This is a LOG chart which I adapt some idea of Angle,Velocity, and Cycle inspired by a bit of Gann. This means it is a just a very rough approximation. I do this just for fun and testing.
However, what we have learn from this is that BTC is waning in velocity between each cycle. Thus, we see a lesser angle between approx. cycle low.
The next possible pivot:
1.Yellow circle for moderate (approx. 40-50k)
2.Green circle for bullish (approx 80-100k) or Purple circle for bearish (approx. 15-20k)
This means it might be able to test the 40-50K and ATH, or going up and retest current support.
However, what we have learn from this is that BTC is waning in velocity between each cycle. Thus, we see a lesser angle between approx. cycle low.
The next possible pivot:
1.Yellow circle for moderate (approx. 40-50k)
2.Green circle for bullish (approx 80-100k) or Purple circle for bearish (approx. 15-20k)
This means it might be able to test the 40-50K and ATH, or going up and retest current support.
Nota
Angle-lines are shifted when I published or when you zoom in/out so the line is not aligned properly.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.