some miners started signaling for segwit, so less chance of a fork on aug 1st, but there's still the 2mb fork later on, this shit can still crash if some bad news come up, for instance some bug on testnet n shiet
I think real resistence is at 2600 everything below is weak we may see a banana pattern when it hits 2200 but double shoulders with head can always emerge, watch for cup and handle.
The dead cat will turn out to make a schrödinger and becomes unstable again at 2111 but only if the bull kills the bear
Currently breaking above $2100 lets see if the break holds. $2200 next target for buyers and then there's the trendline. With the possible hard fork coming I'm expecting this swing high to get faded at some point and the break below the trendline to hold.
I don't think I'd be concerned about a 2MB HF bug- the issue is going to be having miners stick to their promise.
Though honestly knowing how most miners work, it's very bad to renege on promises. Core/Blockstream's broken promise in the HK agreeement led to a complete loss of trust by the miners and that's why we're where we are. Very dishonorable to break your word among perceived partners.
This stuff is not new. This is just the first thing I found on google scholar.
"Passive and quantitative investors now account for about 60 percent of all equity assets"
The models work, and they work well! Now yea, most people cant do that stuff, I'm not going to pretend to fully understand that paper. But a complex but simple minded back tested system isn't that difficult to set up. Time consuming though. I'd recommend everyone look into it. Having a known values allows you to test new variables with confidence of knowing exactly how it changes the system.
Nah man, you're applying fibbonaci logic to a 30% star pattern resistance cap. Wait for double bottom chart pattern, then go in 700% of your original investment and sell within 22 minutes, or commit hikkake.
the fact that i feel like buying out of FOMO right now should be all you fags needs to know about where the price is headed