Humans are not perfect- Very Basically SOPR (Spent Output Profit Ratio) measures the price bought versus price sold. ( but it's more complex than that )
- Negative SOPR typically means people are selling for a loss. ( red dotted Lines columns )
- Positive SOPR typically means people are selling for a win. ( Blue dotted Lines colums )
- So what we can notice and deduct from this graph ?
- Simply that we are not perfect.
- The Fear and The Greed.
- We scare when the price goes up too much.
- We fear when the price goes down too much.
- Most of the time we sell to early.
- Most of the time we sell when it's time to buy.
"Human being is the fact to be imperfect anyway"
Happy Tr4Ding !
Humanity
selby_exchange - DGTXBTC- Selby Digitex Futures Price Forecast DGTXBTC price/time call
0.000008753
2020-07-28 18:00
0.000016561
2020-08-18 12:00
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
Lyft Will Break Past $50 Early 2021 - Conscientious StockHear me out here... Lyft is actually a more "green" company than Uber, aside from the fact that its brand is also a lot healthier in terms of corporate stewardship/driver care.
Uber is simply trying to replace drivers with robots, and in the long-term, that strategy is not going to do well in the face of competition from companies such as Google & Tesla.
However, in the short-term Lyft is going to continue grabbing more and more of the market. The pricing is fairer, to the point where I've seen it make more sense for my own earnings/time-value to take a Lyft than to take a bus (bus $5 one way, Lyft $6ish one way in this example). Furthermore, individuals who care about the environment will benefit more from using/investing in Lyft because it is a lot more efficient than Uber in terms of Co2 emissions.
Although there are shared rides for Uber, Lyft's biggest attraction is the shared ride (in my eyes). I don't have the research showing me that Lyft uses less carbon to transport people, but I can tell you that Lyft is going Carbon neutral and Uber is not: www.theatlantic.com
If you are looking for a stock to hold for the next decade, with a high chance of risk and an equally high chance of reward, then Lyft is it. Lyft may end up being acquired by a company like Google or Tesla if the chances are right, but I am not certain of that possibility. What I know is that a network of drivers and riders who appreciate low Co2 emissions and low costs is going to be valuable to the companies that are able to automate driving services using robots (if they want to acquire the network and feed it the technology to profit). Robotics can halve the price of a ride-sharing ride, so if it can do that who has the most to lose? Uber who started out as a "luxury service" and is trying its best to break into everything transportation (food, shared rides, etc), while battling scandals and such, or Lyft who started out as a ride-sharing app for the people BEFORE Uber was invented?
"Lyft may be smaller than Uber, but it has been around longer:
The Lyft app launched in 2012 (Uber, originally called UberCab, in 2009), but Lyft started life as a side project for Zimrides, a carpooling service founded in 2007 that leveraged Facebook and students for long-distance ride-sharing back when Uber was just a limousine-shaped gleam in the eye of Canadian co-founder Garrett Camp." - ride.guru
Yes, Google does have Google Maps which would be a perfect place to "inject" a robotic ride-sharing app into. However, the markets run on human emotions as far as robotics goes. Even though the media is doing its best to open our eyes to the future worlds that are possible through technology, a consumer WILL be more likely to trust Lyft even if it is still dependent on drivers because 1. that will ensure that drivers will still make a living before the majority is able to shift into new jobs (which could take upwards to a decade once robotic driving rolls out), than they will be to trust Google (working with the Chinese from time to time, censoring Google on the Chinese side, etc), or to trust Uber (company that wants to put profits above people, drivers, etc, and does not have a good innovative arm to do it regardless of the investment money that they've been given and continue to burn through).
Thoughts? Concerns? Critiques?
selby_exchange - BTCUSD -Timing the Bottom of 2018 Final ChapterWell the $5686 I have been calling for months here on TV is based off of trendlines using extrapolation from the very peak of $19k. when I first started charting 5mo. ago. The pattern showed that once we hit the specific $5686 or below on the 1day chart on GDAX (now Coinbase Pro) we will be open to new ATH's. It's like the pattern needed to hit that low before BTC could go parabolic like it did back at the end of 2017 Why? IDK yet and am working on refining and improving this new system of TA. I think in time as I learn more, this system of extrapolation based on linear regression technical analysis success rate will improve.
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Rebellion=Change=Future
"extrapolator". By definition in Mathematics it is to estimate (a value of a variable outside a known range) from values within a known range by assuming that the estimated value follows logically from the known values. PEACE
selby_exchange - BTCUSD - Timing the Bottom of 2018Humanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity
Coming from here:
So we are here, indicators are so oversold its scary...
And, we are travelling here :) things are looking up 4sure!
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
p.s. if this call works out to be the bottom of 2018 and we do go Bull, you are witnessing a change in the guard on planet earth. Humans will prevail and enjoy the special 9 'Values' listed above.
Rebellion=Change=Future
selby_exchange - BTCUSD - Bottom 2018 - Heikin AshiHumanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity
selby_exchange - BTCUSD - Bottom 2018 - Heikin Ashi
BTCUSD $5686
06-15-2018
BTCUSD $19127
08-22-2018
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
selby_exchange - BTCUSD - Bottom 2018 - BaselineHumanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity
selby_exchange - BTCUSD - Bottom 2018 - Baseline
BTCUSD $5686
06-15-2018
BTCUSD $19127
08-22-2018
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
How to find drop time and price using baselineHow to find drop time and price:
(A B = C) in a triangle based off of the ascending and descending trend lines.
(A) is the intersection of the price and ascending trend line (base ascending trend lineoff of previous bull flag pattern).
Using the location of (A) draw a strait line down to the descending trend line, draw a strait horizontal line and now we have our price level (B).
(D) location finds drop time, draw a strait line down from the intersection of the long term ascending trend line and future (right) side of triangle formation trend line (based off of previous repeating symmetrical down trend lines).
BTCUSD $7948 23:59 UTC 'call'My call on April 17th 2018 of a $9849 short term high and the low of $5680 on the GDAX 1day is still valid from the multiple idea's I have listed here on Tradingview. I am basing the $5680 figure on market sentiment + my unorthodox charting (however it is true speculation on my part at this point).
I have been of the opinion that a hard fall for BTC was imminent so best to be patient, I am not only managing my $$ right now so I need to be extremely fiscally conservative.
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Sittin'... Watchin'... Waitin'... Wishin'...
$7820 at 00:01 UTC today 5/18$7820 at 00:01 UTC today 5/18
My call on April 17th 2018 of a $9849 short term high and the low of $5680 on the GDAX 1day is still valid from the multiple idea's I have listed here on Tradingview. I am basing the $5680 figure on market sentiment + my unorthodox charting (however it is true speculation on my part at this point).
I have been of the opinion that a hard fall for BTC was imminent so I have sat on the sideline from the beginning of May. I think I need more differing opinions right now to help me form a new strategy or patiently wait this one out... It's when I second guess myself I get screwed! so I am trying my best to be patient, I am not only managing my $$ right now so I need to be extremely fiscally conservative.
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Sittin'... Watchin'... Waitin'... Wishin'...
BTC to rally short term astro todd suggests struggles march mayLonger term is up in crypto space. Continued regulatory uncertainty.
We are a shifting humanity. AI influence, the winner will be the strongest AI.
Beware, be within, without is false. Think paradise now.
ty tyler, manifesting humanity's highest good and truth.
creation is humanity soul experience.
BTC Potetial support, but Astro Todd suggest otherPerhaps march and may for astro conjuncts further lows, look for rally now on BTC and crypto.
Regulatory uncertainties will persist in the space. Long term we are headed this way up.
A new reality will manifest for good and peace. Humanity rules creation.
think paradise now!