Typically financial products like stocks or currencies move in non-linear trajectories, and IMO it can be seen as moving in higher dimensional space (X). The price we see in the chart is nothing but a projection of this one. Most of the technical analysts were trying to linearize using some transform/mapping function (indicators), or by drawing some trend-line. What I’m doing here is trying to project(decompose) this X into linear directions (non-orthogonal). This in fact is nothing but guessing, but these 2 directions I chose fit the most trend lines (lines that connect top-top or top-bottom). Then I compose these 2 directions (vectors) to get the final one. This method for sure can be incorrect due to randomness we all know in this market but I hope it would give some insight into the future. As a result of this, bitcoin price level can be as low as 22k6 and 16k5 before some pull back..
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.