So basically, you say in 5-7 days, the price could go up, could go down or nothing could happen! No shit Sherlock...
Triangle pattern ends with an outbreaks. That's an up or down but NOT a nothing will happen. Those patterns are not something I invented but are standard.
Graphic analysis is a crock of shit especially when applied to such an unpredictable market as cryptocurrencies.
That of course has a bit of truth.
I can resist form posting further such Graphics or predictions and keep them for myself. No problem.
Just thought it might be interesting for the one or the other too.
Please continue to post your analyses gadado, I certainly think they're of interest, even though TA is even less certain within crypto, markets still follow these rules of human investing behaviour to a degree.
It's unfortunate that someone offers something that may be of interest and may be of use and then just gets treated with disdain. It's a wonder anyone bothers with anything when the responses such as that above are just so often the norm.
I am sorry.
Accepted.
And thank you RenegadeMan!I thought it over a bit and came to the conclusion that it will be not that interesting for the most in cryptocoins because it's really a bit a different market and community than a stockmarket and if everyone is posting his or her analysis the thread might get bloated with for many non interesting posts.
The ones interested are most likely very capable to do such an analysis by themself and dont need them posted.
So I will hold back with such and only post if I see something really interesting.
