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
2 diff spirals. one made from 2021 tops, and the other made from this summer's pamp. trendline is just trendline, kinda wonky as trendlines are
but it did break out of the triangle i talked about a couple posts ago, where the timeprice fib called reversal at 1.414, but that was this same 2021 tops spiral, bestfit vs wicks
maybe it's the ptsd, but i'm...
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,...
hi, hope all is well and you are all taking care of yourself
*boomer rant incoming*
the crypto market is the worst of all corners of the internet and finance. a bloodthirsty chimera of all our traps and shortcomings on the designer steroids of tech. "the crypto space" is designed to make you miserable, alone, addicted, ashamed...in a state of mind that makes...
more assured version of this idea with timefibs
spirals made from 2021 tops then visually fit and triangle highlighted, getting tight
timefibs made from converting price to time (a la the guru you should be watching yesterday michael s jenkins - www.youtube.com)
aka $64k top = 64 weeks from that top
& 69 weeks from $69k top
watching this as a resistance,...
spiral of time between 12/2013-12/2017 tops, all same spiral, solid = clockwise & dashed = counterclockwise
fit to tops and bottoms, vertical lines tangent = reversal dates?
scale = 1000:1
resistance, and price crossing outside of it indicating trend reversal (aka price moving outside the trend indicated by the boundary of the shape), seems legit but i'm really...
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,...
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...
