Second chart in my crypto life, made it with intensions to test my speculation about btc movement and pattern he fallows. P.s still learning the ropes with chart drawing , expermenting with tools and ideas
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made it to quickly , another lesson learned: dont rush :D
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need to configurate the color scheme asap , cant look or focus at dark and white is to chaotic
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Those arrows btw was meant to mean small ups and downs , basicaly concolidating in place , the green dot arrows forming a triangle is the purpose of this test chart i observed that at this pole and flag or wedge pattern ups and downs are almost periodical and geometric right so just curiuous if the dip will be in similar line now to support line
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i will try to use hot collor for resistance or downtrends and cold colors for old/tested supports spike points and similar , basicaly oposite of hot color lines
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i would start to concider shorting at this point
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I think its good im not trading and just speculating :D tho exited to see what will happen at 8.1
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Ling needs to short to save alts , tho it seems people are taking profit and giving btc short waves of sell pressure at last
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I hate that i cant edit chart now with phatnom(newely added) lines , should be inplamentet tho,maybe i dont look for this function hard enough
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Still believe i see pattern i was waiting for , just lines moved a little . Tho i dont use indicators for now at these learning tests just drawing lines
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Well this chart was shity so far
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not suggesting my other experiments are good tho , its all newbie work just this was the worst so far
Looks solid. How did you pick the number level for the green line?
Sheo
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@murraay, u mean horizontal one ? it acted as trend line more times than other concidared lines , had swing candles, never seen a pole and flag/wedge support/frame in highest point of pole and btc bounced up in solid way from it so just tried use highest probability for deciding where to put it
Sheo
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@triptamine, and it seems to me that 7900 is psychological line maybe stronger than 8k