ETN curved channel and trajectory
This is a curved projection channel created upon a bounding box. The chart is presented over a LOG price scale. For its creation we use 3 "curved line boundaries" that cover the center, upper and lower limits for potential movement. 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.
The trajectory for a BULL run is highly probable due to accumulation, magenta channel scope and downtrend momentum ending. By oscillation price is gathering a strong potential for a big LONG position.
Just sharing my personal charts for learning purposes only. This is not an investment recommendation.
The trajectory for a BULL run is highly probable due to accumulation, magenta channel scope and downtrend momentum ending. By oscillation price is gathering a strong potential for a big LONG position.
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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