obvi not financial advice (are you HIGH??), just been posting sketches here mostly bc i need the help keeping track of them lol just eyeballed the top circle here, thinking i should disregard wicks (which is what i usually do when i draw regular fibs/i make them so the wicks are 1.09 or 1.128), then when i clicked my 'square roots' template, saw .707 (square root...
sine spirals of unit circle, visually fit to tops what does it meannnnnnn *cries in double rainbow* (see sketchpad rektpad for brainstorm)
AKA "trig identities on charts??? rekt" pt 2 other idea thread was getting a bit messy...but take a look at for detail/explanation of process/peek into my brainstorm wormhole lookin toasty triggernomnoms michael s jenkins gann, probably larry pesavento jim bartelloni candleboxai and gannjourneyman God
i think i was playing with pitching the circle here (tilt your head), and considering it could be pitched in two different (probs more) ways. then did pitchfans of triggernometric triangles and copied and pasted them to diff reversal points. trying to learn thru play...putting it all together slowly and messily :-) maybe i should just get a coloring...
A path to climb 50% OF ADA The chart shows that the trend has shown a lot of reactions to Fibonacci in the past, so it is predicted that these reactions will continue in the future, and based on this, I have shown a possible trend. It should be noted that most people who are experts in digital currency have predicted a good and growing future for this currency.
I feel pretty confident in the support levels drawn, probably more so if it breaks upwards - provided it breaks in the next couple hours. Another possibility is this and that probably looks better for if it drops. Won't really know until it happens and can see which one it decides to follow. LEND is also doing something similar right now, might chart it properly...
It's a graph like this which is most promising to trade with Futures! Clear support, and a 3% difference, so good to trade over a couple hours, but requires alot of attention because if it breaks up or down you don't want to be too slow to react (this trend started at midnight for me so I couldn't do anything fancy with it, but I have a long in place anyway :D )
Gah I was too impatient yesterday, should've backed myself! I noticed that all the alts retraced 50% from their highs when they had a major correction, so I had a short running on DOT and a couple others, but canned most of them too early. DOT and THETA were probably the best looking for a short yesterday. Kind of wondering if it'll test the 50% retracement if...
There's 2 drawn here hence why it looks a bit busy. Kinda hoping it'll retest that 5.8 low so I can get a cheaper re-entry, but its looking pretty strong up at the moment. My previous charts of DOT all held up good as well!! Actually managed to profit yesterday from it, its playing the game much nicer than BTC...
Smart move here might be to take some profit and put more in once it shows thats it's going to break thru the channels, although with my entry at 4.7 I can't see it retesting that level.....famous last words *insert sweat emoji*
The other graph is still doing its job, this is just to show what things look like when drawn from Top to Top, it has a few points that are touching but it doesn't look quite as predictive as the first DOT chart published, but is still good to keep in mind. Maybe if I update the other one I'll draw in these arcs manually so that they are shown but don't bog the...
Price/Bar ratio is set at 0.02 but things fit decently at 0.01 as well, currently both scales are useful
Lets see if these supports are correct, it's been tracking past couple days so would be nice to not have to revise it for a few more :D