NFA.. Just a few squiggles on a chart.. Here is just a Sine wave replication of the 50MA (Daily) 0 offset But shifted vertically.. (Ribbons if you will..)
50 Day of the Sine wave going forward you can see this is respected acting as support/resistance.. Possible targets.. Well you can deduce from where likely reversals are to be found & likewise for breakouts and areas of consolidations .
I tried my hardest to make this as confusing as possible. Let me know how I have done..
For cleaner/accurate charts checkout TechDev_52 @JohalMiles For overall market wisdom/knowledge checkout @standfieldken 's work ++ cryptobirb ... #Bullish on #bitcoin
50 Day of the Sine wave going forward you can see this is respected acting as support/resistance.. Possible targets.. Well you can deduce from where likely reversals are to be found & likewise for breakouts and areas of consolidations .
I tried my hardest to make this as confusing as possible. Let me know how I have done..
For cleaner/accurate charts checkout TechDev_52 @JohalMiles For overall market wisdom/knowledge checkout @standfieldken 's work ++ cryptobirb ... #Bullish on #bitcoin
Feragatname
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.
Feragatname
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.