BTC curved channel, trends and arc trajectory
This chart is the combination of 3 drawings and presented over a LOG price scale. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.
MAGENTA A manual curved channel defining the constrains of BTC movement since beginnings of 2021. It suffered minor adjustments and you can check it out on previous charts I published. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement.
GREEN A new indicator I'm developing to pinpoint trend exhaustion (breakpoint). It acts as a separator between uptrend and downtrend.
YELLOW A manual arc attempting to spot the middle trajectory on a shorter timeframe within the MAGENTA channel.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
MAGENTA A manual curved channel defining the constrains of BTC movement since beginnings of 2021. It suffered minor adjustments and you can check it out on previous charts I published. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement.
GREEN A new indicator I'm developing to pinpoint trend exhaustion (breakpoint). It acts as a separator between uptrend and downtrend.
YELLOW A manual arc attempting to spot the middle trajectory on a shorter timeframe within the MAGENTA channel.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
Find some of my resources here:
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
heroselohim.notion.site/Cryptos-a4564cce70aa45f4b0cbd9823e691f80
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