I wish I understood this better. Is there a link you could share that could assist me? I am vaguely familiar with the Fibonacci Sequence but I am a bit unsure how to apply it to this. Thank you!
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I wish I understood this better. Is there a link you could share that could assist me? I am vaguely familiar with the Fibonacci Sequence but I am a bit unsure how to apply it to this. Thank you!
Agreed, @bullishmoney , I have really no idea what i'm looking at, how do I/we read this chart?
Thanks!
I'm not sure if there's a link out there specific to my chart. Let me see if I can better clarify ... the y-axis is week-over-week price magnitude, while I replaced the x-axis (typically time) with the nominal dollar value of STEEM. So it's charting STEEM magnitude as a function of USD.
I apologize I wasn't as spun up on this, but I think it is very important information, which is why I inquired, I absolutely love the post, and feel that I have a lot to learn. Thank you @bullishmoney
No need to apologize...I really could have done a better job explaining writing this post. I just had to get it out there quickly because I wanted to produce a Steemit video, which I recently published :)