Databyter

Databyter 87 views ・

It is my noob believe that either one of these is major resistance or support, and if we close a candle or two above these lines, I will close any short positions and consider some bullish options despite the predictions of lower consolidation. I don't believe we can break this resistance without some serious bullish pressure, but it would have to be confirmed,...

Databyter 64 views ・

On this chart, look at how the price action corresponds to the fibbinachi channel I use, and how it is currently resisted at the top, and supported by the 100 ema on the bottom. That fib is really amazing tho, even as the channel changes, so does the price action, even diagonals down with it at each point the channel changes, it diagonals down with it. I usually...

Databyter 177 views ・

This recent dip was high volume over a period of minutes, i.e. a whale. There are recent history records on the chart, that show usually a sideways action after the dip, where people are analysing, and then usually a FUD driven downtrend 400 points more or less down, over time, and then eventual recovery when people realize that there are no more whale dips, and...

Databyter 121 views ・

I Charted this Trend line because I think that a lot of the price action in BTC history was a bubble and therefore an unreliable prediction of true value. The premise here is that the true value is closer to the all time lows, than to the all time highs, and the unsustainable spikes. However, I do believe that the all time lows are also undervalued. To display a...