The Circles of Life are Fib Circles that can be of assistance for Support and Resistance Levels (S&P). They can also give traders a good overall picture of the Market, particularly BTC or an Alt coin. This is a Bull Market with Corrections at those various S&P levels. Good Luck everyone.
Renko is a good trend indicator. It can be use with Helkin Ashi for cross checking the Trend. Similar to most Trend Indicators, Renko can be lagging. As Renko indicates, this is a Bull market reversal from 3.2k at the MA200 weeks. While there would be corrections at various levels (including fib levels), the overall Market Trend would be bull.