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RE: Steem Price Analysis STEEM/BTC Bullish Signs for Steem

in #steem8 years ago

I appreciate the offer. I've been clicking through the links, but I'm out my depth here. I have so many questions...but I don't know what they are. haha I don't know what to ask.

So, the deep crab is a prediction model right? A mathematical projection that predicts when the stock will hit a low point and then rise on the same plane. Is that right so far?

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@caleballen It is a harmonic pattern based on a specific set of fibonacci ratios. Once it completes and support holds in this area it often reverses direction. Lets see if this one plays out. Harmonic Trading seems advanced at first but once you learn the patterns it gets easier.