Price Rise Today was ACCURATELY forecast YESTERDAY - now what..
I hate to say I TOLD YOU SO...
Well, I fooled myself this morning....
Woke up and thought, what's with the price rise?
Then I went back to YESTERDAY's CHART
and saw I already predicted this little mini rise...
and wrote a blurb about it ON THE CHART.
And this was NOT a clone detail of the Historical Pattern (Formation A)
How did I derive the short rise?
by considering..
- Trend Lines of Support and Resistance.. that SHOULD interfere with the older pattern
- Upwind regression analysis web page (Dynamic Forecaster for BTC)
- Good news articles about where BTC is heading in June-July to December.
The TA charters who denied this current trend are coming around.
They are UNAPOLOGETICALLY remapping as if they had never been wrong
-- Let me depart some trader WISDOM --
When your TA is wrong and you are day trading..
BEING WRONG IS VERY EXPENSIVE
Well, I fooled myself this morning....
Woke up and thought, what's with the price rise?
Then I went back to YESTERDAY's CHART
and saw I already predicted this little mini rise...
and wrote a blurb about it ON THE CHART.
And this was NOT a clone detail of the Historical Pattern (Formation A)
How did I derive the short rise?
by considering..
- Trend Lines of Support and Resistance.. that SHOULD interfere with the older pattern
- Upwind regression analysis web page (Dynamic Forecaster for BTC)
- Good news articles about where BTC is heading in June-July to December.
The TA charters who denied this current trend are coming around.
They are UNAPOLOGETICALLY remapping as if they had never been wrong
-- Let me depart some trader WISDOM --
When your TA is wrong and you are day trading..
BEING WRONG IS VERY EXPENSIVE
Comment:
This is MORE for NEW Trading View Members
But anyone is welcome to read these words of wisdom
- noticed this week a lot of good TA posts are getting very few THUMBS UP
- some are well known and popular
- some are unknowns, like myself
WHY YOU SHOULD GIVE MORE THUMBS UP.. even though it is work
- If you do NOT like the theorist and what they say, look at the forecast and decide if you LIKE that they were at least accurate (you can always revisit the forecast and THEN add the like)
- If you find someone whose theories are really against your own, but you suspect they could be right in coming days.. damn it, FOLLOW them. When you see their updates and new posts, go back and read them. Why? To prove if they are a waste of your time.. or.. the opposite.. that they are a good challenge to your thinking.. whereas their ideas will HELP YOU GROW
- Add comments to a room if you can a) say something positive or create GOOD conversation b) do this without sounding like a conceited ass c) attract other minds who may not otherwise speak up d) invite commentary so you can consider other ideas and even meet budding theorists you may want to follow in the future
But anyone is welcome to read these words of wisdom
- noticed this week a lot of good TA posts are getting very few THUMBS UP
- some are well known and popular
- some are unknowns, like myself
WHY YOU SHOULD GIVE MORE THUMBS UP.. even though it is work
- If you do NOT like the theorist and what they say, look at the forecast and decide if you LIKE that they were at least accurate (you can always revisit the forecast and THEN add the like)
- If you find someone whose theories are really against your own, but you suspect they could be right in coming days.. damn it, FOLLOW them. When you see their updates and new posts, go back and read them. Why? To prove if they are a waste of your time.. or.. the opposite.. that they are a good challenge to your thinking.. whereas their ideas will HELP YOU GROW
- Add comments to a room if you can a) say something positive or create GOOD conversation b) do this without sounding like a conceited ass c) attract other minds who may not otherwise speak up d) invite commentary so you can consider other ideas and even meet budding theorists you may want to follow in the future
Comment:
Remember that taking your time to give 'likes' helps others FIND the publisher. It's a jungle out there. Your contribution will make it more friendly.
Comment:
A fact about PLAY 00
If you have been reading my previous posts from OTHER DAYS, you know I cannot follow this pattern forever. Sooner or later, it will break... and form something new.
My suspicion as that as we get closer to the bottom of the market.. there will be more deviations between the patterns.
Then when we bounce off the bottom, I will be quiet for a few days, because I have to find other patterns to see if Team Evil is going to re-use an old one... or create something new.
Odds are that they will create something new for the big rise, but also copy segment plays from the past.
This means I will probably be zooming my charts into the 7 day views instead of this zoom out for one year.
If you have been reading my previous posts from OTHER DAYS, you know I cannot follow this pattern forever. Sooner or later, it will break... and form something new.
My suspicion as that as we get closer to the bottom of the market.. there will be more deviations between the patterns.
Then when we bounce off the bottom, I will be quiet for a few days, because I have to find other patterns to see if Team Evil is going to re-use an old one... or create something new.
Odds are that they will create something new for the big rise, but also copy segment plays from the past.
This means I will probably be zooming my charts into the 7 day views instead of this zoom out for one year.
Comment:
PLAY 00
On my other charts I offered alternative plays. I only published one, which was Play 01.
I am so sure about Play 00 (the big fall to low 6k or 5.7k Bitchcoin, that I am not even bothering with other plays UNTIL I SEE VERY STRONG SENTIMENT that would suggest an alternative exists where a bull run could restart.
Surely, I do not see that and if you see that, you should have a better explanation other than a gut feeling you have.
It is not about what I want.. it's about what Team Evil is planning to do. Please do NOT hate me for my forecasts, hate TEAM EVIL. LOL
On my other charts I offered alternative plays. I only published one, which was Play 01.
I am so sure about Play 00 (the big fall to low 6k or 5.7k Bitchcoin, that I am not even bothering with other plays UNTIL I SEE VERY STRONG SENTIMENT that would suggest an alternative exists where a bull run could restart.
Surely, I do not see that and if you see that, you should have a better explanation other than a gut feeling you have.
It is not about what I want.. it's about what Team Evil is planning to do. Please do NOT hate me for my forecasts, hate TEAM EVIL. LOL
Comment:
When I redrew my YEAR graph.. almost NOTHING changed. However, the past 24 hours brought trading up and down within a nice range that allowed profit taking if you surfed these waves.
For the most part, I am HODL on my ETH. Waiting for the final drop to the bottom, where I will buy more and trade often, during the rise, buying and selling on those waves. AT THAT TIME, my charts will be more 'micro' in nature, because I will be watching every movement as if my life depended on it (such is the life of a day trader LOL)
So when is the next big drop?
That's hard to say. I am waiting for FUD to kick in again... some bad news. I am equally sure, that if the market stays at this level, Team Evil will do SOMETHING to push things down.
Remember, a whale drop is not always a good thing. It can cause a rally upwards in the short term if the Bulls get too agitated. Also, at this point in time, whale drops don't make sense, as that it appears the market is holding its breath... waiting for the bottom, so we can all start screaming our way back up again.
For the most part, I am HODL on my ETH. Waiting for the final drop to the bottom, where I will buy more and trade often, during the rise, buying and selling on those waves. AT THAT TIME, my charts will be more 'micro' in nature, because I will be watching every movement as if my life depended on it (such is the life of a day trader LOL)
So when is the next big drop?
That's hard to say. I am waiting for FUD to kick in again... some bad news. I am equally sure, that if the market stays at this level, Team Evil will do SOMETHING to push things down.
Remember, a whale drop is not always a good thing. It can cause a rally upwards in the short term if the Bulls get too agitated. Also, at this point in time, whale drops don't make sense, as that it appears the market is holding its breath... waiting for the bottom, so we can all start screaming our way back up again.
Comment:
Not sure if this means anything...
Past 24 hours, been watching all these popular charters scream how we are heading to 7800 and 8000 Bitchcoin... (which I have gone into their rooms and shown them my chart, in a friendly manner, making a gentleman's bet and then taking all the egg throwing and rotten tomatoes in my direction) and here we are... having just fell a couple hundred points (only about 25 ETH)
Mind you, a wave can pick us back up again... but I think this is the sign that the manipulators are getting impatient again, They want down, and they want it soon.
Past 24 hours, been watching all these popular charters scream how we are heading to 7800 and 8000 Bitchcoin... (which I have gone into their rooms and shown them my chart, in a friendly manner, making a gentleman's bet and then taking all the egg throwing and rotten tomatoes in my direction) and here we are... having just fell a couple hundred points (only about 25 ETH)
Mind you, a wave can pick us back up again... but I think this is the sign that the manipulators are getting impatient again, They want down, and they want it soon.
Comment:
Dynamic FC Weather Report
Cloudy with a chance of meatballs. Acutally, the Dyn FC is about to start a deep incline downward. The price would have to move sideways for a LONG TIME to avoid the big fall.
Hence, I predict a slight decline in prices for Bitchcoin and Ether over the next few hours (warning, the word slight is relative...) and if the Dyn FC keeps pointing down for more than 3 hours, then the NET decline in price from what it is now will get bigger and bigger.
Cloudy with a chance of meatballs. Acutally, the Dyn FC is about to start a deep incline downward. The price would have to move sideways for a LONG TIME to avoid the big fall.
Hence, I predict a slight decline in prices for Bitchcoin and Ether over the next few hours (warning, the word slight is relative...) and if the Dyn FC keeps pointing down for more than 3 hours, then the NET decline in price from what it is now will get bigger and bigger.
Comment:
Crossroads
When I look at the year map.. you can't see any major changes. However, for the past two days, there has been a big Tradingivew debate on where Ether and Bitc is heading.
Camp Bear says we're continuing the fall. Camp Bull says were having a mini revival rally to 7800-8000 Bitc.
At this moment, Ether is hitting it's head against the 575-580 resistance. To my experience, this is like a helium balloon set free inside a giant department store. It will rise, hit the ceiling and bounce against the ceiling a few times. And then like a balloon that loses its helium, it falls back to the ground.
Ether likes to bounce three times.. and it either breaches or it falls. This three count is not written in stone, but it tends to be the norm.
What does that mean for Wild Theory>
Several things. 1) it could be a bull trap 2) it could mean that the Team Evil is taking a break to see what the market feels like 3) and though most unlikely, we are on our way to a market recovery because this rise can ignite renewed interest in a bull rally
Supporting the rise this morning is a Dyn FC pointing upward. TA charters who expect a repeat wave.
Unsupporting: Sentiment is the same as it has been the last few days, institutional investors are absent and the trend is just generally down and people seem to accept that.
When I look at the year map.. you can't see any major changes. However, for the past two days, there has been a big Tradingivew debate on where Ether and Bitc is heading.
Camp Bear says we're continuing the fall. Camp Bull says were having a mini revival rally to 7800-8000 Bitc.
At this moment, Ether is hitting it's head against the 575-580 resistance. To my experience, this is like a helium balloon set free inside a giant department store. It will rise, hit the ceiling and bounce against the ceiling a few times. And then like a balloon that loses its helium, it falls back to the ground.
Ether likes to bounce three times.. and it either breaches or it falls. This three count is not written in stone, but it tends to be the norm.
What does that mean for Wild Theory>
Several things. 1) it could be a bull trap 2) it could mean that the Team Evil is taking a break to see what the market feels like 3) and though most unlikely, we are on our way to a market recovery because this rise can ignite renewed interest in a bull rally
Supporting the rise this morning is a Dyn FC pointing upward. TA charters who expect a repeat wave.
Unsupporting: Sentiment is the same as it has been the last few days, institutional investors are absent and the trend is just generally down and people seem to accept that.
Comment:
The Big Talk Today... a possible Bull run
So far, the creep upward is holding.Every TA charter and their grandma is predicting a new bull run and already there is talk about a run to 10k.
But it is merely holding and has NOT crossed the critical 7800 and then 8000 price points.
The Dyn FC is pointing upward. The conditions are prime for the run, so says everyone else. ETH did surpass 580.. by barely a notch.. and THAT still is not a green light clearance. (Clearance would be one standard deviation or about 590)
As much as I want that a bull run to happen (and if it does, getting back to 9500 would make me happy) ... I am still very weary of WHY we have not seen any negative manipulation action.
Is the cat with sharpened claws... merely poised and watching behind the giant vase... conveniently located near the mouse-hole in the wall?
So far, the creep upward is holding.Every TA charter and their grandma is predicting a new bull run and already there is talk about a run to 10k.
But it is merely holding and has NOT crossed the critical 7800 and then 8000 price points.
The Dyn FC is pointing upward. The conditions are prime for the run, so says everyone else. ETH did surpass 580.. by barely a notch.. and THAT still is not a green light clearance. (Clearance would be one standard deviation or about 590)
As much as I want that a bull run to happen (and if it does, getting back to 9500 would make me happy) ... I am still very weary of WHY we have not seen any negative manipulation action.
Is the cat with sharpened claws... merely poised and watching behind the giant vase... conveniently located near the mouse-hole in the wall?
Comment:
A very suspicious pattern on the Dyn FC
www.bitcoinforecast.com/kraken
I can't show you this, you will just have to look.
The Blue forecast line is pointing up.. though its slope is decreasing every hour.
The RED line
if you measure with your eyes, you will see that we fell into a depression area and it looks like it might symmetrically rise again
However, if you follow the red line back into the past
You will see that the bumps and ridges repeat historically in other areas
they are NOT to scale, but similar
If this is a hint of what is to come..
Then we are about to end the movement sideways and something will happen
I still believer our general direction is down in the LONG TERM... but this observation I am pointing out, says a small down turn is coming now.
We will see how this plays out in the coming hours.
www.bitcoinforecast.com/kraken
I can't show you this, you will just have to look.
The Blue forecast line is pointing up.. though its slope is decreasing every hour.
The RED line
if you measure with your eyes, you will see that we fell into a depression area and it looks like it might symmetrically rise again
However, if you follow the red line back into the past
You will see that the bumps and ridges repeat historically in other areas
they are NOT to scale, but similar
If this is a hint of what is to come..
Then we are about to end the movement sideways and something will happen
I still believer our general direction is down in the LONG TERM... but this observation I am pointing out, says a small down turn is coming now.
We will see how this plays out in the coming hours.
Comment:
This is one of those "HOLY BITCHCOIN, Batman!" moments..
If you look at the clock of the last comment update, I said I saw the price of Bitc about to fall.. just by LOOKING at the Dyn FC. And it did, but a full 7555 to 7440.. and still possibly falling.
I often surprise myself because because my methods are NON conventional and NON TA.
And only a handful of people are seeing this because.. well.. I am not popular yet.
To anyone who went long on Bitc this past hour... well the rodeo is not over yet.
If you look at the clock of the last comment update, I said I saw the price of Bitc about to fall.. just by LOOKING at the Dyn FC. And it did, but a full 7555 to 7440.. and still possibly falling.
I often surprise myself because because my methods are NON conventional and NON TA.
And only a handful of people are seeing this because.. well.. I am not popular yet.
To anyone who went long on Bitc this past hour... well the rodeo is not over yet.
Comment:
The price is starting to recover.. but
the Dyn FC is now steeply pointing down. We will probably fall to 7300 Bitc in the short term.. and that's just a guess.
the Dyn FC is now steeply pointing down. We will probably fall to 7300 Bitc in the short term.. and that's just a guess.
Yesterday's chart got 1200+ views but only 20 likes
That chart was 100% accurate on its short term prediciton
So why so few likes?
Speaking as a former psych therapist... here is WHY.
The herd: the general public that buys/sells stocks/crypto
The herd always makes the wrong decisions.
They will buy high and sell low.
Great trading is buy low, sell high.
They do this because they follow everyone else
and usually at the last minute.
In fact, if you take any TA classes, they TEACH YOU THIS.
They use emotion to rule over good judgment.
The same applies to TA and price forecasting.
I am an unknown
It does not matter if I am dead accurate
I don't have a big following, I am using unconventional forecasting
All that matters most to me..
is that I MAKE MONEY DURING MY TRADES
Think about what I am saying, and add likes if you AGREE with this wisdom