Pitchforks create a type of trend channel.
The trend is considered active as long as the price stays within the channel.
Reversals occur when price breaks out of the channel.
There is a center median line (trend line), as well as sets of lines above and below that median line.
The additional lines are set a specified number of standard deviations away from...
Frieza transformed and shorted Btc/Zeni with 500x leverage at the 0.618 fib knowing that King Kai had been hodling since 32k. Now the heikin-ashi are being pulled down with 100x normal gravity. Goku needs to go all in and power up to 40,000 to stand a chance. It will take a 20x kaio-ken kamehameha to get to 50k, and then a massive genki dama to ascend to...
BTC INVERTED 1DAY MACD (12, 26, 9)
Triangle
1 macd btc run start to macd ath
2 macd ath to macd atl
3 macd atl to macd btc run start
BTC INVERTED 1DAY HEIKIN-ASHI
Triangle
1 btc run start to btc macd ath
2 btc macd ath to btc 3/25/21 low, dotted extension to triangle top
3 btc macd atl to btc run...
BTC 1DAY MACD (12, 26, 9)
Triangle
1 macd btc run start to macd ath
2 macd ath to macd atl
3 macd atl to macd btc run start
BTC 1DAY HEIKIN-ASHI
Triangle
1 btc run start to btc macd ath
2 btc macd ath to btc 3/25/21 low, dotted extension to triangle bottom
3 btc macd atl to btc run start
...
DXY touched a critical support trendline formed from the Feb 2018 and Jan 2021 lows,
and is now hovering just above that line.
Also, at the end of Mar 2021, DXY was rejected at the 300 EMA,
which was previously a significant support :
Now DXY is in a tight spot between the descending 300 EMA and the critical support trendline.
I think that the next few...
If we flip COIN upside-down, it might give us a shiny new perspective on this stock.
I threw two horizontals on it at $250 and $310, given the psychological significance of these areas,
and also because the surrounding price action
suggests that they are important support/resistance levels.
We can also look at the VPVR (volume profile visible range -
the...
Here is a nice clean look at the key horizontals from the 27k - 45k price range, from when BTC was on its way up earlier this year...
and how they look relative to where BTC is currently trading at.
// Durbtrade
COIN seems to have lost its way this week.
After last weeks mostly horizontal movement which could have eventually lead to some modest ascension,
this week has proven that COIN is still struggling to find reliable horizontal support,
starting off at around $300, only to drop to $275, followed by $250.
Any significant upward price action has been met with...
Long you live and high you fly
but only if you ride the tide
balanced on the biggest wave
you missed the starting gun
you run and you run to catch up with the sun but it's sinking
half a page of scribbled lines
hanging on in quiet desperation
no surprise that they're giving none away
us and them, up and down
with, without
the paper...
Current map of the Bitcoin Candle War.
Grand Triangle... the most massive triangular conglomeration of intense BTC battles that I've ever seen.
It all looks long to me.
// Durbtrade
A three-dimensional approach to applying fibs, using my latest creation...
what I call a fib sphere.
Adjust the time and price scales to unlock its mystery.
Enjoy!
// Durbtrade
COIN is still stuck in the downward channel that it's been in for awhile now
(atleast, from this perspective).
It shifted upwards a bit yesterday, and is currently lodged underneath the 0.50 fib.
The 0.50 fib appears to be COIN's heaviest resistance within the channel
(and although COIN did break through the 0.50 fib temporarily twice before,
it was rejected at...
COIN bounces out of the descending channel that it's been rolling in since the beginning of the week.
Has a base of COIN been established at 300?
Starting with a horizontal ray at 310 (the bottom of the big drop),
I began using rays to connect the higher wicks together, and then the lows together.
After that, I extended some rays to the left and looked at...
