BTC trends you won't find anywhere else.
See the original chart with DWEB trend made Gann fans.
Symmetry, alignment, and intersections provide confluence, levels and possible major pivots within the 4.5 day window on each side of the vertical lines.
Long term, I am always long. This is broad outlook and we have a long way to go, so this is not a signal chart. This gives you trends to follow as support and resistance, live.
This is only one feature of my custom indicator DWEB which seeks balance and equilibrium points in both time and price.
Dweb
Just Sharing One of my charts I built for myself. The idea for these charts is to see how they unfold and build trust. I will say that the lines you see are intentional and built from some pretty solid data I use. The price may respect the curves as time pushes it through each ring. Also there is much more that can be added by using tangents and intersections. You can imagine how busy the chart would be at that point. This is my chart, not really meant to share but I can understand it. Keep that in mind. Finally, the shaded areas ahead may hold some pivot data if this chart is valid. INDEX:BTCUSD
DWEB SpyOPS indicator used for Gann and trend tools.By turning on different elements of the indicator, you get see how the trends project some nice short term trends. I have shown one of the biggest use cases on how to use DWEB via the trend nodes. These are great for just about any drawing, geometric, Gann or Fib tool.
See Below
DWEB levels and local price trends #BTC This chart is for intermediate DWEB users for learning purposes and or for followers to use for trading this local price action. If trends fail look for the next trends and levels for confluence against a system you already trust. Trends are #1 and levels are #2. Trade this chart with more trust as the price respects the lines and or this chart aligns with your other charts (confluence).
By using the nodes and trends from DWEB , I was able to cast some unique visuals in terms of trends and levels. Using different candle intervals can often provide some hidden data. Often when you inverse the default intervals and indicators , you unhide even more data that is unseen by most. DWEB is very strict in it's parameters and often only makes minor adjustments between macro and micro charts.
The thresholds of ranges where DWEB makes wider changes to its parameters is listed below.
1 to 314 minutes
314 to 888 minutes
888 minutes to 1444 minutes
1D TO 3 D
3D to 1W
1W to 9D.
With DWEB on
Free DWEB 9D trends on ETHHappy Holidays!
If you follow me, you will be familiar with the powerful tool DWEB. Here I have created a 9D chart and included 3 major trends to follow against ETH's price action. If you have studied my work, you will also know there is much more data that can be easily added to this chart for future / pivots and levels
Use the "Make It Mine" option in the bottom right from your PC, laptop, or tablet.
If you are using a phone, always use the Desktop Mode in browser settings to view Tradingview charts.
With DWEB (trends only) indicator turn on.
I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals.
My noisy chart. Yes, I trade these.I make these for myself and I am sharing this as-is to show how you can use alignment, geometry, price/time to capture price action with trends and pivots from intersections. I know how to read it because I built it but I hope this is proves valid confluence for others. The simple way to look at it is to follow the price , and see if it respects the trends or fails/rejects them. Pivots are marked with vertical lines and most are colored to correspond with what should be continuation/momentum. These colored areas will be great data regardless as you will be able to at minimum be able to use them as divergence (mark the price/time with a crossline) if the price does not react (change direction) that may also be data worth having because these pivots/zones are 100% meaningful. Horizontal lines can be added at all MAJOR intersections for simple price levels. You can add Fib tools and Gann fans to and from corners and intersections to build your own chart. This will also allow you to extend the chart past the current drawing limits as these trends will work for at least a few more months.
COINBASE:BTCUSD
BINANCE:BTCUSDT
INDEX:BTCUSD
Short term N
Long Look I am always long on BTC big picture.
LTCBTC vs BTCUSD - Altcoins - I noted that BTC would pause around 28k and alts would play catch up. This is a necessary sweep for alts as new money in terms of fiat are falling flat. The timing is perfect with momentum strongly in Bitcoin's favor, the algos sold off / liquidated alts into BTC for mild gains (in BTC pairings) but in return now get to capitalize on those gains + a discounted alt price + confirmation of many alts retesting lows. It really is a beautiful thing to watch. Having reduced my position each time LTCBTC failed one of my major trendlines, I found being patient to renter very difficult. Soon it became apparent that alts would decouple from BTC and do some "discovery" below. Now is the time for being dedicated to a plan and diligent to see it through. That could be in the form of confirmation of the price capturing a level above or you could simply start taking a position here, only adding to it with more drops and/or the confirmation mentioned previously. Personally I like the odds and if your plan includes risk management than even better.
Copy of BAT keeper Chart with DWEB trend Gann fan added. See original below with DWEB trends turned on. DWEB trend nodes are marked with red shaded circles. The Gann fan simply connects nodes at a 1/1 ratio.
This should prove to be an added tool for price prediction.
What to watch for in terms of price action:
Price captures trends?
Price respects/follows or rejects/fails trends and retest?
Look for patterns and make buy/sell thresholds.
How does price react at each crossing at each drawing?
Trade confluence and confirmation based on your timeframe and risk limits.
Long-term outlook I want to build longs only if I see confirmation and confluence across multiple charts.
See link to part 1 (private chart )
Geometry, 45 Degrees, and Symmetry TELIf you look closely you will see a parabolic curve created by the DWEB trend indicator. I used this to create an ellipse that followed the curve, cloned it and then created another ellipse from each intersect to provide centers, tangents, and more intersects. The levels shown should hold some good data in the future. I could add some local pivots vertically with the same method but I want to share a cleaner chart this time. Use "MAKE IT MINE " option to clone the circles and make future trends/points of interests.
Watch the price at each level and how it reacts to the parabolic and each level provided.
DWEB Indicator Ping Averages BTCUsing my DWEB indicator which is full of price/time data, I condensed and isolated the price/time pings that show up as nodes and made averages for them. These nodes are also great for drawing trends to predict future price action/levels. Please reference the tweet to see a full picture of the chart with DWEB averages on. We have a huge test here but a rise in the comparative future is inevitable.
I will post more snapshots of the chart with indicators turn on below.
From DWEB Trend Intersect Video LTCThis is the chart in the video previously published. The only thing that was added is an inverse Gann fan from the top right corner. You will see this fan captured the previous peak near perfect.
I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals.
Description from video:
From previous shared chart showing some DWEB levels (dark red), I simply used those intersections to draw 90 degree lines to the points to connect the Gann trends above and below. Next (holding shit) connect those intersections with 0 degree lines and find more common intersections. You may think this is pointless but if you think about how many points align with the price action and general pivots , it's pretty amazing. This is just a foundation for more predictive models that can be built moving forward. This includes squaring, Gann box , Gann fans, additional intersections, trends, pivots , levels etc..
I'm perma-bull when it comes to BTC , LTC, and ETH as a long term investments. Please trade your own timeframe goals.
DWEB Alignment Tool and Gann fans on Litecoin $LTC See original here:
You will see how easy it is to create trends that hold against price action and also provide data needed for an added layer of trend/level/pivot prediction (advanced).
This is just 1 example of how you can use the node and trend alignment tool.
With the indicator on, connect the corresponding (red or green) nodes that have straight lines between them. This example show Gann fans placed by centering the start point right in the middle of the starting node and ending at the following (end point) node. It's really that easy and you will be surprised by how much having this simple chart will help you make better decisions from a confluence standpoint.
Read this by following how the price reacts to each trend. Does the price respect the lines? Is the price sticky to the trends or does the price change oppose them? With practice you will start to develop a new sense of direction and how to (at minimum) protect more capital.
I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals.
BTC DWEB Gann fan from video. I made this fan during a video explainer on how the alignment tool works for DWEB and Gann fans. I feel it would be a good idea to publish the chart to follow as well. The original concept was to show how you can create some confluence of your own, even after chaos.
See video link below.
Gann Alignment Tool for DWEBThis is just one of the use cases for DWEB (Dynamic Weighted Equilibrium and Balance). In addition to giving you amazing data and visuals regarding the health and strength of an asset, this hybrid drawing feature adds a whole new dimension.
I call the dots "taps" and they signal very specific reactions based on price, balance, volume, and most importantly time. These taps hold data that allow you to find hidden trajectories and natural price action in the future.
The video will show you how to build very accurate Gann fans in seconds. Though this may be unconventional it's purposely built to provide easy, meaningful, natural, and very accurate fans that always provide valued data (if you know what to look for).
Choosing the best taps for alignment is the art but most of the time I use the longest and/or the most recent.
On smaller timeframes you can use the GREEN and RED taps together to find intersects that hold great data for levels, Fibonacci, additional Gann tools and geometry based charts.
Along with Bonfire (indicator) for squaring and pivots, users that put the time in to learn this system will be rewarded.
This is a pay for use indicator. Please contact me via message on TV or Twitter regarding payment via cryptocurrency.
Bonfire built trends and intersects DOGEFinding true square and natural alignment with Bonfire indicator. Paying close attention to the advanced indicator and current price action, I found some hidden intersections that really matched well with some of my levels on previous charts. To use : Follow the price along each trendline and/or Gann fan. Does the price respect it? Look for wedges that build pressure for big moves up and down. Does the price stop right on the line or drop well below? Posting as neutral because we are at a fork in the road or decision node leaning towards a break upward.
See Part 2 " The Flip Side" HERE