DESCENDING DAMPED SINE WAVE for 2018 Q3 & Q4
It is clear that BTC is following a damped sine wave pattern. the damped sine wave is trending downward.
en.wikipedia.org/wiki/Damped_sine_wave
There may be a huge buying oportunity approaching december around $5030 USD.
It is clear that BTC is following a damped sine wave pattern. the damped sine wave is trending downward.
en.wikipedia.org/wiki/Damped_sine_wave
There may be a huge buying oportunity approaching december around $5030 USD.
Note
The local minimum may be as early as mid OCT.Note
2018 a huge cup and handle?Note
I was learning the tools.Note
Interesting in hind sight. Obviously it broke bearish but my estimated price target was pretty close.Note
Price action as a function has been the underlying idea in my TA/Charting. IN a few months time I started hitting my price targets closer and closer.
Contrary to popular opinions and hype I have learned to trust my settings.
All the math I believe has helped. I anticipate better charting next year.
Note
As a programmer I plan to start writing scripts that execute formulas that I use to anticipate price action. This ought to be fun. //!
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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.
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.