Throughout BTC's history, two monthly Heiken Ashi green candles have been followed by a red candle only three times. Two monthly Heiken Ashi green candles have been followed by a green candle six times, in BTC's history. There is twice the odds that next month's BTC candle is green. Couple that with other analysis that I have done in the past and next month being is high probability.
Remember, people are McD Burger's secret ingredient. Don't be a burger!
If it does happen a fourth time though, all those trend lines are rekt...
nagihatoum
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@RobBiddle, the trendlines in the idea are for amusement, they might work they might not, the gist of this idea is the probability of next monthly heiken ashi candle being green is greater than being red. Did you like the burger joke?
RobBiddle
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@nagihatoum, I did! Shamrock Shakes are Soylent Green :-D
Haha very funny :D and yes shorters get rekt in these areas. You dont really think they put people in their burgers do you :o , surely they are talking about their staff ?
nagihatoum
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@dRends35, of course, it is an exaggerated joke. The idea that the rekt will end up working for Mcdonalds but the twist that they be cannibalised, a play on the slogan in the picture. And with the downturn in the economy and crypto the idea of eating bugs is being pushed which a step away from eating people, as described in the novel soylent green.
alejandro305
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There is absolutely no confluence in this chart
nagihatoum
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@alejandro305, there nothing about confluence in this chart.