Here you have, all my STEEM EW-Plan for the coming days (30'-chart):
And here our rewarding coin, SBD, willing to rise!!!! (4h-chart)
Put your seat-belts on because we are taking off to.....
Source
Enjoy Cryptoland!!!
*This is just my personal point of view, please, do your own assessment and act consequently.
We are taking off to a tree?
I don't understand one bit why SBD is rising so much!
I can only think of two reasons:
I wouldn't dare investing in SBD, it seems like it's too shaky! But I'm not complaining.. don't get me wrong! Please do increase the price of SBD even more :D
I love it!
hahhaha!!! I love how you write @pandorasbox
Maybe you are right and all the EW-counters are just agreeing when to trade, but you know, it works, at least for me.
The same we could say for the other TA "experts" which use other "theories" (not laws) as RSI, MACD, Bollinger... Personally I use everything I have available, knowledge is an asset :-)
I don't fully understand either why sbd can be so worthy in the market unless it is linked somehow with the development of the Smart Media Token, we will know soon what is happening.
Oh yes, totally market analysis is more like 'market psychology'. They think they're all predicting.. but they're really just all making their own prophecies true. It's true for those other methods you mentioned too I think.
Why else would there ever be an otherwise unexplainable huge spike in otherwise 'dead' coins, if not only for the fact that this is where the triangle edges that people drew will touch?
Additionally, if you can manage to create a spike (or dip) big enough at exactly the right time, you can 'force' all the EW analyst's predictions to start predicting whatever you want them to predict.
That's the thing with crypto manipulation that most people don't get. We're all trading based on charts.. but what if you and I could draw whatever chart we wanted the other people to see? Because that's what's going on right now.. and has been for a long time now. I've witnessed it myself in a super small crypto once almost first hand as I saw people doing exactly this. If it happens there, it must happen in the bigger coins too as the prize pot is much higher. And as 0.16% or so of all BTC accounts own like 80% of all BTC... well, the early whales are: 1) smart IT and math people 2) superfriggin' rich, 3) accustomed to efficiency maximalization through bots because they are supernerds
Sometimes I fear that the entire crypto market is just 'us' being played by a few really smart nerds who have figured out a way to game us all.
I got that feeling also sometimes, specially when the market is correcting but look, what you say could be possible if there were not entering fresh FIAT in the market.
Actually we need more "nerds" and smart IT guys to differentiate good projects from bad projects.
There are many coins being pumped by those demi-gods (i.e. mcafee ) that suddenly died after 1 or 2 months of erratic life.
The ability to combine TA with the understanding of the involved technology of every project will be definitive for the majority of those coins.
Personally, I have the opinion that those superfriggin' rich people are just trying to identify the next king of the coins as well as we are, while maintaining alive BITCOIN till the next king will be fully ready.
Circulating Supply
4,968,467 SBD <<<< ONLY compare the supply to any other coin:
2.986.019 << zcash supply ... price?
Rank 276 <<< SBD price is just cheap very cheap...
My be I'm on of that nerds. Sometimes when my predictions are astonishing accurate (compare #3 and #5), I ask myself: Em I just lucky or experience of pattern recognition, mathematics, and combining facts from charts is really powerful.
You see @pandorasbox , not always the EW-counters agree ;-)
Great job and a joyful Outlook! I believe that it will! Unfortunately, I don't know how to build such forecasts and analyze the market. But I tend to trust your words.
Well, Don't give such a responsibility...this is only one opinion more between others.
Search, compare, chose...3 magical words 😉
I do not trade and investment. I'm just sharing my thoughts and creativity here at the platform. So I was pleased with such promising Steemit forecasts.
COME ON STEEM !!!!
Of course :-)