jteda

BTC Long Term..

Would you buy this ?
Comment: Inverted BTC. Rather would you sell it ?
Why did you put the numbers where they are for 2018? It seems like you've put them there to fit a narrative rather than TA.
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jteda harpreet06
@harpreet06, i don’t understand what you mean by 2018 ? those are last support levels. clearly done by TA ..
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jteda jteda
@jteda, if you look 5750$, the tip of #1 was first support hit. it’s about to fail. 3650$ is next.
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@jteda, Who said $5750 is the first support hit? In your 2014 version, you use the candle closes as support hits but in 2018, you're using the wick as support hits. If you look at the 1 Week closes, the candle has never closed at $5750 in 2018. The lowest it went was $6145. You can't use wicks for 1 side and not the other, keep it consistent. Your flag isn't consistent either. The whole chart to me does not look consistent, so what's the point of it? The flag shape for 2018 would not be the same anyway, we've hit this 6k mark 3 times now, that flag should have a straight line at the top if you put the point on the candle close as you did in 2014. The volume profile also doesn't match. So I have no clue how you can say its clearly done by TA. If anything, isn't the fact that we keep bouncing off the support remind you of number 5 in 2015? It's also doing the higher lows (or lower highs in this inverted chart)
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