dRends35

short

Not financial advise

Pitchforks are a good tool for seeing trends and in this case, corrective price action. Throughout much of the 2014 trend, Bitcoin price respects the channel between the median to upper median lines. However it does foray down to near the lower median line to form the selling climax. Its interesting to see that the...

Comparing Altcoin charts with Bitcoin provides a perspective of current market sentiment and the future of Bitcoin and Crypto as a whole. The majority of altcoins are now loosing value significantly. Many of the larger coins are now losing all of their value since the 2018 'Altcoin season' and are whittling away to pre-2018 values. There are however a few coins...

Bitcoin seems to be cycling with symmetry, although duration is increasing. Currently it is respecting the 0.618 fib level of the previous oscillation (as did previous) and there is plenty of bearish divergence on the 4H. After the previous twin peak, Bitcoin sold off 42%, and 45% before that. So after if Bitcoin continues pattern, it could double top after this...

I found inverting the chart shows a lot about bias and it seems there is a lot of bias on TView with lots of arrows and EW, but if you happen to stumble upon this, tell me, does this chart look bullish or bearish to you? No indicators, no arrows, no pictures of rockets... I'm a novice btw, but also i don't have the bias of wanting a subscription, money etc. Just...

Trend down. (Novice)