Paying attention to the BTC value in alts is huge. Buying coins that are still at bottom value in BTC can really reduce risk if you are looking for an entry. I used Bonfire and DWEB to find Gann trends and levels to watch.
Looks like XLM has stabilized and is prepping for continuation in the near future.
Box trends built from Bonfire, DWEB, and Antilag indicator alignment. Dominance is pretty low here and I feel people are forgetting about BTC.
Please see my other post for information on how this works. I mostly want to get a snapshot of LTC on 45m to test some things out. I am sharing as public for short-term confluence.
Antilag gives a visual to price patterns. Marked symmetrical trends to add some confluence.
Alignment found using Bonfire. Cross-referenced curved harmonics and added Gann. This is not your traditional chart but often these trends validate to help me make decisions later on.
3D look at BTC using sine from fib resistance squared. Both charts have different highlighted sine plots but both show a certain flow compared to price action. The rectangle is centered between two main sine intersections and the 2019 low.
XRP has come to life but I am always looking multiple outcomes and optimal price action. Here you will find what I believe is the ultimate confirmation. Something I look for in mega volatile assets. A wedge here with a break above is best. Though it may bypass the wedge (many believe) I would prefer a proper build up with matching volume before the next pump....
The most bullish Bitcoin scenario is still alive but a push above the grey indicator is key. Please see the text provided on the chart for an example of how this bullish scenario may unfold. You have to visualize how the second group of indicators need to move to synchronize trajectory with the red and green stepline channels.
see original here Testing an indicator that stamps lines at specific price and time junctions. The signal is based on the micro reactions of a single candle to VWAP , and Gann measurements a places lines at key levels that are natural. This casts a price/time snapshot of when algorithms worked the hardest and adds and subtracts trajectory.
Levels and Gann trends I am watching if BTC should slip. I'm not saying this is going to happen but a quick drop down should always be in the back of your mind as possible. Long term I am always long on BTC.
See original below. This link chart s3.tradingview.com was built using Bonfire to find the price squared to time. The levels to watch are marked and a simple Gann fan is in place to track trends.
This is just one of the use cases for DWEB (Dynamic Weighted Equilibrium and Balance). In addition to giving you amazing data and visuals regarding the health and strength of an asset, this hybrid drawing feature adds a whole new dimension. I call the dots "taps" and they signal very specific reactions based on price, balance, volume, and most importantly...
Gann fan made from my DWEB alignment tool. Follow price along the trend. I will post original snapshot below.
Created using an alignment too built into my DWEB indicator. Follow trends and levels to see if they are support or resistance.
This is not a new idea or concept but it is something that should be visualized and prepared for. I'm not saying this is going to happen but I see this pattern unfolding on a few charts. All I can do is watch it live, manage risks, and look for confluence/confirmation patiently. I did reduce risk near the local and patiently await for some of my signals to come...
Pretty simple visual. LTC has been in accumulation mode in the BTC pairing for a long time. It's current PA looks like many other coins (like ETH) but lagging. Time is an important factor and one of the easiest visuals to apply. Start , End or Start, Middle, End. The channel is also just extending the most common mean (trend) and doubling it in height below....