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...
inspired by @spoofyy ...it's easy to look at the log rainbow and think uponly. ***NOTE: you can't lock chart when in log mode...so you'll have to play with the price scale (squeeze and stretch) til the spiral fits the tops like it did when i posted it*** but when you account for bitty topping out at lower and lower fib levels within the rainbow...you can see...
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...
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,...
These are all the major crashes that held in the Indian market
Why is Bitcoin consolidating on the 8H timeframe? Because of the median line of the macro channel serving as a (temporary?) support. We have never retested a multi-year previous ATH in Bitcoin's history so 20k better hold, if we get there. Lose 15k and cryptos going to hell, IMHO. Please like and share if you appreciate this market update. We are algorithmic...
this spiral has been strong resistance so far so i wanted to share it. never financial/trade advice...mostly documenting my learning/wondering/wandering process. i'm professional noob but this is results of this thought blob posting separately so i can find it more easily summary: root 5 spiral made from vesica piscis (yas, literally "fish bladder", it sounds...
There's an upside for the story: there's an upside for Ethereum on the short term. The downside is that the medium future is rather bleak. Etherium's curve seems to be going through a classical shedding phase since a while. From a geometrical perspective, it is hard to imagine a reversal soon; on the contrary, an avalanche similar to what happened with Bitcoin a...
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
i think i was playing with pitching the circle here (tilt your head), and considering it could be pitched in two different (probs more) ways. then did pitchfans of triggernometric triangles and copied and pasted them to diff reversal points. trying to learn thru play...putting it all together slowly and messily :-) maybe i should just get a coloring...
Posting this mostly so I can find it later, and some thoughts/guidance from actual mathemagicians would be wonderful :-) . these types of thoughts are constantly dancing around my unmedicated adhd brain like "too many notes" all the time...coupled with a math career cut short right at trig and i'm just confuuuuuused but intrigued and would love to talk to other...
just kitten around...sketching out/playing with this idea again...anxious to enter meatverse for the day and also TV's being discrete w/time (and finite w/zooming out on small TFs) makes precision with esp circles and spirals difficult root 5 spiral (from vesica piscis) of last bull/correction tops...that I did fit, by sight, to recent tops but am guessing being...
I predict EU will fall due to USD strength on/near June 14-15 (FOMC) meeting. Then, the Euro will strengthen on the wake/post ECB meeting at the end of July (26).
I really hope you can see this but I believe there is another push up to get that median line plus to finish the impulse wave up. Looks good, highly volatile. I leave the macro view below.
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