frankoverwood

playing with btc trendlines

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
noticing few patterns when btc             trendlines converge.

pic 1

In this picture i can see how convergence worked as support on price frame and also as top on time frame.
pic 2

pic 3

(scary)
pic 4

pic 5

as you can see in pic 4 and 5 when blue line converge with red line btc             create a support in both time and price frames.
pic 6



i see big big resistance from 70 to 100k and big big support from 8.6 to 4k.

im i the only one seeing seeing this entire thing? did i smoke too much?
lol, did I smoke to much.. These are good btw.
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see my charts
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