jokercvb

jokercvb

SPY riding up the various Fib rings, trying to better predict the next drop

jokercvb

My guess based on fibs on when SPY will decline

jokercvb

seems like everytime ring hits, price dumps

jokercvb

applied FIB time timelines to log BTC price action and saw that price rose again after the "2"line

jokercvb

trying out log lines with BTC

jokercvb

rising wedge of tightening candlesticks on daily, to collide with 200 MA and go down near or right after fib circle. This my guess anyway I use Fib horizontal pattern for long term (since 2009) , followed by short-term FIB circle of recent decline

jokercvb

if we break the dashed support line at 238, game over

jokercvb

I applied horizontal fib channel over the fib circles to see if any patterns exist. but still invesigating.

jokercvb Updated 

I was looking at Fib circles and there appears to be a dump at the "1" Fib ring line when plotting from highest point to lowest point. not sure if this has any predictive value. but the 2017 pump until the 2018 dump was about 13 months to reach the 1 Fib circle, same for the 2nd Fib cirlce. the third took place a little over month (perhaps that dump was...

jokercvb

Playing around with Fibs and copying fractals, my guesstimate if we hit apocalyptic market conditions this year . will see if I did this correctly

jokercvb

trying to predict the next price moves of SPY using fib cirlce and copying of fractal patterns. will see if it actually works

jokercvb

I am speculating that BTC will fall in next few weeks due to rising wedge pattern and tightening of the candlestick patterns

jokercvb Updated 

I think I am redoing similar work, but I see symmetrical triangle (yellow) for a bullish overall next year, but descending in the medium term indication bearishness after halvening

jokercvb

My first TA of BTC. looks like were in a overall bearish channel with oscillations. but I see a rising wedge formation which could indicate a bearish reversal and price could stay within the channel. but just my opinion and not financial advice. Im a newb