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snookerer
9 mai 2019 15:59

Using fib circles I find confluence between 2014 & 2019 for BTC Short

Bitcoin / DollarBitfinex

Description

Notice how all of these fib circles match up so well. Peaks and bottom wicks touch all of these fib rings showing that they are all connected. Using these fib circles i connect and compare both bitcoin bear markets taking into account the current price manipulation pushing up price to liquidate shorts.
Commentaires
aakeelr
Your idea doesn't work and wont work. Half of the circles drawn have no relevance at all. You go to 2015 somewhere and to make it logically right to todays scenario just randomly select a price position. Very absurd.
snookerer
@aakeelr, thanks for your opinion but ill stick with the style of charting that works for me
kebman
@aakeelr, Doesn't look like that to me. The only mistake snookerer made, was assuming where the fractal would continue. But if you view the chart now, in hindsight, you'll see that it (wow) actually played out. I'm just excited to see if it will also predict the end of this humongous bull-flag.
Corn_Reaper
Well well well now doesn't that look familiar lol
Corn_Reaper
I've learnt a thing or 2 from you so thank you for the analysis :)
snookerer
@cryspo, lol I dont mind you recreated some of my work, thats why i released it to the public. I also got inspiration from you. great job on your charting, keep up the good work!
PermaBulltard
kebman
Uh-oh!
kebman
@kebman, It's "over 9000" and soon reaching the brown circle. Don-don-doooon! What will happen when it does???
agent474
Interesting idea, but what do you think about golden cross?
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