SOLANA - bulls and bears
Updated
Hello,
solid lines = support..... they become resistance in the future.
dotted lines = resistance.... the become support in the future.
I look for signature harmonic patterns, and then find them in our recent history... like from 2 similar moves prior, on whatever time frame. this account for the foreground and background arguments. one each level (at every scale) there is a harmonic pattern dominated by the bullish bulls, and then the one dominated by the bearish bulls... for example. so I go back 2 peaks, and start comparing wave counts, and expansion / contraction arguments...
We then verify the relevance of the match with the MACD and RSI patterns.
so this results in 4 lovely projections, or forces that are at play. these are overlayed, and fit, so that they respect the level lines. This shows us the likely behaviors to expect as we move through the levels....
We can then look to other time frames to fill in more detail, or consider what the indicators are telling us, as we confirm which trace is dominating.
We can then either leave the trace in its original position for reference, or adjust it to fit new data as it unfolds. an ongoing effort.
I do most of my work on DOGE coin. I believe DOGE insights the notion of LOVE... unconditional love, like mans best friend . . . who sits, stays, and goes for runs! good boy!
I also believe that BTC is unfolding as the largest pump and dump in all history, as the crypto traders finally caught the corrupt matrix money of the ETF's, and get to walk away leaving them an empty bag. ha!
solid lines = support..... they become resistance in the future.
dotted lines = resistance.... the become support in the future.
I look for signature harmonic patterns, and then find them in our recent history... like from 2 similar moves prior, on whatever time frame. this account for the foreground and background arguments. one each level (at every scale) there is a harmonic pattern dominated by the bullish bulls, and then the one dominated by the bearish bulls... for example. so I go back 2 peaks, and start comparing wave counts, and expansion / contraction arguments...
We then verify the relevance of the match with the MACD and RSI patterns.
so this results in 4 lovely projections, or forces that are at play. these are overlayed, and fit, so that they respect the level lines. This shows us the likely behaviors to expect as we move through the levels....
We can then look to other time frames to fill in more detail, or consider what the indicators are telling us, as we confirm which trace is dominating.
We can then either leave the trace in its original position for reference, or adjust it to fit new data as it unfolds. an ongoing effort.
I do most of my work on DOGE coin. I believe DOGE insights the notion of LOVE... unconditional love, like mans best friend . . . who sits, stays, and goes for runs! good boy!
I also believe that BTC is unfolding as the largest pump and dump in all history, as the crypto traders finally caught the corrupt matrix money of the ETF's, and get to walk away leaving them an empty bag. ha!
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