pieisadope

Why popular charters are not healthy for crypto.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello once again, here with another bitcoin analysis. You can also call it a bart analysis because that is exactly whats going on. Many chartists are frustrated with bitcoin right now and see breakouts on smaller time frames that lead no where. Then they predict giant head and shoulder's which have no place on the chart as another wild guess to there fan base. I'm gonna be real with you right now. Chart patterns work only if people all agree it does. I've predicted many breakouts and falls in channels but, I'm not always right. Anyone claiming to be always right should be disregarded as they are too prideful. I've seen many people breakdown when there wrong and you can see it on magicpoopcannon's analysis where he's constantly talking about how he's not wrong instead analyzing the coin. People need to realize that charts are a game between support and resistances. What really matters right now is the bigger picture. Look at these trend lines and get to know them. If one of them successfully is broken then it will tell you where bitcoin is headed. Everyone and there mom are looking at these trend lines to tell where bitcoin is headed. I'm asking you to not follow *TA* gods. Instead analyze the situation yourself with the fundamentals going on and the support and resistances that everyone is looking at. I can guarantee you only then will you become a good trader. That's all for my bitcoin analysis I myself won't be posting another one until these trend lines are broken. You can see they are forced to be broken by April 18th to the 22nd by then I hope our trend will be determined.
The MPC persona is a joke. It's not clear why people take the 'prideful' aspect of the persona so seriously. The breakdown of this overarching triangle coincided perfectly with the breakdown of the bear flag from his most recent analysis. His analysis is pretty on point, if you have followed him long term.

Assuming you are following this triangle, you are also a bear! Congrats.
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