Most all algorithmic traded markets operate on highly mathematical code using "Fracal Geometric" patterns. It is not random nor is it bias based like most traders think. Instead it is highly organized, highly efficient, and highly geometric based upon derivatives of the Mendelbrot formulas. I've used this technology before and find it 90+% accurate when done correctly. I understand this stuff because I am a quant trader to the core.
I have use fractal geometry on BTC/USD historic chart patterns to predict the future price patterns that will essentially follow in the fractal geometric path. As a result there are two price targets of 35,700 by mid 2021, and 47,420 by mid 2024.
My Force Vector Technology corroborates with my fractal geometric analysis due to its highly predictive nature using interstitial buying and selling force vectors to derive a dynamically adjusting resultant force vector. It was able to predict the past price movements and is now projecting upper targets in line with my geometric analysis as you can see.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.