THE METHOD : A RELIABLE, REPEATING, CONSISTENT CRYPTO PATTERN
I have an archive of screenshots of this, going back years.
After my crypto baptism of fire, using all the money I'd earned from my first international art sale, knowing nothing and choosing leveraged trading for it's potential returns, I initially set out to find the perfect pattern that I thought I sensed when I looked at a financial chart for the first time.. And yes.. To recover my initiation fees also.. I lasted all of 4 hours.. But I was hooked..
This is my ongoing account of what I found and how it all fits together to explain visually and without any "it kinda works" theories.
It's clear as day, and it blows my mind every time I see it.
Will keep posting new ones as they occur. Please note that I'm not on a pattern hunt. I'm only tracking them on the coins I'm interested in at the time..
Currently: BIGTOE
After my crypto baptism of fire, using all the money I'd earned from my first international art sale, knowing nothing and choosing leveraged trading for it's potential returns, I initially set out to find the perfect pattern that I thought I sensed when I looked at a financial chart for the first time.. And yes.. To recover my initiation fees also.. I lasted all of 4 hours.. But I was hooked..
This is my ongoing account of what I found and how it all fits together to explain visually and without any "it kinda works" theories.
It's clear as day, and it blows my mind every time I see it.
Will keep posting new ones as they occur. Please note that I'm not on a pattern hunt. I'm only tracking them on the coins I'm interested in at the time..
Currently: BIGTOE
Comment:
My aim is to prove that markets are not random and to disprove the existing prevalent conventional market theory, including all it's blatant falsehoods and debunking the framework upon which TA's base their lengthy essays.
What I'll show will raise some really thought-provoking questions that relate to everything that is thought to be known about financial markets and that I'm aware will not be well received generally.
Forgive my writing and sometimes monotonous ramble.. I don't claim to have any literary talents, but I've only grown more convinced (or delusional, should someone manage to disprove any of my claims with factual evidence. PS. Just so we're clear, me getting a call or the timing incorrect doesn't disprove what I'm saying. That's my error, not the Method.)
If anyone knows a guy that knows a guy that researches & analyses market movements, please let me know. There are areas to which I don't have the faculties/resources to properly investigate.
Method is a logic-based framework that is built on simplicity, facts and a few (at least in principle, if not in implementation) of the existing elements of Technical Analysis..
Tool stack:
Fibonacci Retracement Tool (Not used how they teach you.)
Indicators:
None
Patterns used:
Double-Top
Double-Bottom
Application:
All cryptos
Any time-scale
Bullish/Bearish trends (inverted), with slight variation in application.
The anatomy of a Double-Top/Bottom.
No clue why it creates this pattern, but it always does.
One sharp side and one rounded side.
What I'll show will raise some really thought-provoking questions that relate to everything that is thought to be known about financial markets and that I'm aware will not be well received generally.
Forgive my writing and sometimes monotonous ramble.. I don't claim to have any literary talents, but I've only grown more convinced (or delusional, should someone manage to disprove any of my claims with factual evidence. PS. Just so we're clear, me getting a call or the timing incorrect doesn't disprove what I'm saying. That's my error, not the Method.)
If anyone knows a guy that knows a guy that researches & analyses market movements, please let me know. There are areas to which I don't have the faculties/resources to properly investigate.
Method is a logic-based framework that is built on simplicity, facts and a few (at least in principle, if not in implementation) of the existing elements of Technical Analysis..
Tool stack:
Fibonacci Retracement Tool (Not used how they teach you.)
Indicators:
None
Patterns used:
Double-Top
Double-Bottom
Application:
All cryptos
Any time-scale
Bullish/Bearish trends (inverted), with slight variation in application.
The anatomy of a Double-Top/Bottom.
No clue why it creates this pattern, but it always does.
One sharp side and one rounded side.
Comment:
Update on BIGTOE realtime monitoring: Bounced as expected.
Comment:
Been a little distracted, so here are some updates.
As illustrated by BIGTOE and in the past 3 or so days by STARL , the same cycle repeats, yes, but it does so at different speeds for various coins.
Thankfully this is not a race.
Accuracy beats speed, timing beats power..
Below is the STARL cycle, which has just completed.
Note the clear double-bottom at the end of it, serving as confirmation, since it's exactly what would be expected to happen, exactly in that spot.
As illustrated by BIGTOE and in the past 3 or so days by STARL , the same cycle repeats, yes, but it does so at different speeds for various coins.
Thankfully this is not a race.
Accuracy beats speed, timing beats power..
Below is the STARL cycle, which has just completed.
Note the clear double-bottom at the end of it, serving as confirmation, since it's exactly what would be expected to happen, exactly in that spot.
Comment:
Really need to come up with a name for this thingy:
Comment:
Comment:
** Note that this is a 1min chart. No difference in accuracy..**