SHITTA: Seriously, no joke. The weekly is fucked...Been awhile, hope you made money off my counter trade advice.
HOWEVER! No need to counter trade me this time. Look at the history of the Stochastic RSI weekly..
It hasn't been this high since... The literal top...
If you are long here, you are jumping the gun. Now I am getting bullish.
When this weekly stoch go oversold, that's me going long.
Almost about time to say ggwp.
ONE INDICATOR TO RULE THEM ALL
Shitta
SHIT TA: Yeah boiiiiiiiHow can you be bullish on this still?! (short term, duh..)
Seriously, we have just entered into lowest fib level, we gun retest that bottom, I bet my left nut... The RSI is just itching to go heavily oversold!
YOU REALLY THINK THAT BOTTOM WILL HOLD!? I don't think so..
We honestly need a very sharp sudden drop to 2500 followed by a huge sharp green candle back to 3000-3200.
Then and only then will the bottom be in. Look for the final knife downwards followed by huge bounce boi.
COUNTER TRADE ME, I DARE YOU. GO LONG BRAHHHH! *not investment advice yehyehyeh*
SHIT TA: Bart is ded to me..When in doubt, zoom out!HEY GUYS,
So for those who listened to me and counter traded me, well done. Although not much has happened to be honest..
SO Bart didn't rock up with his wonky head, no matter. We'll zoom out and just go with something a little more traditional.
BEAR PENNANT!
Literally all there is to it: Volume declining, bear pennant formation, RSI moving towards historic resistance zone and we are midgets..
The way I see this playing out is that we will stay slightly bullish until the RSI hits that resistance line and then we break down. In tears.
There is still room on the stochastic RSI for this to play out in a short term upwards trend, so that's comforting in a way..
We could just drop down to 3000 but I don't think the market is feeling that forgiving. People literally think we are at the bottom, no better way to anger them but to crash more.
NOW HERE'S YOU ONCE IN A LIFETIME OPPORTUNITY! I am known for my SHIT TA *not really, I wish*, but now is the perfect time for a counter trade. GET ON IT!
I AM STILL SHORT, but kind 4.8ft now.. still short. For now.. ;)
SHIT TA: Bart has a wonky head now.So this is the best possible time to counter trade me, throw those longs down because you will not believe what has happened to Barts face.
The right side of his head will now feature some serious sideways action. Taking a look at recent times the RSI has dropped this low, it didnt do it just once, but three times in a row.
Will that happen again? psshhhhh of course, I told you this is the best time to counter trade and make some bank.
Im still SHORT, but still 4ft. Still pretty short though. (Also, lack of volume is now our best friend. )