I would love to hear your thoughts on this.
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.
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...