Quick BTC/USD analysis of the last few Months: Looking at the Price and the Relative Strength Index (RSI) Convergence/Divergence: From Tuesday 13th Sept 22 until Saturday 5th Nov 2022 we had Convergence with the Price and RSI which indicated a reversal was most likely on its way. Price = HH - LH (Higher High - Lower High) RSI = HH - HH (Higher High - Higher...
USDJPY moving average convergence divergence morning star in W chart harmonic pattern moving average convergence divergence in D chart
REFERENCE KEY: Yellow Horizontal Lines = Key Support Intervals (K). Orange slopes = Key Resistance Intervals based on convergence model. White Regression trend represents a LOG/Linear slope equal to (((0.33X-1)T/V)^2) Where, 0.33 = Series Conv {((Alternating Series Test), If for all n, an is positive, non-increasing (i.e. 0 < an+1 <= an), and approaching zero,...
UPDATE ON PREVIOUS POST. THERE ARE MANY FACTORS GETTING INVOLVED. TECHNICALLY THE INDEX IS STUCK ON ITS 9-10 EMA HOWEVER, IF IT FALLS BELOW THERE IS NO SUPPORT FOR A WHILE. IF IT STAYS ABOVE WITH VOLUME IT WILL RALLY. NUMBERS TOMORROW WILL BE TAKEN INTO CONSIDERATION ALONG WITH TRIPLE WITCHING AND THE FOMC MEETINGS. ANYTHING MAY HAPPEN WE WILL BE ABLE TO CONFIRM...