Essay: Is Technical Analysis a Quantum Event? by haejin

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· @haejin ·
$222.54
Essay: Is Technical Analysis a Quantum Event?
<center>![](https://steemitimages.com/DQmVRmBpJR6tJhqrfmyGhDrVMnzfTBGR1u52FSa6pgwe6AQ/image.png)</center>
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**SUMMARY**

I'd like to share my understanding of how and why Technical Analysis works. It's a comingled effect of my training as a scientist, business executive and musician. So, yes, it's a perspective through my set of unique lenses and just perhaps, our lenses could have some "phasic" overlaps. While many debunk outright the utility of Technical Analysis as nothing more than reading tea leaves, I clearly disagree from both experience and unbiased views.

The basic tenet of Technical Analysis is that sentiment drives all price actions. Simply put, price is a reflection of sentiment. This sentiment is an aspect of duality composed of Fear & Greed. These are opposites of each other and each alone can not be in this world. Both move in waves or cycles and all according to the Fibonacci Golden ratio. Nature's biology to the immense spirals of the galaxies and even the molecular helix turns of our DNA strands abide by this Golden Ratio. Sentiment is no exception as its ebs and flows occur according to Fibbonacci sequence.

We are all familiar with Einstein's special theory of relativity or the below equation which states that mass and energy are the same. It is the energy mass equivalence principle.

![](https://steemitimages.com/DQmNw96XCxgomTSvXbBr8xdTaRaP2Maq3S9ZhLTcpwAFdd5/image.png)

To me, this equation embodies sentiment. Allow me to explain. In the equation, C2 is speed of light that posseses the photoelectric effect, and the basis of all life begins with light and this is an undeniable tenet of our world of form. Plants converting light into energy using water and CO2 is an actual application of Einstein's equation. This way, energy contained in light can be converted to mass, in other words transferred. This is also why water, light and magnetism are essential for a planet to harbor life. Mars has light and water...but it's dead in magnetism and thus will never harbor life.

Having said the above, sentiment is an expression of energy that is chemically conferred. All biologic material absorbs specific light frequencies. The amino acids have an aromatic molecular ring that are designed to absorb uv light of a specific frequency. What happens when your skin absorbs sun light? It gets warm. There is no difference at the molecular and atomic scales, when light is absorbed, energy is gained. This is called the photoelectric effect for which Einstein was awarded the Nobel Prize. This is why AM sunlight contains more UV-a light and has significant impact on your hormone homeostasis while PM sunlight is more rich in UV-b which activates your vitamin D synthesis as well as sulfates cholesterol. Water is the most dielectric molecule and thus essential for life and broadly absorbs light frequencies to attain the third state of water called the Exclusion Zone (EZ). This EZ coherent structures allow water to have semindocutor like properties that surrounds every protein in our bodies. When water takes on EZ structure, it has a plasma crystal feature and acts similar to a semiconductor which is paramount to enable interaction with photoelectric effects and magnetism. A bit complex and your head could hurt with all the quantum physics. By the way, getting a good dose of AM and PM sunlight is critical to good health. Sunlight in your eyes and skin..no sunscreen needed.

When hormones absorb light, it is a quantum event. The gain of energy in a living being in effect reduces entropy. If entropy is allowed to go to equilibrium, then you have a dead body, a non-living mass. So, thoughts and feelings are quantum events. To me, this means that sentiment has to follow the laws of E=MC2.

I had earlier indicated that sentiment is another form of conferring energy. For me, the bottom line is that not much can come before sentiment except thought and before that is Perfect Thought. There is a famous saying in the Plato's Republic Essay: "what are words but symbols of symbols; hence twice removed from reality." You might also be familiar with Plato's Allegory of the Cave which too has the same rationale.

So, thought is expressed as sentiment, a form of conferred chemical energy, which is reflected and expressed in duality: Fear and Greed. For cryptos, such expression is seen in its price actions. This is also why measuring price movements can't be perfect as all techniques are twice removed from "Reality". This is why Elliott Waves need updates and edits with new price action data as it only measures the reflection of sentiment.

It's important to remember that no Technical Indicator is less than "Twice Removed" from reading sentiment. The only object that can be "once removed" is called a Crystal Ball and unfortunately no living being possesses that. This is why experience is so vital to enhancing the accuracy of TA. More specifically, failure experiences. I'm a firm believer that failures teach better than successes. A novice pianist will always be poor compared to a seasoned pianist. A novice in Technical Analysis will always be poor compared to a seasoned Technical Analyst.

I humbly state the following: As a Technical Analyst, I thought I was pretty good after five years and really good after 10 years. Now, after 20+ years, I always realize that I'm still improving.

**Legal Disclaimer**: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>


Please consider reviewing these Tutorials on:
[Elliott Wave Counting Tutorial #1](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-1-by-haejin)
[Elliott Wave Counting Tutorial #2](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-video-2-zig-zag-and-flat-corrections-how-to-recognize-and-label-corrective-waves)
[Elliott Wave Counting Tutorial #3](https://steemit.com/bitcoin/@haejin/elliott-wave-tutorial-iii-how-to-label-and-apply-triangle-price-corrections)
[Laddering](https://steemit.com/bitcoin/@haejin/an-effective-buying-and-selling-strategy-laddering-a-tutorial-on-to-cast-a-ladder) and [Buy/Sell Setups](https://steemit.com/bitcoin/@haejin/when-to-buy-and-sell-using-elliott-waves-a-tutorial). 
[Laddering Example with EOS](https://steemit.com/bitcoin/@haejin/eos-target-usd3-22-analysis-update-live-real-time-laddering-example-you-don-t-want-to-miss-this)
[Tutorial on the use of Fibonacci & Elliott Waves](https://steemit.com/bitcoin/@haejin/tutorial-on-the-use-of-fibonacci-ratio-and-elliott-waves)
[@haejin's Trading Nuggets](https://steemit.com/bitcoin/@haejin/haejin-s-trading-nuggets-all-learned-through-tonnages-of-failure-experiences)
[Essay: Is Technical Analysis a Quantum Event?](https://steemit.com/bitcoin/@haejin/essay-is-technical-analysis-a-quantum-event)

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@madi95 ·
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@born2crypto ·
I got an upvote last night from @HAEJIN. I still can't beleive it. I had to wriote about it today when I woke up.
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@jwilliams ·
What post are you talking about @madi95? Your lame comment, which took about five seconds to write? Seriously, you think you're going to earn anything with that content? Go back to the drawing board.
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@madi95 ·
we are here all sycophants, do not look face on the post @haejin to get upvote. Do not interfere with what I write.
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@bestbaktiar022 ·
thank youu for your cryptocurrency information
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@smilingllama ·
The difficulty is, no matter how much experience we have, no one can predict the future... if you could, you would use it for more than crypto TA! :)  Please don't take this the wrong way, I believe in TA to the extent that it offers everyone the ability to **risk manage**... understanding how likely a situation is going to occur (through technical analysis) allows us to manage our risks... because every trade is a risk in itself, how well you manage those risks will determine your success as a trader.  Thanks :)
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@vinceciccone ·
Thank you for your wisdom and insight. Your philosophy is true to technical analysis but even more true to how life is created and lived.
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@born2crypto ·
That's exactly what I was thinking. WISDOM & INSIGHT. That's what HAEJIN brings all of us!!! Thank you for this Sir
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@lyndsaybowes ·
$9.70
Thank you to all the brave Wizards and Knights of A Cave Troll Quest, justice is here, it's no longer 'just us'. 

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@born2crypto · (edited)
$0.19
What is this??? There are quest here? I'm new here don't understand eveything yet,. Can I get more steem for REP that way?
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@hendrix22 ·
$2.28
These are what shit posts look like! Dirty gray in color just like the Donkey himself!
👍  ,
👎  ,
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@jwilliams ·
Um, what the hell are you talking about? Oh, you're another troll who can't create your own content. LAME. Muted, good-bye.
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@lyndsaybowes ·
<center>[Remember Your Mantra](https://steemit.com/abuse/@hendrix22/i-m-out-of-magic-but-i-remembered-my-mantra) 
https://steemitimages.com/DQmT7ZLcgZfeAirdMXoUG2xGz7AN5NAcUZeyAh8UPZAZ6DU/image.png</center>
👎  
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vote details (1)
@khriyad ·
This is a very valuable post!!! 
thank you for sharing ,,, I am upvoting you............
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@molfzart92 ·
Wow, I sort of took a dump on you last week, stating how I believe it's a joke that TA is a quantum event, but you just changed my mind.  This is extraordinarily written.  You my friend are one talented soul.  BTW a musician ay?  What instrument?  Keep it up Haejin, much respect to you.
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vote details (17)
@cryptojade ·
This is one of your best articles. It takes some deep thinking to connect chart patterns to Quantum physics! I have noticed (after learning from your tutorials) that fractals repeat so often in the charts. It’s interesting that each chart might have different fractals, but within a chart, the same patterns repeat.
Thank you for honoring the teacher in yourself. We all benefit from your experience.
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@born2crypto ·
This is one of his best? I'm new here. My second day. Glad I'm here for one of his best. BEST TIME to be here for @haejin!!!
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@jwilliams ·
This essay has been posted at the bottom of his blog for the past several months, so don't get too excited. Still, it's a great read!
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@maanabdullah ·
Amazing Articles Here. If i decision for top article writers i suggest this article. Love it
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@izge ·
So you are a scientist, business executive and musician? Is this combination not too much for you? Well no wonder you are an indefatigable steemian and a success for that matter.
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@kryzsec ·
too bad the science presented is faulty or even wrong
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@icomment ·
Congratulations @haejin on making 25,000 strong followers. Here is a tribute i have written as a post on my blog, but which i also post here as a comment.  

<center>https://steemitimages.com/DQmX3MEzRykospzd9UFWY8Hg5LFDpWMR1HWL8Zb5ba3Qopm/image.png</center>


<H1>Our dear @haejin!</H1> 
Eight months ago, around June 2017, and over a year since Steemit was launched, you, a humble, but ambitious, and as time has proved, great mind, joined steemit. 
<br>You were until then, unknown, but eight months since, you stand heads and shoulders above all, as arguably steemit’s most successful story. 
<br>Today, that success is affirmed, and crowned by a feat of historic, and as yet, unparalleled proportion: your followers, most loyal and reputable, has reached an all time, and all steemit high, of 25, 000 plus. 
<center>https://steemitimages.com/DQmTkkjjZ6ZCCYnaJeppyocaQftjjPa1yQsRsFYnGvJBJJJ/image.png</center>
<br>You are not only a steemit icon, but a renowned and acclaimed global brand. There is hardly anyone in the social media, whether Steemit, You-tube or twitter and crypto market, who does not know you as the most distinguished crypto analyst.
<br>You have for the last eight months of your steemit life, proven to be the complete personification of hard work, intelligence, commitment, courtesy, and good manners whether on twitter or on You-tube, and on steemit.
<br>This way, you have captured the love, respect and loyalty of thousands upon thousands, who have today reached the historic number of 25,000 plus..
<br>Today all these peoples wish to above all, proclaim their love, respect and honor, to you, but also their thankfulness and gratitude for your impact on the growth and future of steemit. 
<br>Among these peoples are countless minnows, dolphins and whales that you every now and again, support, and who in turn, support your great works, through upvotes, and constructive discussions on your blog.
<br>In this way, these thousands daily affirm their faith and trust in your great mind, and its unrivaled ability to understand the crypto industry.
<br>I know in the celebration of this great day when we your followers finally reach the unparalleled number of 25,000, all of us the 25,000 would love to individual say a word of gratitude, a word of encouragement, and a word of adoration.
<br>I know of thousands who would wish to give several testimonies of how your technical analysis have helped them; <br>Overall, i know of thousands who would wish to extend personal gratitude to you,
<br>However, overall, it has to be said, in the celebration of this historic day, that we are glad to share your journey, and look to you with faithful trust as a symbol of our faith in the future of steemit, and in our individual financial futures.
<br>Obviously as i write this, I know that you are too busy thinking and working out the great technical analyses for us your followers, the entire steemit community, and the world over, and so you might have not even noticed this historic feat. 
<br>But wherever you are, whatever you are doing, i pray that some passerby, or neighbor will read this and knock on your door with this few but sincere and heartiest words of love, respect and honor. 
<br>I speak for myself, but i obviously echo the  popular sentiment and thoughts and love and respect and honor of 25,000 loyal and faithful followers. 
<br>What is our message to you, besides the outpourings of love and respect and honor? It is this: 
>You are our financial help; our financial host; our financial hygiene - our haejin.

<br>And we make you this promise:- however and wherever you will go, we will walk with you. Yes.

>Know, @haejin, that behind you, and if necessary, before you, now marches an army of 25,000 loyal and faithful Steemit followers. We love you. 

<center><H3>May our shared present and future be blessed with</H3></center>
<center><H1>MASSIVE PROFITS</H1></center>

<center>https://steemitimages.com/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV/DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif</center>

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vote details (17)
@kryzsec ·
<b>E = mc<sup>2</sup></b> is not correct.
<b>E = |mc<sup>2</sup>|</b> is correct and only correct assuming you ignore the motion/velocity of the particle, otherwise the correct formula is
<b>E<sup>2</sup> = m<sup>2</sup>c<sup>4</sup> + p<sup>2</sup>c<sup>2</sup></b>

You could also say that:
<b>sqrt(E<sup>2</sup>) = sqrt(m<sup>2</sup>c<sup>4</sup> + p<sup>2</sup>c<sup>2</sup>)</b>
and assuming <b>p = 0</b> then you may simplify to:
<b>E = sqrt(m<sup>2</sup>c<sup>4</sup>) = sqrt((mc<sup>2</sup>)<sup>2</sup>)</b>
which simplifies to:
<b>E = |mc<sup>2</sup>|</b> or <b>E = abs(mc<sup>2</sup>)</b>
Notice how none of these are E=mc<sup>2</sup>. 

Anyways you talk about the photoelectric effect which is energy from light (light has no mass therefore |mc<sup>2</sup>|=0 and your explanation breaks down) you would use
<b>E = |pc|</b>
where p is the momentum.

>All biologic material absorbs specific light frequencies.

Its not a trait of biological materials but a consequence of the interactions on the quantum level. All molecules that interact with the electromagnetic spectrum (so all matter we know about excluding dark matter) will react with different frequencies of the electromagnetic spectrum. 

>A bit complex and your head could hurt with all the quantum physics

This isn't even the super complex stuff (and no this isn't a peacock showing its feathers moment) 
The material covered in this post is, well, shall high school (secondary school) level science... like the very basic introduction to quantum world in physics you cover material such as blackbody radiation and then you spend a chapter analyzing hydrogen and discussing about why it interacts with the electromagnetic spectrum as it down and then you look at other molecules and realize the laws that work for hydrogen don't work so you bring in dirac and others to provide a better definition on how an electron behaves. You then get a method to approximate the interactions between em (electromagnetic) particle-waves and their interactions with matter (ignoring not-so-simple simple harmonic motion) and still we are only covering a weeks worth of classes as the introduction to the subject and we have gone way beyond the knowledge presented in this post. 

>By the way, getting a good dose of AM and PM sunlight is critical to good health. Sunlight in your eyes and skin..no sunscreen needed.

Sure, but sunscreen is suggested due to one of the major molecules in our body (don't know if you know about it, its called deoxyribose nucleic acid, or DNA) reacts with em particle-waves in a way that can be very deadly and sunscreen is specifically made to interact and absorb some of those waves that are energetic enough to cause damage to that molecule...
<hr>

I am done picking this apart, rant over.... Just, next time you want to talk science.... make it correct, please.
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vote details (2)
@cryptonfused ·
E = mc2 depending on what you are referring to. Is it the total energy of the system? The energy of a particle in its imobile state? ..... If you go into relativity you find a different formula,that is at a micro level and the speed of a particle nearing the speed of light.
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@kryzsec ·
This is covered in the post and this equation is derived from special relativity.... The Mass-Energy duality is defined as 

<b>E<sup>2</sup> = m<sup>2</sup>c<sup>4</sup> + p<sup>2</sup>c<sup>2</sup></b>
which was derived and used in special relativity... <b>E=mc<sup>2</sup></b> is the incorrect way people write <b>E=|mc<sup>2</sup>|</b>
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@winnieoriana ·
Very wise words, from a very wise man. There is only one statement I don't agree on: ".......a Crystal Ball and unfortunately no living being possesses that."

We all have to be so glad nobody has that Crystall Ball.
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@danpaulson ·
Looks like the rats are back.
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@youareyourowngod ·
$11.76
@haejin you are really not doing yourself any favours here.

This is not new content and is word for word the exact essay that you have posted 4 months ago, it is just copied and pasted . The least you could have done was to decline payout on this one alone!

![Screen Shot 2018-03-02 at 07.28.10.png](https://steemitimages.com/DQmSSq6qrb8M6fmdjXiYne6ajX8Fq5wNbcjsE4oPrw1CcJy/Screen%20Shot%202018-03-02%20at%2007.28.10.png)

https://steemit.com/busy/@haejin/2qmas8-essay-is-technical-analysis-a-quantum-event

Flagging only for unoriginal content.
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vote details (43)
@noternexto ·
he said in one of his videos from a couple days ago he was going to repost this article, I mean is his article he can do whatever he wants with it. don't upvote if you want.
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@youareyourowngod ·
>he said in one of his videos from a couple days ago he was going to repost this article, I mean is his article he can do whatever he wants with it. don't upvote if you want.

Oh of course - it's a fantastic article and I loved reading it both this time and last time when I upvoted it 100%. 

However, to expect another payout (especially in excess of $200) for a post which is simply a copy and paste is an unfair take from the reward pool. The payout was already received by @haejin in his first post, so why would another payout be fair?

If everyone copied and pasted their old articles the system would be full of regurgitated post's.

If your not familiar with how the steemit system or reward pool works, please take a look here:

https://steemit.com/abuse/@public-eye/why-the-beef-just-do-what-haejln-does
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@tavera509 · (edited)
This is a beautiful essay. Thanks for sharing these valuable thoughts and reflections that you have gained throughout the years. Indeed everything is interconnected and the cryptocurrency market is just a mirror of our fear of losing money and our greed to have always more. I'm grateful to have joined Steemit and be able to read such a great content. Kudos to you!!
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@matthew.awesome · (edited)
I've upvoted this because I think it will generate a lot of discussion. However you're use of the term 'Technical Analysis' is amorphous and ill-defined. That said, you make some interesting points, but beat around the bush quite a bit before making them. 

When using a bulk term, such as 'Technical Analysis', the reader should have a firm understanding of the term within a sentence or two, or, at the very least, within the first paragraph. However, upon reading the first three paragraphs, I have no Idea what said term stands for. I suppose you're speaking to an exclusive crowd that will 'get' the term, but in general, to increase mass appeal, I recommend assuming that no one as seen the term 'Technical Analysis' in the context you present said term in.
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@coin.info ·
**Coins mentioned in post:**

Coin | | Price (USD) | 📈 24h | 📈 7d
- | - | - | - | -
**DNA** | EncrypGen | 0.498$ | _8.51%_ | _86.77%_
**EOS** | EOS | 8.375$ | _-1.13%_ | _-0.63%_
**QAU** | Quantum | 0.221$ | _-0.72%_ | _1.42%_
**WAVES** | Waves | 6.610$ | _2.82%_ | _-0.04%_
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@brindocorp ·
cool.
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@brindocorp ·
@haejin bro... I need your help.
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@aguskhairi ·
good post :)
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@elfauzan ·
I post good quality memes, to entertain The Whole Community, check my timeline!!!
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@elfauzan ·
I post good quality memes, to entertain The Whole Community, check my timeline!!!
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@maryaround ·
Thank you for sharing this again. I somewhat agree what you have felt from analysis tons of chart for cryptocurrency. And I got inspired most of your insight. Apprieciate it! Upvote :)
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vote details (16)
@twistedcheft ·
Thanks for sharing @haejin
Great job
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