I like looking at the past to help predict the future.
I think this idea is plausible. Do you? Not financial advice.
I know this one is a busy chart. Hopefully it is not headache inducing. I'm interested in that small white shaded rectangle. You can see it's an area where there's confluence among the following: 1. Red Trend-based fib projection on the entire history of XVG's price 2. Orange Fib Retracement on the 2018/19 bear market 3. White Fib Retracement on XVG's...
Thanks to @CryptoCrewUniversity for this spiffy indicator.
This is with the fib retracement tool. I see that it's used to predict upward fib levels. I have been under the impression the trend-based fib analysis tool is more appropriate for this. Is it? Or is the fib retracement tool okay to use too?
Just updating one of my previous charts with some color.
I think I may have homed in on a very important fractal. What do you think?
Is this possible? Probable? I think it sure has potential. Most of our money supply is on paper anyway. What do you think?
The times they are a-changin'.
It's one huge fractal to say the least...