For weeks I've been trying to find a pattern that allows me to understand how the market cap develops.
I wonder?: the continuous entry/exit of FIAT and the apparent sudden corrections are predictable?
My last "predictions":
week 16/18 ~ week 15/18 ~ week 14/18 ~ week 13/18 ~ week 12/18 ~ week 11/18 ~ week 10/18 ~ week 9/18 ~ week 8/18 ~ week 7/18 ~ special sundays ~ week 6/18 ~ week 6 special3 ~ week 6 special2 ~ week 6 special ~ week 5/18 ~ week 4/8 ~ week 3/8 ~ week 2/18 ~ week 1/18 ~ week 52/17 ~ week 51/17 ~ week 50/17
Last week 16 prediction:
based on the trend of the data was erroneous, that is to say in the war of data vs graphics, the graphics have won;)
Which mean that it's an excellent new for all us :)
And we just started the run to the next roof: TMC $517 bi, thats what we had at february 17th after touching a TMC $276 bi floor on february 6th.
Prediction: This Week 17 2018:
Since the trend is clearly broken, and without taking into account small corrections up to -10%.. this week looks like december 6th to december 13th 2107:
So this week looks like promising adding arround 34% FIAT to the TMC and if that happends we would starting to test the roof resistance $517. Which IMO will be the key to test if we go up or down again like we saw in february.
Another possible scenario would be the withdrawal of profits since we have accumulated for two weeks 40% ..
Remind you that I am not a TA expert. The data I collect is a personal exercise that I carry out weekly and help me to understand the data and information that allows me to be updated about the cryptoworld. Finally I share this in steemit for fun! so feel free to comment anything!
@beiker <3