Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
allyouracid
on 02/09/2014, 18:22:02 UTC
For now, chart/vol look great and heavy
To highlight what mimini0147 talking about: https://bitcoinwisdom.com/markets/mintpal/cloakbtc stochrsi on both 15m and 30m indicates about very oversold price.

StochRSI is meaningless for under 4hrs. If you want a good idea of where we're going you should be looking at 12hrs.
... but you do realize that an RSI on a 15min chart is in no way suitable to determine whether an asset is oversold or not, don't you? ^^

Also, a value around 43 is not that oversold.

.edit: misquoted. This is for yourwaytowealth