"Long" Term does not imply "going Long" mind you .. just means .. eh .. like much time ..
Made a nice "Fib", they seem to be important to 'Traders' and 'Anal-ysts®' (not to me, sorry),
I just draw that humbug in here because all my other IDEA's usually have pretty empty charts (see some lines further below .. ).
Just saw an elaborate IDEA about 'stuff' the other day were the author actually thought they explain anything by incorporating "Fibonacci" .. as if it has some magically meaning explaining by mere presence why things happen the way they happen, of course everybody happy about it, not seeing it did not explain ANYTHING, well .. people don´t wanna learn or understand anything truly 🤷. I'm not gonna bother any more.
Overview:
Price seems to like this 0.618 fib thingy, great (I'll bet if we make up more fibs, some of them look important too, 'muh nature laws').
Zooming in some more, we can see pareidolia in the form of a Dandruff-pattern®, which 'played out' very quickly and violently .. messed with a lot of people (whole discussions to be found and had about this one).
Zoom in even more for some more funny Dandruff:
price seems to be stuck at the very important 0.287fib
and EXTREME close-up:
Not gonna bother drawing any more pretty lines and fundicators in here.
'TBH', my trades have nothing to look at but TradingView does not like that (they already killed some of my previous charts because I was trading almost Butt-naked)
What is shown here holds pretty much NO meaning to me or my trades, just drew some of the stuff that most people could/should/would find if they want to Anal-yze® the chart.
Already entered in November but (why sell (some) in Profit when it's more fun to see it return to Break-even, am I right? 😉) .. like with the other stuff .. couldn't be ***ed to make public chart before. But I'm bored .. so .. here is one now.
Chart does have some areas I might Buy or Sell some .. will see 'whence we got there' (👈 'past future tense' / 'futuristic past tense'? ).
I wouldn't trade this if I were you. Nokia does some phone stuff (no I did not mean "phunky" or "phunny" stuff, even though it sounds like it, reading it back) .. like .. 5G etc.
BUT
I am not you .. so I trade it anyway.
IF you were me .. than .. I guess you would be typing this ?
Made a nice "Fib", they seem to be important to 'Traders' and 'Anal-ysts®' (not to me, sorry),
I just draw that humbug in here because all my other IDEA's usually have pretty empty charts (see some lines further below .. ).
Just saw an elaborate IDEA about 'stuff' the other day were the author actually thought they explain anything by incorporating "Fibonacci" .. as if it has some magically meaning explaining by mere presence why things happen the way they happen, of course everybody happy about it, not seeing it did not explain ANYTHING, well .. people don´t wanna learn or understand anything truly 🤷. I'm not gonna bother any more.
Overview:
Price seems to like this 0.618 fib thingy, great (I'll bet if we make up more fibs, some of them look important too, 'muh nature laws').
Zooming in some more, we can see pareidolia in the form of a Dandruff-pattern®, which 'played out' very quickly and violently .. messed with a lot of people (whole discussions to be found and had about this one).
Zoom in even more for some more funny Dandruff:
price seems to be stuck at the very important 0.287fib
and EXTREME close-up:
Not gonna bother drawing any more pretty lines and fundicators in here.
'TBH', my trades have nothing to look at but TradingView does not like that (they already killed some of my previous charts because I was trading almost Butt-naked)
What is shown here holds pretty much NO meaning to me or my trades, just drew some of the stuff that most people could/should/would find if they want to Anal-yze® the chart.
Already entered in November but (why sell (some) in Profit when it's more fun to see it return to Break-even, am I right? 😉) .. like with the other stuff .. couldn't be ***ed to make public chart before. But I'm bored .. so .. here is one now.
Chart does have some areas I might Buy or Sell some .. will see 'whence we got there' (👈 'past future tense' / 'futuristic past tense'? ).
I wouldn't trade this if I were you. Nokia does some phone stuff (no I did not mean "phunky" or "phunny" stuff, even though it sounds like it, reading it back) .. like .. 5G etc.
BUT
I am not you .. so I trade it anyway.
IF you were me .. than .. I guess you would be typing this ?
Trade active
ver long-term all of it
LOG(arithmic)
and a little more near future (weeks/months)
LIN(ear)
could put some fancy 'move about averages' in here or some 'ReallyStupidIndexes' but that would be just a(r)senine
Volume might be interesting .. but .. nah .. not even gonna explain it 😄