EZ89
I'm not a trader, I just like logs. It somehow looks like we are trying to bottom here. If yes, we are in for some nice, spiky moves.
I would love to hear your thoughts on this.
edit of previous chart The fractal forms are nice and this description doesn't add much but I need to give one. No financial advice.
These are just lines to demonstrate a pattern. It doesn't say anything about the direction, because the result of this pattern is the combination of several markets and numerous individual decisions. Nevertheless, bots have a tendency to act rationally, hence the fomation of patterns that refelct the optimal mathematical solution. I'm just interested in seeing...
Not financial advice. Support and resistance lines combined with a bearish view. End of September should be better for Btc.
Only for the brave. Zoom in for details.
Wave pattern randomly-but-not-really-randomly applied, starting exactly one year ago. I just try to feel it. And because the pink waves just made a ping, I'm putting my trust in Plan B. Indicated targets are for the coming wave, although I would be very surprised if we actually go to 160K EUR.
These two pings are interesting. It doesn't mean that price won't visit 30+K, but it does mean that BTC's finding it's price structure. Pls zoom out for reference.
Top at 48K EUR: Price was sitting at my top red-striped 'drop' line. I should have sold half of my trading portfolio. I didn't. Instead I made a new chart saying we would go up. That's plain and simple madness. Rotation point A: It passed underneath, which meant downward slope. I should have taken action and sell the remaining half, I didn't. Result: Bags and no...