Method : Anatomy of a TradeI'm not going to say very much, about this chart simply because this is not the place and anyone that makes even a little effort should be able to understand the story it tell.
I know this technique doesn't exist elsewhere and there's not a more accurate, reliable, simpler or visually convincing alternative. We'll know soon enough if the rest of the story follows the prediction.
When I eventually have the means to, I intend to publish everything I've learnt from this punishment I've inflicted upon myself.. )
Until then.
Lezz
THE METHOD : A RELIABLE, REPEATING, CONSISTENT CRYPTO PATTERN I have an archive of screenshots of this, going back years.
After my crypto baptism of fire, using all the money I'd earned from my first international art sale, knowing nothing and choosing leveraged trading for it's potential returns, I initially set out to find the perfect pattern that I thought I sensed when I looked at a financial chart for the first time.. And yes.. To recover my initiation fees also.. I lasted all of 4 hours.. But I was hooked..
This is my ongoing account of what I found and how it all fits together to explain visually and without any "it kinda works" theories.
It's clear as day, and it blows my mind every time I see it.
Will keep posting new ones as they occur. Please note that I'm not on a pattern hunt. I'm only tracking them on the coins I'm interested in at the time..
Currently: BIGTOE
BUT WHICH DIRECTION IS THE TREND HEADED?It's not a simple question and REALLY matters ALL of the time, so, finding a simple answer is a neat tool to have in the snuff-toolbox..
Here's the quickest, easiest down-n-dirry method for getting closer to an answer.
If you look at the ranging areas of the chart. The in-between, sideways, messy, wish-it-didn't-exist areas and draw a rough shape tracing the progression, then you'll likely notice either a "U" shape or an "n" shape (not everywhere, but at least one prominent one per section/timescale). You'll know if when you see it. Keep practicing and don't force it.
The U Shape can be reliably trusted to identify a Bullish trend, whilst the n Shape does the same when there's blood about.
Sound silly, right..
But it works.
And now you know..