Earlier today, I created a linear regression model to predict Bitcoin's trend today. *see related ideas below*
I went to work, and came out with my mind blown to pieces..
We hit every mark in my model..
We pierced the inside left RS of the inverse HS pattern , earlier today. That was crucial.
Then we dipped outside of the purple shaded area, as this was a statistical outlier.
Then i predicted we would re-enter just past the peak of the right RS towards the symmetrical opposite , which is occurring as we speak so darn nicely..
Once we penetrate into the the purple shaded area + the green outlined RS of the inverse HS pattern ... The stage is set for blast off to Zone C, with new geometric modeling.. We are heading into dangerous territory.
it is absolutely unreal, that the trend has followed my charts, ALMOST EXACTLY as predicted.
I have never done a TA before, let alone used these tools before.. But i gotta say this is mad fun and i do not plan on stopping.. You can view all the charts that lead up to this one in the related ideas below.
I will continue making charts as we go... I still will have no idea what I am doing..
Thanks for looking, Glitch420
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This is getting super exciting.. Updates to come with new modeling..
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I found only two points that connect.. and they were part of a bigger patter..
Will be interested to see if it breaks thru..
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WE ARE DOING IT!!! The model is not lying!!
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we are headed towards the real test of this run...
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New breakout wedge??
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I think we are getting close to another massive breakout... but what do i know??...
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New Wedge break out or pattern hold?
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We are nearing another breakout wedge..
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WE ARE STILL IN THE GAME! BREAK OUT WILL HAPPEN TOMORROW.