ETH base data
Updated
A representation of the Ethereum price action, utilizing a unique combination of circles, a 45-degree angle, and tangents to uncover hidden patterns and symmetries.
The chart features multiple circles, each placed at significant points in the price history of ETH. These circles serve as markers for important support and resistance levels, as well as potential reversal points. By connecting these circles, we can visualize the underlying structure of the market and identify potential areas of interest.
To further enhance the analysis, a 45-degree angle has been applied to the chart. This angle, often considered a critical angle in technical analysis, helps to identify potential trend lines and channels. By aligning the price action along this angle, we can observe how the market has responded to specific levels and identify potential future price targets.
Additionally, the use of tangents has been employed to uncover hidden symmetries and alignments within the chart. By drawing tangents from key points on the circles, we can observe how the price action has interacted with these lines, revealing potential areas of support and resistance.
Overall, this tradingview chart represents a comprehensive and innovative approach to technical analysis, combining multiple techniques to provide a unique perspective on the Ethereum market. By utilizing circles, a 45-degree angle, and tangents, we can gain valuable insights into the underlying structure and potential future price movements of ETH."
The chart features multiple circles, each placed at significant points in the price history of ETH. These circles serve as markers for important support and resistance levels, as well as potential reversal points. By connecting these circles, we can visualize the underlying structure of the market and identify potential areas of interest.
To further enhance the analysis, a 45-degree angle has been applied to the chart. This angle, often considered a critical angle in technical analysis, helps to identify potential trend lines and channels. By aligning the price action along this angle, we can observe how the market has responded to specific levels and identify potential future price targets.
Additionally, the use of tangents has been employed to uncover hidden symmetries and alignments within the chart. By drawing tangents from key points on the circles, we can observe how the price action has interacted with these lines, revealing potential areas of support and resistance.
Overall, this tradingview chart represents a comprehensive and innovative approach to technical analysis, combining multiple techniques to provide a unique perspective on the Ethereum market. By utilizing circles, a 45-degree angle, and tangents, we can gain valuable insights into the underlying structure and potential future price movements of ETH."
Note
Don't get too excited until you see confirmation that a 45 trend is holding or rejecting the price. Also, the curve trends can act as negative pressure to the downside as well as support. Often when time runs out and the price has built up pressure behind a curve, it is forced to break through and up or drop down in quick fashion.Note
Disclaimer
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