with forming this round mountains, climbing isn't going fast and high. it's climbing in 2014 from here almost ~340 to highest point ~440 what does it mean for 2018? my guess is: highest point wednesday above 8000, but how much? Depends on the climbing rate for the coming days!
Kommentera
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as a lead (but....be carefull.) graph seems to get pulled down by forming such round mountains.
Kommentera
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ratio now: 3 h. = 1 h. so we will hit highest point earlier if this ratio stays (monday?)
Kommentera
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I don't expect it's going to make that high spike (but you never know!) My guess is still we will reach almost 9000. watch it.
Kommentera
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Kommentera
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Kommentera
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maybe better: date april
Kommentera
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Now it's getting tough!!
Who to blame? Long weekend? Eastern?
This time we can't blame regulations, investors, computers, bots, hacks, FUD or stockmarkets. Only we, ordinary people, seem to loose confidence totally in cryptoworld! I think only die-hards and believers are going to stay!
And make the best of it, till it gets better again (after the summer?)
For now: last night an unexpected drop. I did expect the sideway moves (16) and the step-ups (17) would make small mountains. But I didn't expect that the graph would be pulled down! So we are not getting to the highest point 9000. I doubt if we will get it to 8K.......
For now we have to wait were we can pick up the graph again: where is it and where will it begoing.
Stay tuned!
Kommentera
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new insights! ;
as we see the graph develope, I recognize suddenly it looks again like the first part of the first big fractal of january! In that case, it would give us maybe a direction for the coming part (which will be C)
This specific pattern you see in the big fractal -1 (january) The second fractal of this year (february) has a different start. (missing the first mountain A)
Any chance your timing is off a little... I have the recent low we put in relating to 9/19/14(based on same fractal), and the the 10/04/14 low of $275 (76.6% retracement) lining up with a potential move down sometime in May of $4250-$4750.... the speed looks like its moving at 2:1
cryptopaatje
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@callmethebear, yes possible.
If I take 5 oct- 5 nov 2014 = ~31 days.
Now: same periodd: 18-03 till 31-03 = ~13 days.
So we talk about ratio 2,5 : 1...................
If lowest point was 15-01-2014 = ~70 days
this means that we will reach lowest point this year at about ~5 may!
But I have seen that the ratio differs sometomes a lot. Speedyer or slower without notice. So you just can't tell.