Respect
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).
USDCAD: Short opportunityIf you followed my previous 2 post of USDCAD, you would see I was looking for long opportunity for this pair. Most recent post suggest a short term sell bat, but at the momentum it was moving, the likelihood of it playing out was very low. So I closed out and bought this pair as it reversed up. Now I am expecting this pair to slow down. But anything can happen during Trump speech.
Trade with care.