circle made from june-nov bottom has acted as strong support and resistance. we're there now. spiral made from same bottom has also been stronk - it's started deviating from circle so resistance is around 28.5 here, maybe a wick? or could just be following the circle
it could always break thru - trendlines are made to be broken and it's been such a strong move...
Looking for a retracement point to enter in GU it's very bullish but that also means high volatility so gotta be careful and give enough room for the price to breathe. Lots of targets still to the upside that need to be hit before the price will be ready to drop if it decides to do so. Yesterdays entry didint even get close to activation dont want GU to leave...
circles are made from trend, just to make sure perpendicular bisector is correct to draw the pitchfork. regular pitchfork. then did octaves (as in 1/8...0.125, 0.25, 0.375, 0.5 etc) which michael s jenkins says is key to everything, probably has something to do with music and harmonics idk. pitchfork looks kinda like musical staff no? market in the key of b sharp...
idk, playing with lots of things here (spiral from bottoms visually fit; vertical spiral from circle on bottoms; circle from trend left where it is; same circle from trend visually fit to .628 (2pi/10) as resistance - with 1 and 1.128 forming support)
i think the most important thing to keep in perspective if you're sus of this kinda stuff is nothing is random,...
first of all i hope everyone is okay out there <3...so many opportunities to make money in the markets and, more importantly imo, out of them
time between tops in '21 was 210 days aka 30 weeks
spiral is radius of 210, circle is 30 (with growth multiple of 3.414 applied)
(you have to play with scale and with the diff tfs/time cycle measurements)
markets are...
the only way bitty can feel anything anymore is by messing with us...i would not be surprised if she does that here between the ihs arc neckline (2pi arc between recent tops, see previous chart) and the ihs LINE neckline...a retest if you will
(convinced the space between square/line and circle/arc has some meaning on these charts (which are just maps of emotion,...
lotta bear confluence here...which is my local bias. i do think recent low was a longer-term bottom we will range at for a lil while but nfa...
resistance is 2pi arc of the smaller circle you see (radius = between those two tops)
bearshark zone as well (included some bull harmonic possibilities)
ihs neckline
ihs and hs "fakeouts" are actually just PA...
these are all root 5 spirals (of the original circle...meaning the segment i'm creating them from is 2.236 times the radius of the original circle)
not only does final placement and direction of rotation (clockwise or counterclockwise) matter, but the positioning of the original segment matters. for example all of these spirals have the same radius but they look...
brought to you by the 11.089 fib harmonic
(last chart should have been one more fib level up from the 6.854 (meaning 1.618 x 6.854))
not sure where the pot of gold is
jk, but not financial advice obviously...just sketching and learning and talking to myself as per usual
1. visually square chart to a move (i chose the correction you see the square around)...i just realized you can do this by drawing a circle (fibonacci arc, click full circle) with radius time (totally horizontally) and another with radius price (totally...
my last idea was playing with price action dancing along the arcs of the circles created from time and its multiples and placed to recent bottoms
here i'm looking at drawing horizontal lines tangent to the circles...aka at the bottom-most point of the circle aka where a move of the same "distance" (considering price chart as a unitless chart, like a math problem)...
added some levels and tweaked placement, these belong at the first two of three bottoms
not sure where bottom will be or if we'll even go down more...2.718 (euler's number) is important supposedly (i think of it as inverse phi..phi is infinite outward growth and euler is infinite inward growth) and we're there now...but we wicked to the 4.236 so maybe that?...
disclaimer: NFA, i'm noob, i make this stuff up as i go. you should play too but always be humble and use stop loss and remember "this market.........is volatile" to quote bitboy
1. scale chart properly (this is 100:1; that means every $100 = 1 time unit which is 15 min here). this is important, and lock the scale when you find one you like bc if you adjust it,...
obvi not financial advice (are you HIGH??), just been posting sketches here mostly bc i need the help keeping track of them lol
just eyeballed the top circle here, thinking i should disregard wicks (which is what i usually do when i draw regular fibs/i make them so the wicks are 1.09 or 1.128), then when i clicked my 'square roots' template, saw .707 (square root...
Hello trader,
Nice week and profitable deals 💲
BTC1D Chart 🗝
In this chart we can see 2 FIB channels and
1Channel in LTF ✔
1 Fib Circle,Fib retracement
and MA 200 1D 🔑
I would like to mention that all I post are just options and my own opinion!
Always trade with SL, and do not risk more than 1% of your portfolio (max 3%) per trade.
If you have any...
AKA "trig identities on charts??? rekt" pt 2
other idea thread was getting a bit messy...but take a look at for detail/explanation of process/peek into my brainstorm
wormhole lookin toasty
triggernomnoms
michael s jenkins
gann, probably
larry pesavento
jim bartelloni
candleboxai and gannjourneyman
God
...With an even more bullish scenario.
I combined some dude's circular fibs + an approximation of the S2F levels + PLC and then added a fourth circular fib with the top being at PlanB's estimate. It revealed to me that this is the last major cycle for bitcoin, and we will soon break out and never return below this level.
You're living in history times.
