steveday72

steveday72

I like to take bar patterns and compare them to what has happened before, to try and see where the market is taking us. It's just a manual way of doing what machine-learning algorithms perform. With the abysmal performance of Bitcoin lately I see one of two things: Using traditional analysis, there's a possibility that a very large (around 4 months long) teacup...

steveday72

The above (pink & green) bar patterns are adjusted for height, not time. I believe that we can use the path of previous trends as a roadmap for the near future. By looking for current trends in the past we can get an idea of where we are heading... By comparing the charts of the big crashes in 2000 and 2008/2009, they suggest we are right on the verge of a...

steveday72

I've always had a knack for spotting patterns. This one is surprising though... A pattern bar copied from June 8th-19th has been fitting right in with recent events. The pattern starts a little different, though even there you can see peaks & dips either lining up being mirrored like a reflection. I've been using this technique the past few days to follow...

steveday72 Updated 

First post! I'm a complete newb to trading & analysis, so please point out anything that looks stupid. I've compared this pattern to multiple points in time and they nearly always have this oscillating zig-zag pattern before an uptrend. I looked at several points and traced them and I was suprised to find that where the projected lines of support & resistance...