The cyan arcs show the curved limit trajectories. Middle cyan arc is tested at this moment for a break into BEAR or BULL market.
MAGENTA CHANNEL This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
To be honest... I don't know. If the "cyan thin dashed arc" holds the price I will hold more than dump because in the mid-long term I see an uptrend in a couple of weeks. I am checking both charts to have double validation BTC and USDT.D
This other chart:
showhab
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@heroselohim,great my bro thank you for your Careful opinion