Yesterday, I said bitcoin would follow my linear regression and zone patterns; by finding the best 'line of fit' in the data points.
So I found the best line of fit using regression modeling, which gave me my ABCD angles. Then i used these ABCD angles to create my zones.
Yesterday, i highly suspected the trend would stay within my designated zones from D to C; to which it has..
In order for this hypothesis to remain true, we can not stray to far from the purple shaded area AND we must continue the small inverse HS pattern being created right now.
If we fail to stay in the designated zones and have a HS failure, we will most liklely tumble pretty far down again.
If we continue on this quest... And data keeps fitting along my regression model, we will see bitcoin into zone C very soon.
I really have no idea what i am doing.. But it looks like i do! Looks are deceiving..
Thanks for looking,
Glitch420
So I found the best line of fit using regression modeling, which gave me my ABCD angles. Then i used these ABCD angles to create my zones.
Yesterday, i highly suspected the trend would stay within my designated zones from D to C; to which it has..
In order for this hypothesis to remain true, we can not stray to far from the purple shaded area AND we must continue the small inverse HS pattern being created right now.
If we fail to stay in the designated zones and have a HS failure, we will most liklely tumble pretty far down again.
If we continue on this quest... And data keeps fitting along my regression model, we will see bitcoin into zone C very soon.
I really have no idea what i am doing.. But it looks like i do! Looks are deceiving..
Thanks for looking,
Glitch420
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.