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.
Comments
capoeira
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kind of impressive.....following to see if it was coincidence
rbenadon
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Nice work!
JustFish
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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
JustFish
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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 :)
LeMogwai
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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
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We are about to bubble and you know it.
LeMogwai
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shhh... don't say it too loud, if they hear you they won't sell me their cheap bitcoins :)