Bullish breakout from the bearish circular Fibonacci of doom. In my opinion it will move fast to $500 before the end of September (that's within a week).
Bought at $180.
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Sorry I bought at $280, my bad.
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Not moving as expected. I'll stay in this for some more hours, there is still hope. I'll update in 1-2 hours.
(If you plan to sleep now you should sell now, if not then stay updated)
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Not going up as expected...
I really fear this vertical black line (a Fibonacci ring) And I don't like it being approached with pessimism (short term).
It must straighten up within 2-3 hours or I sell...
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I just sold.
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Buy at $224
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Bought at $296
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Broke through Fibonacci ring without further bearish tendencies, so I bought at $296 as I said in the last comment. Added some trend channels believe it or not, to the chart as you can see.
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Steady as we go. Following Fibonacci circle set's smoothly. Me like this.
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Is this magick?
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Was it the leaked trump tax plan that correlated with my OccultMagnetism™ this time and created the rise?
As long as it's not below this trend channel I stay in.
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It broke downwards. I'm staying in anyways because of the upward (bullish) attraction converging trendlines.
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Both Bitcoin and Ethereum just broke a Fibonacci ring in a bull trend (short term)
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It's about to break an outer ring of a Fibonacci circle set. This could result in upcoming price volatility. I still think the price will go higher so I stay invested (based on that the ring is broken when in a bull trend).
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Following a ring of a Fibonacci circle set...
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Possible exit at $355.
It left two Fibonacci circle sets, so I removed them. Cleaned up some converging trend lines . Added the future Fibonacci bearish circle set. Don't worry too much we're in a bullish short term circle set right now. Fat black lines are resistances, these imply that there should be an exit at $355.
For newcomers, these strange lines and circles that I drew tries to present ongoing OccultMagnetism. It can be read about here: occultmagnetism.com
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Time to worry.... This could completely crash the next few days (sure it could go the opposite way). Since I'm such a noob investor I'm not going to sell. You decide what you'll do :)
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I removed my $355 sell order. Ether I crash and burn or the opposite.
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The first man that invented the airplane probably didn't fly that well. The first supersonic airplanes just crash and burn. If I fail at this I will put all my focus into programming this phenomenon instead. In that way I can remove the human subjective factor, the undesirable bottleneck.
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D-day.
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A new chart ! Ethereum / Bitcoin
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Target $530
Remember that I'm a rookie trader that just happens to see patterns. The fact that I see patterns doesn't make me a good trader (yet).
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A mad guess - take it with a huge grain of salt... I think we're heading for $666 in October.
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I moved the small Fibonacci, just ignore that one, it's not interesting anymore...
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Here it is in a cleaner chart:
(remember that I'm a rookie trader)
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I just don't think it will attract there. I think it will land on that spot. Remember that Ethereum's smart contract programming languages are called Serpent and Viper (the 666 reference in the price).
Trade fermée manuellement
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In retrospect, what could be learnt from this is that the price doesn't leave the Fib. circle set VERTICALLY for no reason. And the smallest Fib circle set is the most dominant as long as the attraction point inside of the Fib. circle set hasn't yet affected the price with a large correction in its direction.
If you bought at $180 this means you bought before or on July 31st..... and you are still holding?
You could have sold at $395 (Phi)level made a cool $200 like more then doubled your initial investment and bought back in at the $200 (Phi+1)level.
This is a pretty good indicator you don´t trust your own Magnetic Occult TA.
@atricoz, @Bigby If you bought, be ready to sell withing some hours. It's not moving as expected.
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@LogicalDeduction, really appreciate the follow up, but I was more saying I think it's unlikely to hit $500 by the end of the month.
JeeKang
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dear, although you made a perfect programming, the programming will few wrong price predictions. i want to you keep on posting chart. event though I can not understand it, it like it because of your comments.
UncannyDeduction
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@JeeKang, Thank you. The good thing about programming is that you can easily investigate and distinguish how different finacial instruments depend on eachother. Right now they are independent which is not realistic. It's like adding one extradimension to the analysis.
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You are crazy, no offense. but:
"Since I'm such a noob investor I'm not going to sell. You decide what you'll do :)"
Man, people are following your charts, thinking that you are PRO, because you are applying fibonacci balls on charts, but I see one mistake after another. Please mention that you are beginner and this charts are experiments.
with regards to you "trying"
You could have sold at $395 (Phi)level made a cool $200 like more then doubled your initial investment and bought back in at the $200 (Phi+1)level.
This is a pretty good indicator you don´t trust your own Magnetic Occult TA.