BTC (Prj.2019.P04.E01).v3.Macro Level.New Developments

26 Ağu 2019

From a well known TA I follow. He posted this and I have incorporated it into my chart.
FYI. His is the bottom indicator.
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FYI. I'm bearish at the MICRO level (still a student) but BULLISH on the MACRO level and still open to ideas like this one.
He has put up a good case with this tool and analysis, hence I'm sharing.
There is more to it but the picture should be enough. Its up to you to how you see it.

Also another perspective with Higher Lows.

26 Ağu 2019

Not

26 Ağu 2019

Not

Still a ranging market. The theory goes, if it squeezes in the upper quadrant, up it goes, if it squeezes in the lower quadrant down it goes

27 Ağu 2019

Not

closeup on MA rate chart

29 Ağu 2019

Not