Geometric Experiment

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
383 7 4
I have plotted some sell points generated from geometric             analysis of BTCUSD             charts done in a CAD program. The next few sell points I have are 143-145 followed by 160-162.
I have plotted them onto the TV platform and have cloned pennants/triangles and trend channels to try determine possible time frames.
kind of impressive.....following to see if it was coincidence
Nice work!
BullFish rbenadon
thanks! I think we will probably have another push in this formation. I think that the candle (12hr/720min), after the initial thrust, will touch just below 145 then back to 136/37 support for a while
Thanks LeMogwai. The analysis I do uses a set of shapes organized in a way which increase in scale (it ends up being a Fibonacci relationship) so the rises will become larger...or bubble :)
Why 160-162 ? 153-155 is more probable if you keep the same pattern, no ?
It's a pretty cool idea !

note : Your chart looks like the start of a bubble :)
MrJozza LeMogwai
We are about to bubble and you know it.
LeMogwai MrJozza
shhh... don't say it too loud, if they hear you they won't sell me their cheap bitcoins :)
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