Stars are lining up kind of. We got intersecting Fibonacci circle sets combined with intersecting tend channel and fractal attraction point with good support in one single spot.
It's probably just a sudden drop and then it goes up again.
Long term looks great.
It's probably just a sudden drop and then it goes up again.
Long term looks great.
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This one is not obvious to the eye at all. I almost missed it. Something chocking is about to happen maybe. Some major negative news that end up not being so negative after all (when it goes up again).
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Remember that this could be wrong also - my TA is highly experimental, and I'm a rookie.
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11 hours until the critical bearish point is crossed.
The trend still looks bullish so I would be shocked if it actually crashes.
So in 11 hours this idea is probably invalid.
The trend still looks bullish so I would be shocked if it actually crashes.
So in 11 hours this idea is probably invalid.
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But notice how a triangle pattern has been shaped since I created the original idea (9:th of November). With my OccultMagnetism™ pattern analysis I don't see any reason for it to break out upwards. But it's still not showing any visual signs that it got this huge sinking hole beneath itself that could create a crash any moment.
Very mysterious indeed!
Very mysterious indeed!
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Forgive me about being so persistent on EOS, a serious competitor of Ethereum. It simply scales better - and that's basically what a decentralized OS is supposed to do.
What actually could happen is that EOS multiply in price within these 11 hours. This would put it above Ethereum Classic in market cap - and would give mainstream attention to EOS. In hand this would FUD the Ethereum community and the price collapses...
Soon we'll see.
Notice in the EOS chart that it got the same kind of triangle pattern as Ethereum - almost as is they're linked together somehow... :)
What actually could happen is that EOS multiply in price within these 11 hours. This would put it above Ethereum Classic in market cap - and would give mainstream attention to EOS. In hand this would FUD the Ethereum community and the price collapses...
Soon we'll see.
Notice in the EOS chart that it got the same kind of triangle pattern as Ethereum - almost as is they're linked together somehow... :)
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9 hours and 30 min until the sink hole is crossed.
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Lol funny this idea got 1 upvote.
You guys don't like this idea... :)
You guys don't like this idea... :)
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6 hours until sink hole...
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FUD, or money turns to MUD
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Maybe I'm becoming grumpy and old, but I'm still not convinced this triangle pattern will end with a bullish move. Don't get fooled by the AI bot traders fooling the herd.
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EOS just started exploding...
When EOS goes high enough (and it will) FUD will intoxicate the Ethereum community. I will buy Ethereum cheaper prices.
When EOS goes high enough (and it will) FUD will intoxicate the Ethereum community. I will buy Ethereum cheaper prices.
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Do you feel lucky?
Well, do ya, punk? / Dirty Harry
Ethereum is confidently touching the outer ring of the Fib. circle set. Now it can finally prove me wrong and make me look silly - since it right now by the looks of it, is totally clear that Ethereum is going to skyrocket up any moment. Well... I'm still saying that it's going down like a grumpy old man.
Well, do ya, punk? / Dirty Harry
Ethereum is confidently touching the outer ring of the Fib. circle set. Now it can finally prove me wrong and make me look silly - since it right now by the looks of it, is totally clear that Ethereum is going to skyrocket up any moment. Well... I'm still saying that it's going down like a grumpy old man.
Trade closed manually:
My analysis isn't working here it seems. Or maybe I'm being biased. You're on you own on this one... I'm closing this one down.
Order cancelled:
Should be canceled.
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I think the problem is that I don't understand yet how compounded Fibonacci sets affects the price. It's like weak and strong forces in particle physics, they got completely different formulas. Understanding this will take time. And I will fail over and over again. My guess is that a computer program could distinguish the strength of each attraction, depending on the amount of fractal attraction points, the size of the Fibonacci, and some kind of regression analysis giving some kind of variance of how well the price movement has fitted to each Fibonacci circle set so far. Something like that...