To compare 2014 & 2018 is not easy: all the spikes, riddles, mountains, rockets, gates, pinnacles etc look alike! So I have been wrong with pointing to a point in the graph which I thought resembled the most.
But after the drop of tonight I have to scratch my head: what the f... This isn't right. End of the comparison.
Well no, by zooming out and scrolling back for 10 minutes (pfff) in the 15minute graph to 2014, I start to believe I have been to hasty and have chosen a point to far in the graph.
So RECAP! :
I do think now, we are at the point accented with the brown circle. I only can be sure when it is going up, within a few hours, back to ~7800. If so, then I think we are on the right spot!
That also means it's going not that fast and the highest point (for a long time!) will only be reached around wednesday. And that will be only ~8800 or so.
After that we will go down in steps to 4000. (because the graph now has sunken again 500 points it will be sure around 4000 I guess!)
Comment
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lower then 7500, thus not 7800 but loewr and so not 7200 but lower! well....and a spike to below 7000..... so far so....
IMHO the fractals should look more similar. It was working when you had more similar comparisons. This week they are not really obvious, and maybe that's why it's not working properly...
cryptopaatje
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@alansoft, if they were very similiar, then it would be THAT clear that everyone was getting rich out of it.
Ofcourse it's different: two different years, different mentality, different traders, different people, more computers,bots etc etc.
I wished it would be easier, but we have to do with this. And.........were else can you TRY to follow the movement of the BTCprice as we are trying to do here: day by day, somtimes hour by hour! A great opportonity, with it's manco's, yes.
But 70-80% good guess is A LOT!
Happy trading and good luck with that!
CryptoGraffer
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Hi, can you please explain the theory behind JOES fractal and where you learned about this? Thank!
cryptopaatje
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@CryptoGraffer, hi, no theory....just found it and saw everywhere the fractal appear. read more at cryptopaatje (dot) wordpress (dot) com. I learned about it by discovering it myself!