Follow along :
Original Idea : https://steemit.com/penny-stock/@apok/just-an-idea-chart-art
Update #1 : https://steemit.com/money/@apok/chart-art-gahc-just-an-idea-continued
Update #2 : https://steemit.com/market/@apok/just-an-idea-gahc-update
Update #3 : https://steemit.com/untalented/@apok/gahc-update-be-stubborn-we-hold-or-buy-red-until-those-profits-come
Not proud, but here's our progress since the original idea :
Our theme for this market : "There are many perspectives and angles to see the market from, so try not to close the mind to any possibility... If the market behaves in a way you did not foresee, adjust the lens to figure out what you have been missing for a further understanding of the market..."
Some of us are nervous about this market...
Let's put this into perspective... Take a snapshot from the last summer of this market...
Things don't look so good here from this perspective...
This is where we are now... The perspectives of the market look similar
This is what happened next from our snapshot of last summer...
We are sticking to our original idea indicators and exerting patience with this market...
Lets look at the market from another perspective...
This is a weekly view of the last 17-18 months... Got a little creative with our 52 and 104 lines in hopes they represent 52 and 104 weeks... Even if that's not accurate these lines look to play some sort of role... We'd like that yellow line to start acting as some support which sits around .0130 - .0135 area... It's possible that the yellow line becomes resistance again...
Many perspectives to view the market from...
Time for a gut check... Although our interest here lies in the long term, it's time to start thinking about some logical exit strategies if certain scenarios come to fruition... Take a look from this perspective...
That head and shoulders pattern could be a signal of a trend reversal... This market has been on an uptrend for over a year now and we don't want that to reverse... If this is the proper perspective to view from then we must be prepared...
Allow me to address that this is not financial advice... It is recommended that you do your own due diligence, fundemental and technical analysis before purchasing any asset. I simply enjoy looking at the charts...
Thanks for looking, good luck and happy trading!
Have another perspective to offer? Post it in the comments...