Hello Friends,
Here is a recent update for FET. I have decided to try my hand at something new and different from my usual TA strategy handbook. As I have noticed in my charts that some of the patterns I have charted had not reached their full potential of the given projected targets, this has been a thorn in my side and I wondered why I had some misses within some of these patterns.
So after much beers, cigs, research, ass time in a chair (remember to stretch) mixed with the reprieve of "GOT" and "UFC" and the usual base instincts. I had come to realise it is because of the fractals found in patterns through the impulses of buyer/sellers, in other words what we have are Elliot Waves that zig zag like a river within a given pattern. It is interesting to look at lhe similarities between the market and the real world that surrounds us and that which is within us.
So if we take a bird's eye picture of a river, we would be able to see the zigzag effect of the river which would look like a squiggly line flowing left and right turning this way and bending that way.Then we would see it come to calmer waters like pools, lakes and finally the ocean yet between each pass into calmer waters the river will rage on towards its next destination, until the river is spent.
Now if we were able to take a snapshot of that same river and put that on a chart, we would see the similarities between the river and the marketplace. We could also compare that back and forth motion to our very lives and the world around us, we have the swings within us, ebb and flow, yin/yang, life/death, reap/sow, black/white, this/that, yes/no, happy/sad, healthy/sick, mad/glad, rich/poor and so on. Nature has the same similarity with the weather (any wonder they call it "Mother Nature"), as does anything under the sun, likewise, this also extends into the active world of human beings which flows deeply into all of our affairs; work/rest, buy/sell, build/tare down, marry/divorce, progress/regress, plant/harvest, fuck it/ fuck yah ;) etc... Yes this is black and white thinking but the highs and lows are exactly that, black and white thinking actually has an inbetween phase. It is the getting there from one point to the other, aka cause and effect. If the ball bounces, it has a high point and a low point (bounce) but also has a big distance between the two. The difference between these two extreme points of interest has a path to follow "shades of grey"; cycles within cycles.
Alrighty then, enough about my ever changing cycle of learning and bla bla bla. So...for further information, check the details on this chart!
Details on the chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Here is a recent update for FET. I have decided to try my hand at something new and different from my usual TA strategy handbook. As I have noticed in my charts that some of the patterns I have charted had not reached their full potential of the given projected targets, this has been a thorn in my side and I wondered why I had some misses within some of these patterns.
So after much beers, cigs, research, ass time in a chair (remember to stretch) mixed with the reprieve of "GOT" and "UFC" and the usual base instincts. I had come to realise it is because of the fractals found in patterns through the impulses of buyer/sellers, in other words what we have are Elliot Waves that zig zag like a river within a given pattern. It is interesting to look at lhe similarities between the market and the real world that surrounds us and that which is within us.
So if we take a bird's eye picture of a river, we would be able to see the zigzag effect of the river which would look like a squiggly line flowing left and right turning this way and bending that way.Then we would see it come to calmer waters like pools, lakes and finally the ocean yet between each pass into calmer waters the river will rage on towards its next destination, until the river is spent.
Now if we were able to take a snapshot of that same river and put that on a chart, we would see the similarities between the river and the marketplace. We could also compare that back and forth motion to our very lives and the world around us, we have the swings within us, ebb and flow, yin/yang, life/death, reap/sow, black/white, this/that, yes/no, happy/sad, healthy/sick, mad/glad, rich/poor and so on. Nature has the same similarity with the weather (any wonder they call it "Mother Nature"), as does anything under the sun, likewise, this also extends into the active world of human beings which flows deeply into all of our affairs; work/rest, buy/sell, build/tare down, marry/divorce, progress/regress, plant/harvest, fuck it/ fuck yah ;) etc... Yes this is black and white thinking but the highs and lows are exactly that, black and white thinking actually has an inbetween phase. It is the getting there from one point to the other, aka cause and effect. If the ball bounces, it has a high point and a low point (bounce) but also has a big distance between the two. The difference between these two extreme points of interest has a path to follow "shades of grey"; cycles within cycles.
Alrighty then, enough about my ever changing cycle of learning and bla bla bla. So...for further information, check the details on this chart!
Details on the chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
If you find this information helpful, then please hit the like button. Your support is appreciated. Thank you!
CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
Comment:
Sorry this is FET/USDT
Trade closed: stop reached