Following on with the concept of the repeated History, that new traders repeat what happened before, and repeat the same actions we all did when we were learning, and older traders repeat those who had burnt and learnt before us, so we see 'repeated, yet softer' variants.
The Blue Soft line is a copy of the 'lambo' peaks of Dec 2017, It wasn't a perfect match,...
Just overlaid the 2018 lines, over the current position I think it might be in, It's probably out by a few days, so I'll need to shift it, either left or right slightly to match, but it'll never be perfect, just an 'concept' that humans will repeat the same mistakes.
The Light Green line is my Preidiction from March, so I'm glad thats on par, just wish I trusted...
Its just a copy paste of the Jan 2018 peak, overlaid on the current rise, to see if there are any correlations, given that humans typically forget the past and repeat the mistakes.
The lighter Green line was my "high" edge I added a few months back, so I'm kinda surprised how close it was, The Yellow Lines either side are just spread averages, with some of the...
So, Its held true for the last few 'calculations' I've done, The big Purple Dashed Bubble Line below, based on the bubbles peaks and falls from Dec last year, means we've yet to see our low.. but where is everyones confidence?
Are we all spent? Christmas has absorbed alot of funds, people hoped for a pre-christmas boost, but without it, they pulled their funds to...
Son BTC is a larger thought bubble of the market, a lot of little thoughts blending with bigger thoughts, but no real world data to back it up.. So I've been basing all my theories on human emotions with 0 context to profitability.
The thing is.. right now alot of people are selling, based on graphics. Sure there might be a chunk of people who bought 1% of their...
Its curious to me how my last bump line managed to be sitting so close to where the price ended up, especially since it was months ago that I drew those lines. So I read up a bunch more stuff from other publishers, like I do, and correlated the data, and put int some new future predictions, while leaving all my old ones in.
I still don't know what to do with this...
Since my last bouncing ball idea seems to have been to some degree, on track, I thought it might be fun to throw something else out there..
What if?
What if, a whole lotta people are waiting for this to all go crazy this Christmas (I doubt it, I think the burnt few still remember) but what if..
So I grabbed the price now, the lows and highs from last Christmas...
After my last few charts, I was watching the general flow, and saw this interesting pattern.
I've deleted all the crud from my previous TA, but kept in the dotted lines and the grey triangle, (I don't know the proper terms for these yet, sorry) and when I saw the price hit and turn at my green line, I thought.. Hmm, is this another "bounce", so I copy pasted the...
I've started looking at psychological barriers, as there is no dividend from crypto, only the human fears and hopes drive the prices, and bots..
So, from my newb perspective Heres what I have:
The Green Line is the upper moving hopes, the Orange is the Safe conservatives and the Red based on the Doomsayers.
I post this only so I can come back and compare, as...
So, 2nd chart, Slowly I'm figuring out what chart lines look good and where, I'm not going to post my more complex thoughts til I get them more established in my head.
What Are we looking at.. I don't doubt that the Green wedge (triangle) is wishful thinking, I'm probably down 30% in my portfolio doing this "research", if it comes back to 10k, I'll be happy, but...
I've seen a lot of interesting posts, thought I might jump on the bandwagon. Been trading shares since '91, just getting into bitcoin, read everyones posts on here for the last 3 months, so this post is based on my limited understanding, so feel free to correct me.
I saw the "market Bubble" graph and tried to match it to the current situation.. this is my...
