Bitcoin Forum

Economy => Speculation => Topic started by: Thibaut on June 10, 2014, 08:05:36 AM



Title: Stop technical analysis, astrological predictions work well
Post by: Thibaut on June 10, 2014, 08:05:36 AM
www.tradingview.com/v/axsvHkyQ (https://www.tradingview.com/v/axsvHkyQ)
Quote
Crypto traders are always going on about the moon, so I've added lunar cycles over the price chart. Results were interesting. Price pivots at 420 in December and April coming very close to Full moons along with the beginning of this current up wave.


Title: Re: Stop technical analysis, astrological predictions work well
Post by: DolanDuck on June 10, 2014, 12:17:58 PM
It's a funny coincidence but doesn't mean nothing, by the way there are many people who believe in astrology...


Title: Re: Stop technical analysis, astrological predictions work well
Post by: rebuilder on June 10, 2014, 01:19:25 PM
So, two data points come close to coinciding with an arbitrarily chosen phase of the moon? Doesn't exactly seem like something I'd risk money on.


Title: Re: Stop technical analysis, astrological predictions work well
Post by: Ilsk on June 10, 2014, 09:50:44 PM
Now everything makes sense.