Quick look at the inverted 2 weekly chart and Bitcoin still looks bullish here, or "bearish" on the inverted chart. Even if it dropped down ("popped up") to 9-12k first, it would still look bullish ("bearish") when looking at it from this perspective.
We've been in a bear trend for a while, so we are used to looking at down-trends. So..look at MATIC Polygon in the 5 Day time frame, huge Head and shoulders forming, and if this chart plays out, remember it's INVERTED target is $1.60 the common FIB 0.5 retracement of actually increase.
Really Trippy buy if you understand it Matic could have enough steam, but...
#gold #xauusd
Sell this zone 1807.5 - 1810
TP1 1792
TP2 1786.8
S/L 1811.75 risk around 4 $
If Gold can drop and break the green circle ( see the chart), It may drop sharply to target.
Note: I avoid directional terms like "downside" or "upside" and instead use terms like "price growth", "trend continuation", "price decay" to avoid confusion when referencing the inverted chart. "Support" still means supportive of price growth and "resistance" still means resistance against price growth.
Running through a scenario with the inverted AVAX/USDT...
BTC INVERTED 1DAY MACD (12, 26, 9)
Triangle
1 macd btc run start to macd ath
2 macd ath to macd atl
3 macd atl to macd btc run start
BTC INVERTED 1DAY HEIKIN-ASHI
Triangle
1 btc run start to btc macd ath
2 btc macd ath to btc 3/25/21 low, dotted extension to triangle top
3 btc macd atl to btc run...
If we flip COIN upside-down, it might give us a shiny new perspective on this stock.
I threw two horizontals on it at $250 and $310, given the psychological significance of these areas,
and also because the surrounding price action
suggests that they are important support/resistance levels.
We can also look at the VPVR (volume profile visible range -
the...
Sometimes you need to step back and take a look at the bigger picture, but this is a BTC chart not enough traders take a moment to view. The USD value is inverted, so bullish movement takes BTC "down", whereas a bearish fall takes BTC "up", and is helpful for removing your bias (and we all have one to one degree or another). Take a fresh look at this chart and...
Inverted Xrp / Usd chart, that invalidates any pessimistic tendency. The inverted chart "can't" have the same nature as it opposit.
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Thank you!!!
Turning on the inverted chart option for BTC can really put things into perspective. As we can see, this is a classic ascending triangle pattern with a flat line of resistance around 9000ish, followed by a series of higher-low's after each rejection. I have gotten rolled over the coals for being bearish on BTC in this region, but that is likely by the same people...
![AVAXUSDT: AVAX/USDT Consolidation -> Trend Continuation [Inverted Chart]](https://s3.tradingview.com/m/MpwEqqIS_mid.png "AVAX/USDT Consolidation -> Trend Continuation [Inverted Chart]")
