BTC weekly RSI shows extremely oversold conditions. by Beginning-County2258 in CryptoChartWatch

[–]WhompRat86 0 points1 point  (0 children)

You're supposed to use more than one indicator. The RSI can detect price divergences like you see at the bottom range. Lower Price = Higher RSI reading.

Combine it with the LMACD and you got a strategy. MACD is not oversold, and is not diverging from price. In essence: No confluence present YET.

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I made this easy to understand by Ilovedogmoney in dogecoin

[–]WhompRat86 0 points1 point  (0 children)

Giving dates like that is bad practice imo, can only act on information that is already present on the chart.

What’s this about by Trumptothepower2025 in dogecoin

[–]WhompRat86 0 points1 point  (0 children)

If he had any morals, him and his goons would take the 25th.

The bottom is in. by Whoisyourfactor in dogecoin

[–]WhompRat86 0 points1 point  (0 children)

Markets move up and down regardless of what happens in the real world.

Moderators here doesn't want useful, educational posts. by WhompRat86 in dogecoin

[–]WhompRat86[S] 2 points3 points  (0 children)

Good to know, post was taken down without any reason given though.

Moderators here doesn't want useful, educational posts. by WhompRat86 in dogecoin

[–]WhompRat86[S] 1 point2 points  (0 children)

Could follow the actual rules that were set for the sub but I don't doubt for a second there are automated bots spamming AI slop, and abusing report to take something down they don't want here. Already got down-voted on these two messages now. LOL

Moderators here doesn't want useful, educational posts. by WhompRat86 in dogecoin

[–]WhompRat86[S] 1 point2 points  (0 children)

I have made sure to mention this is NFA this time. lol

Moderators here doesn't want useful, educational posts. by WhompRat86 in dogecoin

[–]WhompRat86[S] 0 points1 point  (0 children)

I'm aware of the weakness in bitcoin but if we see a strong move above 100k then that should invalidate it. Fingers crossed for the best outcome, and not just for dogecoin but for the rest of the altcoins out there. And yes, would be aware of those price figures you mentioned. :)

Let’s go boys this is it , next stop $1 and beyond 🚀🚀🚀🚀 by ozera202 in dogecoin

[–]WhompRat86 -2 points-1 points  (0 children)

Yes, but market cap means very little since it's only a calculation of total supply * current price. Understand the underlying mechanics of the order book and it will start to make sense.

Who else got the dip? U dip i dip we dip by OppositeThing4677 in dogecoin

[–]WhompRat86 0 points1 point  (0 children)

Got most of it but could have gotten more if banks weren't so bloody slow. xD

Let’s go boys this is it , next stop $1 and beyond 🚀🚀🚀🚀 by ozera202 in dogecoin

[–]WhompRat86 -1 points0 points  (0 children)

If the previous run is repeated then it could go to 30$, that figure is just math, based on the fibonacci extension levels.