As expected we are getting a good amount of volatility at this level. The best way to trade this is to set up a grid bot. You will risk very little and make gains out of random gains.
the daily candle from yesterday looks very promising
also, we can find a break and retest on the hourly chart
the TP is around the 0.91109 price zone
remember that every trade is random :)
The top was obvious for those who can see. What's going to happen next, is not. From this point on the Bitcoin price is random walk. Bulls and bears alike will give back every bit of profit made over the past year, unless they just stop trading.
My advice: Do not trade, if you value your capital at all. You have been warned.
Popular vote doesn't even matter. Why bother analyzing the result here using your pseudoscience? Last time Hillary won the popular vote, then what? she didn't win the electoral vote. I don't care about the election tbh since I am not from U.S, but it's so painful to see that the data collecting step, which is the foundation of analysis, is done wrong :|
$EHTH will likely go to $40.00 or so long term but is currently sitting at a decent support level so it may very well have a decent bounce from here before continuing downzoooo
I do not really know stocks, there might be opportunities there, but aren't they all correlated anyway?
All the rest thought, nearly everything is crazy lame. What is this? Why? Too large influx of retail traders 50/50 coinflip prevents markets from trending?
There are not even good ranges to trade. What if all these awful retail market participants are making...
By pure chance and zero charting knowledge I knocked this out based on my previous "spoked wheel pattern theory chart",
take no notice, it's entirely unimportant.
Correct date but incorrect assumption. Will be interesting to see if any more of it plays out,
particularly targeted dates.
Please don't rate this chart, it's pure bunkum and folly.
I know nothing.
random thoughts that have nothing to do with bitcoin
Happiness Is A Function Of Looking At The World Rationally
Trust Is Probably More Important Than Anything
Your Values Aren’t Wrong, But They Might Not Always Apply
Doors Open When You Politely Knock
When Everyone’s On Board, It’s Very Fun To Be Part Of The Team (when they have their own agenda it is a...
This is an attempt to predict future price movements.
The trend appears clear. But its an illusion created by aggregating random returns.
This is the random walk.
It can also be an allegory for life.
The chart:
1) Describes the random walk process.
2) Displays an example of a Random Walk
3) Makes a philosophical point that is almost, but not entirely unrelated to trading.
We have created a cheeky little Bearflag right now but most of these patterns have meant nothing for months now. The manipulation is taking it where ever 'they' want it to go.
Let's see if that trend line below holds if we decide to dump further. That is all i can say -
