This is a power function regression of tops and bottoms. There is a separate regression for open, high, low, and close values for tops and bottoms. There is a separate regression for each possible iteration of bottoms ( both bottoms of a double bottom, only the lowest bottoms of a double bottom, the first bottom of a double bottom, etc.) The green circles show...
Chart is self explanatory. just a possibility. this chart uses monthly camarilla pivots and CPR. linear regression. custom oscillation. maybe find resistance around here up to H3. and if we do... maybe new lows at L3. all of this invalidated above H4
Price is still below the 4-hr t line, and is falling below the 15 minute t line as well. I'm looking for price to make a move toward demand, and get in on this long term trend back above both t lines. I'll exit when I see some divergence accompanied by a break of structure.
seems eur/usd has made a double pattern and expected to start an upward trend
Potential local bottom around 18k-18.5k. We've seen similar 3-part regression trend in recent sell offs. Hoping for small bounce before realizing true bottom. My guess around 12.5k is where we'll end up.
A lot of people have asked “Where is the bottom for Bitcoin?”. Of course nobody knows for sure but it is fun (and arguably important) to speculate. Here I’ve plotted the BTC price since several months prior to it’s parabolic run in fall 2020 to the present. I’ve added trend lines to smooth out the data and used linear regression channels to highlight the up...
#Bitcoin has been following the same regression curve since its conception. If it's to be believed that this curve will truly last forever, then #Bitcoin will also just be hurling towards its inevitable death spiral down to zero. While there are probably a select amount of people that still think this is possible, I personally don't subscribe to that theory. This...
Long-term price analysis using confluence of Log regression bands, SMA's, and Fibonacci retracements. Possible case for a test of the 400w SMA, based on % distance to previous all-time highs.
Interesting - regression trend tool seems to be automatically drawn based on price indicators. Is the regression trend bias? Interesting...
Theoretically, the price of oil should keep going higher as the finite resource is being vehemently overused. Yet, somewhat paradoxically, the advent of alternative energy could produce the opposite effect. Between those two dynamics lie the supply-and-demand pump of the oil states, tweaking the price higher and lower as it fits the pockets of the developed world....
Looking at a linear regression channel it appears Bitcoin is getting oversold at the lower 2 standard deviation band. It should easily find support at $36.5 - $37k the ranges it is now if it will trend lower. Charting a potential upward trend in a ghost feed for illustration...
Lots of confluence at the 3900 and 3000 levels; 3900 is at the .382 and the regression trend midline with a monthly + VAH just below. We see 3000 line up with the .66 retracement, another monthly level and the bottom of the regression trend.
This stock is often overlooked It is a part of Nifty-50, and major weightage in Nifty-Metal Index as well. It seems it is time that we get our eyes on this counter again The line drawn in the chart is a regression line for Coal India. It is downward sloping currently. But notice that price has closed above the regression line on the weekly charts. If we see the...
We think EURUSD is headed down. This signal is based on the Linear Regression Channel and the Fibonacci Levels. Also the SRS Pro is showing a drop on the 4H timeframe, and can go down to 1.05119. Please Like us and subscribe for more ideas like this!
AMD currently trading below multi-month support. If it can get back and hold above 100, could test the top of regression channel.
20W moving average (and a white shadow of a 21W EMA) has historically indicated a good near term cost basis. With a fitted fibonacci slanted channel (and more-or-less randomly extending the 20W average) we can plot a possible path for BTC, dancing between past fib level trend lines for resistance at important price levels, while also holding support at this...
Updated Wyckoff Distribution Pattern from last years chart. I think this week in crypto it will punch down to the SOW - Sign of Weakness. The weakness is likely to be a result of all the financial sanctions against Russia and their exclusion from SWIFT. Over the weekend there was turmoil over the situation in Ukraine. Russia didn't open their markets for...
I was wondering if there was a way to calculate Pearson's R for pitchforks like it's done with a regression trend, and if so: is there a way to implemented it already on TV.