There is a wonderful base formation in a lower time frame, which is very convincing to me that down side might be capped from here ...
here is the link to that cart....
tvc-invdn-com.akamai...4836a470ef272787.png
Although this is a bullish projection before confirmation of a reversal of trend, if the base slides lower, i will update the charts here ..
Remember the point and figure chart is a 1D chart with out any time axis...
This was used by Wyckoffians in addition to a Vertical Bar chart in those days..
Disclaimer.. not invested/ not trading.. no cryptocurrency in possession right now..
Not an investing/trading recommendation
I am new to Point and figure charting and presently learning the same from HM gartley- Profits in stock market and Charting the stock market Wyckoff methods by Jack K Hutson
here is the link to that cart....
tvc-invdn-com.akamai...4836a470ef272787.png
Although this is a bullish projection before confirmation of a reversal of trend, if the base slides lower, i will update the charts here ..
Remember the point and figure chart is a 1D chart with out any time axis...
This was used by Wyckoffians in addition to a Vertical Bar chart in those days..
Disclaimer.. not invested/ not trading.. no cryptocurrency in possession right now..
Not an investing/trading recommendation
I am new to Point and figure charting and presently learning the same from HM gartley- Profits in stock market and Charting the stock market Wyckoff methods by Jack K Hutson
Comment:
s3.amazonaws.com/tra...shots/r/RYc88GkI.png