, and you've effectively created a fantasy-chart which doesn't represent what's actually going on.

You already tried this back in mid April of 2023. You posted backfitted Stoch RSI charts with your personalized custom settings to cause the Stoch RSI to look the way you wanted, to support your personal bullish narrative at that time (because you had bought in at over 30k), to "prove" that BTC wouldn't dump below 30k. That didn't work out for you. It dumped to 24k. You were told already back then, point-blank, that what you were doing was wrong and idiotic, because the market doesn't recognize nor care about your personalized cope-charts based on settings modified to suit your personal bias and wants. You were instantly caught for not using the default numbers, and called out on that, and warned over and over again but you didn't listen. Then you ate shit.

>> No.57847098

>>57846882
Poor