I'm only in ETH if I need to but I see the mad profits available on these swings.
My question is about fractal patterns that might be seen in the price moves.
I understand these principles but have no idea how they work in charts.
I heard Clif High mention he saw fractal patterens in eth and btc price charts and traders are making a killing on this knowledge.
What charting tools are the best to use?
All my math skills went to electrical/electronics in school, should have taken business/economics, but I can learn anything I set out to!
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Here is a clear example of a fractal in a chart. See how the blue triangle pattern is similar to the white one? What happened with the blue one? Prices surged up. So, fractal says the white triangle could surge up as well.
Wow! I see the 5 wave in the connect. I'm kinda floored.
Fractal antennas and those crazy pictures got me interested.
There are fractal patterns in nature, like the way a tree grows or a forest develops.
So markets are emotional human driven machines probably have a similar frequency.
thats deep :p