@williambanks because this post and all the other posts are shit-posts that has no value to traders nor anyone else for that matter.
An analysis like this would cost me max $5 on upwork.com.
It is amateur-work, and he is not improving - just the same shitposts day after day.
They have no value to you. As a trader myself, I find them valuable.
Quit speaking for all traders and instead make the proper claim that you, personally, do not find the post valuable.
It's a written description of what happened in the chart.
The price briefly spiked bellow the 461 satoshi support line, marking a new higher local low at 457 satoshi.
After the short dump it turned upwards towards the 477 resistance and made a new lower local high at 475 satoshi then got pulled back down to about 467 satoshi where it's traded at now.
Where is the analysis?
@frystikken can certainly speak for the majority of traders. If it were as simple as someone verbally observing the movement of the last 6 4hr bars on a chart without actually putting it into context...
You're missing the analysis that is contained in the charts that are included in the posts.
Oh 'I'm' missing the analysis - was I supposed to do it all myself?
Please explain the horizontal lines from top to bottom for me...
I can't make sense of them, there's no context. Or explanations..
Sure there's some analysis 'in the charts', not in this post though...all I see are some completely random un-referenced lines coupled with a recount of what price did.
I challenge anyone to explain what the horizontal lines represent from top to bottom.
Yeah, but you wrote them, youre biased
I wrote what? These articles?
you, OZ, engagement, bernie and nextgen are the same people, right? DO we really need to take a trip down blockchain memory lane?
I cannot prove it, but a friend of mine gave me an interest-free 500 STEEM loan back in April.
That's all you are seeing on the blockchain.
I can assure you that there are at least 3 separate entities.
I do understand why you would come to that conclusion, however.
Please show me where these posts give you more valuable information then what you can extract yourself from tradingview.com and the various irc/slack/rocket/discord/twitter?
I have said before that I will support him if he go up in quality, so far it is just the same.
The question is what information you can extract yourself that is different from tradingview.com or the other sources.
You're suggesting that any of the tools that are available on tradingview or the other mediums is not of value. This would include any and all functionalities such as bollinger bands, EMAs over different time periods, VIX, etc. that are available as analysis tools on tradingview are not worthwhile?
I guess I don't understand how you could choose to ignore any of those tools ...
Anyway, as I've stated to you before, there have been several cryptotokens that I have missed due that have the classic patterns that I recognize that @ozchartart brought to my attention.
The information that he provides is his own historical records on what he finds to be classical support / resistance lines in very long time frames in conjunction with some basic Fibonacci analysis.
You don't like the tools he chooses to use. I understand that.
On the other hand, I will re-iterate that a simplistic approach to understanding cryptotoken markets is necessary as the standard tools for stock analysis simply do not apply.
Maybe you think they do. I don't.
Once more, it is your subjective opinion that his posts are "shit."
I just don't agree with you on that.