Browse Stacks: Patterns: Trendlines: slopechart_$ALGO.jpg
Outside of seasonality, I have not been exposed to the concept of time within technical analysis very often. I guess Team Elliot Wave likes their forward looking Fibs based on time with both lines and circles, but after puttering around with that here and there I have yet to experience an earth shattering moment.
I was looking at the Bitcoin chart yesterday for probably the 8 billionth time, give or take a few million, and I was feeling some weird emotion bordering on frustration because that thing has just been doing a weird meandering sideways thing for about 2 months. I am kind of a bad trader, and I want to see some absolutely in your face, LOOK HERE RETARD, kind of a move for me to make up my mind, because those seem to work well for me.
The whole crypto market kinda looks like that to me right now, with a few exceptions, but I think the exceptions are just behind, and will do the same meaningless meandering here soon enough. Or perhaps just crash.
And then I started mousing over each candle for