The JOES-fractal: an exemple of a "where are we" problem
מעודכן
In this case it's not quite clear where we are.
It could be A as part of the middle-piece which is just a bit lifted up.
Or is it B, the last part of this mountain, so that we will get in a few hours its highest point?
If we think it is A but it is B, then we miss the highest point to sell.
If we think it is B but it is A, then we sell the to early!
So trying to see the right spot isn't easy, because of the fact, that the graph in 2018, off course differs from the graph in 2014.
(all graphs better overview when viewed in 1minute or 5minute chart Bitfinex)
Welcome to the club!
the only clue could be here if the top makes 2 fingers / ears.
Then you know.
It could be A as part of the middle-piece which is just a bit lifted up.
Or is it B, the last part of this mountain, so that we will get in a few hours its highest point?
If we think it is A but it is B, then we miss the highest point to sell.
If we think it is B but it is A, then we sell the to early!
So trying to see the right spot isn't easy, because of the fact, that the graph in 2018, off course differs from the graph in 2014.
(all graphs better overview when viewed in 1minute or 5minute chart Bitfinex)
Welcome to the club!
the only clue could be here if the top makes 2 fingers / ears.
Then you know.
הערה
another "holdon"would be the time: measuring time 2014 and 2018 and calculate the ratio could give a clue: for this problem: I calculated soemwhere between 13.00-15.00h (UTC+2)So according to me B belongs to the middle part andnow we are going to the top-part........
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it's difficult to tell, but I thimnk it has already reached the top!הערה
ratio at the moment ~3,4 = 1h.at ~15.00h a drop down?
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drop already been there (what drop?!)we're already here.
(look at the NEO-chart of today, that gives a better view !! (strangely)
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for those who want the 5minute upfollowing charts of 2014 did cost alot of time to get!)2014 5minute-1:
2014 5minute-2:
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it's getting tough again...... what is he doing?!הערה
ratio 5h : 1h.which could mean that tonight at ~03.00h lowest point (2014-343 dollars) would be reached.
But it's acting strange now, so...........wait and see.
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