Selby Bitcoin Price AnalysisNew price/time prediction system of extrapolation based on linear regression and EMA .
This call has two different lows first $5967 and then $5561. If we go below $5686 on the 1day we will be on our way to new ATH's if not we can expect more sideways action for the foreseeable future. The call ends at $6484 on December 3rd.
It is interesting that most everyone thinks 6K is so strongly supported and the bottom is already in. The BTCUSD instrument has hundreds of millions of dollars sitting and waiting at 6k so I understand most peoples ideas about that being the bottom. However in order for BTCUSD to have another true bull run, sentiment must turn negative first which it has not done yet from 19k-6k, so when it falls bellow 6K then we will see tons of FUD and bad news on the internet, only then will we get our next big bull run and it will turn fast!! This call will be invalidated if we pass $6780 on the 1day.
Selby finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Rebellion=Change=Future
Autonomy
selby_exchange - BTCUSD -Timing the Bottom of 2018 Final ChapterWell the $5686 I have been calling for months here on TV is based off of trendlines using extrapolation from the very peak of $19k. when I first started charting 5mo. ago. The pattern showed that once we hit the specific $5686 or below on the 1day chart on GDAX (now Coinbase Pro) we will be open to new ATH's. It's like the pattern needed to hit that low before BTC could go parabolic like it did back at the end of 2017 Why? IDK yet and am working on refining and improving this new system of TA. I think in time as I learn more, this system of extrapolation based on linear regression technical analysis success rate will improve.
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
Rebellion=Change=Future
"extrapolator". By definition in Mathematics it is to estimate (a value of a variable outside a known range) from values within a known range by assuming that the estimated value follows logically from the known values. PEACE
selby_exchange - BTCUSD - Timing the Bottom of 2018Humanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity
Coming from here:
So we are here, indicators are so oversold its scary...
And, we are travelling here :) things are looking up 4sure!
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
p.s. if this call works out to be the bottom of 2018 and we do go Bull, you are witnessing a change in the guard on planet earth. Humans will prevail and enjoy the special 9 'Values' listed above.
Rebellion=Change=Future
selby_exchange - BTCUSD - Bottom 2018 - Heikin AshiHumanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity
selby_exchange - BTCUSD - Bottom 2018 - Heikin Ashi
BTCUSD $5686
06-15-2018
BTCUSD $19127
08-22-2018
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)
selby_exchange - BTCUSD - Bottom 2018 - BaselineHumanity Love Inclusion Autonomy Respect Opportunity Truth Veganism Singularity
selby_exchange - BTCUSD - Bottom 2018 - Baseline
BTCUSD $5686
06-15-2018
BTCUSD $19127
08-22-2018
selby_exchange
Finding creative patterns in charts on Tradingview!
Not advice for investing lol, but I am one to watch ;)