Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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In calculus, the differential represents the principal part of the change in a function y = f(x) with respect to changes in the independent variable. The differential dy is defined by. where is the derivative of f with respect to x. In financial markets, the price movements that we see, the result of emotions of masses, are identified as patterns which form all sorts of cycles with different rate of growth that can be determined with angles. Rate of change in a math function is applied in TA as rate of growth of a security. Markets are unpredictable they seem chaotic and random. However, we know the phenomenon when price reacts to fibonacci levels in specific way and even can reverse the market. As if fibs have some sort of magnets that drags the price which is made iron ink. Since, most significant points of fractals are marked in terms of fibonacci ratios, we can use 3 FC to represent 3 rays of different angles to simulate the randomness of forthcoming possibilities of price swings. Wherever price goes, it will meet with fibs and react as corrections of the impulsive wave. 3 different agles of the most common directions perfectly decrypt all stages of the cycle and provides full coverage of which levels to expect next. It's like that moment when you hearing a music and instantly can predict how next note or beat will sound like. Patterns rhyme too. They are identified as fractals. For instance, we are able to observe at which angle of uptrend, the price has crossed and forced market into deep correction.
WoW Love your charts bro, amazing piece of art (chart) 👍🏼😎👍🏼
obeledavid1998
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What is the name of this indicator pls?
zootsuit9
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Do you have an opinion on what to expect next based on this chart and general sentiment? Seems bulls best case right now is sideways for the next month or so, then an attempt to challenge ATHs again. The triangle area sitting right below where BTC is currently priced could become very relevant in the next days.
fract
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@zootsuit9, check the most recent version of the chart.
zootsuit9
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Love these analyses. Very unique approach but the results speak for themselves.