BitcoinLong
DWEB squared BTC, geometry and Gann fan
Updated
DWEB squared BTC, geometry and Gann fan from tangents.
The tangents where built from DWEB, giving the radius of the blue circle you see in the chart.
Using the scale on the right side you can slide the scale to fit the circle to price and/or nodes.
This scaling is important and you will see that not only did I catch the ATH, but was able to show a tangent to the previous ATH as well as important node data.
After scaling is complete, the radius from DWEB made a circle from the center of the recent, longest, red, trendline.
The tangents to the circle create inner and outer squares. You see just one Gann fan set to 45 degrees in the chart but others could be added to any corner or square
The red circle is from the tangent corner to the nearest red node. This could act as support or resistance in the future but a tangent has already been made from this to confirm an important level. Right now it appears the price breaking through the red curve would help keep it afloat for the time being. The price could be forced downward along the red curve as well
DWEB is an indicator I created to assist with predictive analysis. Please contact for more information and pricing.
See original below
https://www.tradingview.com/x/F5BTv523/https://www.tradingview.com/x/ews27ydh/
I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals.
The tangents where built from DWEB, giving the radius of the blue circle you see in the chart.
Using the scale on the right side you can slide the scale to fit the circle to price and/or nodes.
This scaling is important and you will see that not only did I catch the ATH, but was able to show a tangent to the previous ATH as well as important node data.
After scaling is complete, the radius from DWEB made a circle from the center of the recent, longest, red, trendline.
The tangents to the circle create inner and outer squares. You see just one Gann fan set to 45 degrees in the chart but others could be added to any corner or square
The red circle is from the tangent corner to the nearest red node. This could act as support or resistance in the future but a tangent has already been made from this to confirm an important level. Right now it appears the price breaking through the red curve would help keep it afloat for the time being. The price could be forced downward along the red curve as well
DWEB is an indicator I created to assist with predictive analysis. Please contact for more information and pricing.
See original below
https://www.tradingview.com/x/F5BTv523/https://www.tradingview.com/x/ews27ydh/
I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals.
Note
I rarely post charts as short. I don't like to give away data and also, I am permabull LONG TERM on BTC
Disclaimer
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