The purpose of the chart is to illustrate how price forms in fractals; and how exponential parabolic bubble curves, usually decline a Fibonacci 78.6% of value when they burst.
This happens on all time scales whether hours, days, weeks, months, years or decades.
Here is a blind test with price and time scales removed. It illustrates how the same patterns occur on very different price and timescales.
Two charts ended in a speculator crash losing 80% in value, and one isn't done yet.
Can you tell which is Bitcoin, and which is Nasdaq, and which is a random stock called Pulte Group ?:
i.imgur.com/eBplUQW.jpg
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
This happens on all time scales whether hours, days, weeks, months, years or decades.
Here is a blind test with price and time scales removed. It illustrates how the same patterns occur on very different price and timescales.
Two charts ended in a speculator crash losing 80% in value, and one isn't done yet.
Can you tell which is Bitcoin, and which is Nasdaq, and which is a random stock called Pulte Group ?:
i.imgur.com/eBplUQW.jpg