Bonfire Fib built 45 trends and intersects BTCUSDPlease see chart with indicator turned on below:
Found alignment and center using 144 days. From there, I used common intersection from square to dissect symmetrical trends and grids that should capture future price action. Follow the price along each line for confluence. Does the price respect the trend, breakup, or breakdown. Pay attention to your indicators and volume as the price approached these trends , levels and pivots. This chart has some good pattern data if you like reading into that.
Bonfireta
DGB DigiByte Bonfire Gann from squareI know this is an unusual way to Gann but after finding square using Bonfire, I found a starting point that and intersections that align with certainty with each other. I will post a pic below. These lines are trends to follow or break and should be used as confluence. Often vertical lines drawn from intersections provide minor and major pivots. Long term I'm bullish but awaiting to see how DGB walks along these important Gann lines in collaboration with other indicators and will adjust my position accordingly.
Auto Fib indicator built precision z axis See image with Auto Fib turned on.
Using Bonfire Auto Fibonacci indicator to align price action from the local "pivot high center" . Next I used theses points to run tangent rings (top and bottom) to create another dimension of levels. This indicator will be available soon please DM to get on the list for PAY FOR ACCESS .
Ratio Trends built using BonfireTA SquaringSee chart with indicators here . Markets vs $BTC predict as bottom indicator , Rotated rectangles built off #BonfireTA true squaring (grey box and blue line). $ There are some common patterns if you look for them. Upper indicators show max resist levels that will need to drop or be broken with huge push.
Bonfire built trends and intersects BTCUSDOriginal Bonfire chart. I use this method and/or have a Bonfire chart open 24/7 and nearly every major trade. There are many levels of use for this indicator but I can assure you that with practice, you can create a prediction tool that works for you. This is the best way to find true square and price sync / counter predictions and pivots in advance . See the original chart below with Bonfire turned on. If you are interested in access in using Bonfire the cost is $50.00 per year via BTC, ETH, or DGB (Digibyte).
DJI Dow Jones on Bonfire and Compton indicators To date, this combo has been very profitable if used correctly. On higher time frames you may noticed that I have hidden many of the Bonfire indicators to remove some noise but I do use those to pin down the price in order to find true square, trends and pivots.. This new Compton indicator is a must have on all my charts for confluence. It really gives some sharp edges. I feel it's fairly easy to read and find patterns with. Both of these indicators are for sale at 9.99 per month or $75.00 per year individually ( both for $15.00 per month or $115.00 per year). Please message if interested.
see original
BTC vs Traditional Market's Vibration Simple 5hr trend grid with marked pivots. This was built of symmetry and alignment from an indicator. Data derived from - Gold , DOW, SPX, DOLLAR , OIL, CME,
All vs BTC and using Bonfire Vibration math.
By using indicators to find natural intersects in time and price, you can really create some nice tools to reference when you need some extra confluence. Please see org below.
Symmetry
Alignment
Intersects
Pivots
Levels
Bonfire built trends and intersects BTCUSDThis may not be the popular idea and I know you may not understand my lines on lines but I'm gonna post this as a concept I use to try and stay ahead (while I'm catching up from vacation). Furthermore, I think there's still slight a chance for a lower low if we keep getting these premature huge spikes. The last one was on time but overactive. I'm not wanting BTC to go down because I have a have a good amount but I like to be prepared for what can happen. Overall, if it can somehow stay near this level for a week or more there is some bullish lift ahead with some quick volatility dips and pumps 12k being maxed out bullish level. That last pump was supposed to happen it when it did however get out of hand a bit aka overbought. This is fine if you account for it and slowly close out BUT without a ton of REAL takers here (9800 to 10k) the price will go on sale again. I've seen it many many times and orders are balanced in arrear , along a moving median that is needed to fill voids in order books (liquidity gaps). Dates are legit many times but getting the y coordinate is not as predictable unless you know what areas have gaps that need to be filled. Attempts will be made at each level unitil balance is achieved. A lower low would be 5800 to 5900 and extreme oversold would be 4800 to 5000 (absolute worst case). 3/1/20, 3/18/20 dates to watch.
See similar ideas below along with the original view of this chart with indicators turned on.
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