I made a few major adjustments in my indicator's formula and here are the key levels based on calculations. I am currently trying to see if this new version responds and reacts better to BTC's price behaviour.
Notice that the 70% and Upper 50% key levels confluenced with the actual prevailing 50% area (yellow lines), thus forming the confluence zone. This zone is important because if price close below this area, BTC will then attempt to reach the Median 50% and Lower 50% levels. This is where BTC may plan to wait for enough volume of BUYERS, thus considered to be the next potential support area. On one hand, if price closed above the confluence zone (at the time of writing, a green candle is actualluy trying to break it), a divergence may occur.
I would still place a SPOT GRID order starting at the Upper 50%. But if divergence candles continued to go up further, the GRID values needs to be revised.
/please DYOR/trade at your own risk
Notice that the 70% and Upper 50% key levels confluenced with the actual prevailing 50% area (yellow lines), thus forming the confluence zone. This zone is important because if price close below this area, BTC will then attempt to reach the Median 50% and Lower 50% levels. This is where BTC may plan to wait for enough volume of BUYERS, thus considered to be the next potential support area. On one hand, if price closed above the confluence zone (at the time of writing, a green candle is actualluy trying to break it), a divergence may occur.
I would still place a SPOT GRID order starting at the Upper 50%. But if divergence candles continued to go up further, the GRID values needs to be revised.
/please DYOR/trade at your own risk