Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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I have been trying to find a good method to approximate time for price movements. Spirals seem good, but I would like to test them for a while.
Comment
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I suspected that bottom trendline and was right. The second point wasn't there yet. Spiral was 100% on target! That is interesting.
Comment
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The second spiral was on spot as well. In the mean time I started drawing spirals by connecting bottoms or tops. Not bottoms to tops. The teal spiral is on the same position as new spirals. I wonder if the price follows it down to 6200 (50% of the last pump).