RealMcafee

BCH massive fractal pennant forming

Long
RealMcafee Updated   
BITTREX:BCCBTC   None
This idea hinges on the notion that each of these little boxes is a self-similar mathematical pattern known as a fractal. Because the "real" world is highly complex and non-linear there are always many secondary effects in physical systems including, I guess, in markets. We see a degeneration of the fractal pattern as it progresses along what could be a pennant and that's why they are not identical copies. This effect is known as feedback in chaos theory and I suppose it applies to market fractals too, although I am not an economist. Like any normal pennant though we should expect an eventual breakout. If it goes up, well I leave it to your imagination. I think there is a hella support at this level, but for anything of this historical magnitude there is risk involved. I don't supply levels as the outcome will be far too chaotic.

I must add that we could just break down. I don't think moving along the support is an option for long.

This idea comes 100 % from yours truly so, if you bother to check my previous analyses I'd guess 50 % accuracy would probably be generous :)
What is an idea though if you can't share it?
Comment:
Guys is you want to start trading alts with your BCH, coinex looks like the place to go:
www.coinex.com/

BCH is the base currency for all trading! Haven't used it yet, the list of alts is still small.
Comment:
Korean exchange KuCoin announce BCH trading pairs:
twitter.com/BTCNewsU...s/953675242588770304

There's something in the wind guys.
Comment:
Edit: that should be Hong Kong not Korea.
Comment:
This stuff just make me feel so good :))

"We're a payment processors in India and are launching BCH support soon with 4500+ merchants"

2018 is lining up to be the year of adoption guys and yeah Blockstream will try and push their Lightning payment scheme, but BCH is at the forefront here!!

twitter.com/mohit_la...s/953958090721853441
Comment:
When the moon is in the Seventh House
And Jupiter aligns with Mars
Then peace will guide the planets
And love will steer the stars

Comment:
...thank god it's fake account.
Comment:
Damn it's true the universe is a giant fractal. One mini pump to order, sir. Let's see how far this one goes.
Comment:
DAMN! So I guess this was a bearish pennant after all xD

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