ruraldisturbance

Understanding Bitcoin, My first chart

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BITSTAMP:BTCUSD   Bitcoin
My first chart was all about discovering repeating patterns in Bitcoin's price movements and I found tons of repeating patterns in my analysis. I started studying from right before the low of $2985 (I went long at $3327 BTW) up until our current situation. Im sure what I call certain moves is wrong, im not into technicalities but I would appreciate being corrected on the terms, so I can learn whats called what.

I made a prediction of where I thought the price would go and how this downward movement will play out based on previous movements, particularly the movement on October 23rd, as it was in a correction thats almost a mirror image of what were in now.
Komen:
Well I got the upward movement right! But failed the downward movement, it happened a lot faster than I thought, but it always does with BTC.
Komen:
Looking at it now I feel like I had the right idea, but the movement happened backwards of what I predicted.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.