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Patternrecognition

Just trying to connect the dots... but it always could be..At these times, we are all vulnerable to the unexpected edges of the market. We are attached to an idea, a market, a coin... and we know the potential, but the graph is eventually the reality. I show you just what I think, find, research myself and find remarkable enough as patterns to predict movements in the future. It is definitely hard, but just see it as an alternative view on things, through my eyes only... as I try not to be influenced to much by others, but actually... we are always, even unconscious ! In this case it looks if we see the up and downturns that we could make momentum for a break-out, but on the other side the symmetrical triangle is missing if we compare with the last bullrun. In this case we could have made a bottom... or not ! Then a cup is definitely likely and we could be halfway... though, in very volatile or extreme coins, we see often repeated bullruns, quite comparable with Verge, Doge, even a coin like XPD.... this means that anything can be expected in this stadium... Just to consider the EMA's... they are all lined up perfectly... in the wrong order ! which isn't very bullish... the 21 EMA should be on top and the 200 on the bottom of-course... if we look for a smooth transition.. though it can all come in an instance... or not? We don't know the future... we can only do our best... and do research! thanks for the time reading. PS: Damn... forgot to complete the numbers in red... but you can guess what the numbers are right... and it is the log scale...
BITSTAMP:XRPUSD
by Wolverinos
2
BTC accumulation progress, big play !Do you see it? The wealthy are buying bitcoin with every possible dip... this is a pattern which occurs in a trendreversal before a bullrun. I am lighlty panicking with my alt positions as well, but I still do have about 25% present... And when it is confirmed I go in with leverage on the top coins from the moment the first peak occurs. The awkward feeling is a good thing, and I am buying with every dip low cap alts. Possibly there will be 1 major dip, which will be bought within the hour, perhaps when volume goes through the roof.. you have 1 chance of catching a falling knife ! And then you know it is for real... How do you feel? Quite unsure? Good ! PS: The chart on the left is now, the chart on the right was before the bullrun last quarter 2017
BITSTAMP:BTCUSDLong
by Wolverinos
2
Possible predictions as milestones in the near futureFIRST OF ALL: LOOK AT THE NEXT SNAPSHOT, AS THE CHART CAME OUT UNPROPORTIONED AFTER PUBLISHING AND MY CROSSING POINTS ARE NOT CORRECT BECAUSE OF THAT (OR, YOU CAN STRETCH THE CHART JUST A LITTLE BIT BY SLIDING THE MOUSE UPWARDS ON THE PRICE AXIS ON THE RIGHT...UNTIL THE CROSSING POINTS ARE IN THE MIDDLE OF THE YELLOW CIRCLES... DON'T TOUCH THE TIME AXIS AND DON'T ZOOM, JUST LOOK AT IT !) BECAUSE OTHERWISE THE PARABOLES WILL NOT LINE UP WITH THE POSITIONS I INTENDED. It might look or sound weird or supersticious and it looks like an astrological chart, but anyways... This time I used 5 different parabolas and drew, repositioned them over and over, and after an hour or 2... AFTER.. with no intention initially, I looked at patterns and detected by accident the remarkable crossings of the parabolas. I tried to find a pattern which could predict the near future. Of-course it is only with the history available, so don't take it too seriously (otherwise we could all predict the future) Though I found 3 remarkable crossing points. It are no moving or exponential moving averages, but just parabolic movements which connect multiple points and create some kind of pattern. It is the weekly chart, so the dates I will be mentioning are not exact, so could be about 3-4 days max. off-set. ( I didn't look up the exact date) All gathered data is after the all time high. At Jan 1, there is a lower high, and right after the market turns bearish; this is the exact crossing point of 2 parabolas At Febr 5, there is a lower low, and right after the market turns bullish; this is the exact crossing point of 2 parabolas At May 21... there is nothing :-) the only thing I can find that it was the exact same price as now... and this should be a support level ! maybe this should have been something more... who knows At June 18, we had the LOWEST LOW ! and after the market turns bullish again !! NOW... what you're all waiting for if ... you have some room left in your head for some potential 'hocus pocus' ... what will the future bring? AUG 27 : CROSSING POINT OF 2 PARABOLAS (this is also the crossing point of 2 major trendlines (ascending and descending) which I drew somewhere in previous chart SEPT 17 : CROSSING POINT OF 3 PARABOLAS ! this could be reversal point? OCT 1: CROSSING POINT OF 3 PARABOLAS ! I have no idea what will happen then... One more thing... what is remarkable that I don't have any crossing point between June 18 and now... maybe we're still in a bear market, but it looks kinda strange as aug 27 is the next crossing point and at the same time a crossing of 2 major trendlines at the level of 7800 usd ! I have a feeling we will get to that level again in the next couple of weeks... But... we never know of-course... to me a drop under the 6800 usd level, is passed the 61.8 % retrace and looks kinda bearish to me... but.. there must be an upside at some time and we should break above the large falling wedge one time. cya
BITFINEX:BTCUSD
by Wolverinos
BTC UPDATE with CLEAR PATTERNSBTC in bullish mode, as I told earlier the descending parallel is broken en swapped for the ascending (purple) parallel... I left some overhead resistances out, as it may look too busy, but there are idd. some obstacles to overcome... Waves are shortening, but the path remains the same... the ascending parallel is for me the most convenient way to draw the Elliott waves. It is very difficult right now to determine whether this is a first, thirth or subwave etc. there are different approaches, until we see the end of the upwards movement, we can go back in time to mark the waves and settle it correctly... nevertheless we should go all the way back in time to really define the right path... and I even don't have that info... 2009, right, when Bitcoin was born...
BITSTAMP:BTCUSD
by Wolverinos