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RE: LBRY (LBC) Update: Ready to EXPLODE! What do you get with Cup Handle + Bull Flag? Lift Off!!

in #bitcoin7 years ago (edited)

Hey Bubke - I agree, have your posts lined up to read later today.
Loved your India trip story and posts... do you have footage from those days?

Living free + internet connection & cryptos are good bed fellows if you're profitable - living the dream in fact. hahahaha

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Hahahaaaa indeed, it is a funny combination though :-) Just had a look at your blog, you are even more lazy than me :-)

As a pure Technical Analyst, I truly believe in this statement:
News or Events shall arrive to justify the forecast, never the reverse.

This means that fundamentals are further downstream than price action. Both are reflections of sentiment, but price action is more upstream. This is why I truly believe that news or events or fundamentals don't drive price action, it's the other way around.

Many vehemently disagree with this, as I did too. But, after experiencing, time and again, forecasts that seemed outrageous and yet news/events arrived to justify it execution.

Here is link on my essay on Technical Analysis:

https://steemit.com/bitcoin/@haejin/essay-what-is-technical-analysis