Bitcoin is going to go to zone C.
Updated
Yesterday, I said bitcoin would follow my linear regression and zone patterns; by finding the best 'line of fit' in the data points.
So I found the best line of fit using regression modeling, which gave me my ABCD angles. Then i used these ABCD angles to create my zones.
Yesterday, i highly suspected the trend would stay within my designated zones from D to C; to which it has..
In order for this hypothesis to remain true, we can not stray to far from the purple shaded area AND we must continue the small inverse HS pattern being created right now.
If we fail to stay in the designated zones and have a HS failure, we will most liklely tumble pretty far down again.
If we continue on this quest... And data keeps fitting along my regression model, we will see bitcoin into zone C very soon.
I really have no idea what i am doing.. But it looks like i do! Looks are deceiving..
Thanks for looking,
Glitch420
So I found the best line of fit using regression modeling, which gave me my ABCD angles. Then i used these ABCD angles to create my zones.
Yesterday, i highly suspected the trend would stay within my designated zones from D to C; to which it has..
In order for this hypothesis to remain true, we can not stray to far from the purple shaded area AND we must continue the small inverse HS pattern being created right now.
If we fail to stay in the designated zones and have a HS failure, we will most liklely tumble pretty far down again.
If we continue on this quest... And data keeps fitting along my regression model, we will see bitcoin into zone C very soon.
I really have no idea what i am doing.. But it looks like i do! Looks are deceiving..
Thanks for looking,
Glitch420
Note
Well minutes after i said, this model with fail IF it continue to stray too far away from the shaded purple zone AND fail the inverse HS pattern; that we would tumble very low.. Damn..
Note
We are back into the Purple!I was almost certain H1, was going to fail... You guys can stop playing games now..
Note
Not funny guys... 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.