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6475561 No.6475561 [Reply] [Original]

>ETH
>Buy when oversold
>Sell when overbought
>Make between 10-30% on every swing
>Never fails

Literally free money with basically 0 effort.

>> No.6475796

>>6475561
How do you tell whether it's overbought/oversold?

>> No.6475834

>>6475796
literally guessing

>> No.6475856

>>6475796
https://www.investopedia.com/terms/r/rsi.asp

>> No.6475884

>>6475834
Inb4 muh TA and cup and handle and tea leaves and flag and pole and Allah showed me

>> No.6475894

>>6475856
thanks anon

>> No.6475908

>>6475796
Listen to your heart

>> No.6475927

>>6475796
RSI I imagine

>> No.6475949
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6475949

>>6475884
>Discrediting TA because you don't understand it.
Sure, a lot of stuff doesn't apply to crypto because of all the normals who buy and sell whenever, but you have to be retarded to think that things like RSI, MACD and Bollinger Bands don't help you trading.

>> No.6475951 [DELETED] 

>>6475561

Yeah that's great and all but if you want to make real money join the best pump group

discord gg/YQqTCqt

>> No.6475976

>>6475951
fuck off pajeet

>> No.6475998

>>6475951
https://sys.4chan.org/biz/imgboard.php?mode=report&no=6475951

Stop shilling your pajeet bagseller reddit chats.

>> No.6476005

>>6475561
OP what do you use for pairs? btc, usdt?

or various crpytos on eth market?

>> No.6476025

>>6475561
So do you sell and buy back into fiat or btc?

>> No.6476089

>>6476005
>>6476025
USDT. Swing trading doesn't work very well with crypto/crypto pairs, because they usually fall and rise together. It's okay thought, because as long you are outpacing the growth of BTC/ETH you are still increasing your positions, which is setting you up for the long run.

>> No.6476106

>>6476089
i see, thanks.

>> No.6476175

>>6475949
b-but they are lagging indicators, Anon. By the time you wait for your tea leaves to line up and the candle to close, given the volatility of the crypto market, it would have already mooned.

better strategy is to understand the psychology of the two main market participants, daytraders and whales, and how they influence the price action in the market and anticipate the next movement while minding risk.

>> No.6476234

>>6476175
So, you're telling me that my success over the last 6 months was pure luck?

>> No.6476280
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6476280

>tfw my money is stuck on the LINK scam

>> No.6476289

>>6476280
sorry for ur losses

>> No.6476383

>>6476234
If you've applied it consistently and made back good for you. Stuff like Bollinger bands have their merit in a sideways market. Just not a proponent of using moving averages, and rsi to base anything. It's impossible to consistently apply them and not make mistakes.

>> No.6476765

>>6475561
ok OP I'll bite, got eth open in trading view with rsi on. What time are you setting for the chart? are you looking at the 1 minute, 2 minute, or what? does this work while eth is falling like today?

>> No.6477407

>>6476765
>does this work while eth is falling like today
yes