Lmao. I was laughing while watching this video. You might be right about the price action dumping/pumping each time price intersects but whats funny is that I drew the exact same fib circles as him and came to conlusion that this guy just missed out on the biggest crypto rally in his life. based on his chart the price of btc was 13.5k and he was expecting it to go down but that shit flew to 65k🤣🤣🤣. Good work on this video but definitely not taking your advice. I'll give you a like on this video for pretending to know what you'e doing tho.
sorry ive come off socal media to focus on other things. you can follow me on tradingview though - www.tradingview.com/chart/BTCUSD/9cfHp46U-bitcoin-consolidating-at-major-fib-circle-doom-or-boom/
what a stupid video... this guy is saying "if u long here" and "if u short here" but there's no causality between any circle boundary and knowing if we go up or down in the beggining of the next one... sure this might have some insight into where the graph will create some polarities/volatility/stop sideways but it doesn't help jackshit in deciding the correct direction, meaning its useless
"predict, verb (used without object) - to foretell the future; make a prediction." I guess your downfall is not understanding the title, but yes you wouldn't trade it singularly but use the 'reactive' fib zone with confluence (some other lined up factors) before placing a trade. maybe in terms of stupidity you could look inward before you vent frustrations against something your not entirely experienced with.
@@therealisttrader3670 nah, I'm just criticizing this video for being way to low on quality insightS. that's all, not that deep. nowadays people think being all philosophical about critics and call for projections is the right way of responding to criticism... not that deep brother, u have people who enjoyed ur video and also a small amount of people who didn't... pretty simple and superficial. my downfall wasn't on not understanding the possibility of using confluence :D if you think drawing a fib channel through time is deep enough to shield you from critics your wrong lmao... I traded for years now and things like these are just make up for the lacking in direction predictability power...
hahaha, PRCY is PoS crap where most coins held by 'the team'. Not even in the ballpark in terms of top privacy. The only chance PRCY reaches those targets is if a loaf of bread is worth $1000 after hyperinflation. In which case the top coins like Monero and Pirate will be in the tens of thousands.
Awesome video. I suppose I'm missing a ton of information as you're easily able to mark out paths with your mouse. I guess I'm failing how easily you're able to do that. What do you recommend I read or watch to get better in my understanding of which stages are correction and others are moves up? Again, awesome video. I'm sure I'll watch it 100 more times just to get it in. Appreciate your efforts to educate others.
pic the previous trend top and bottom and mark 1st candle bottom to last candle top (or vice versa), thas basically it, im on twitter @crytocaine if you want to talk about ti
i prefer highest possible, if there is heavy rejections on monthly you may need to go to weekly but experiment and you will see, im on twitter @crytocaine if you wish to talk about it