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Noisefree

Bitcoin linear 2019An idea with a linear chart as a noise removal technique. First, let's address the term "Noise" , in a broad analytical context, noise refers to information or activity that confuses or misinterprets genuine underlying trends. If we strictly speak in a technical context, noise is simply all the price data that distorts the picture of the underlying trend this includes mostly small corrections and intraday volatility. This a linear chart where the price source used is the average of the four most relevant points for a given time frame. Price source = (O+H+L+C)/4 The ellipses highlight the periods of lower volatility where the price dynamic narrowed its price range previous to a post-expansion. In the larger ellipses, this kind of dynamic lasted around 7-9 weeks. Note: I find the potential of this chart for having a macro perspective. Weekly scale ≤ recommended scale ≥ daily scale Chart BLX weekly scale BraveNewCoin Liquid Index for Bitcoin
BNC:BLX
by anibalsantaella
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