As i said in the last 2 BTC's analisys, where i've build a levels map to identify the interesting levels area as dynamic support and resistance,
i've a clear short view from 10.800 based on several long period patterns which are showing much more realative weakness than relative strenght.
Long period approaches presenting a nice and wide bear channel coming from the last bull-run where most of the small investors has bought, and lost money.
As shown in the chart, let's look about the historical volatility increasing, we know that the fear index is mean-reverting, so the V use to increase and decrease during the time, but it tends to come back to the average. That's a simple concept, but it works.
For this reason, as the previous analisys published, i prefer to consider each kind of ONLY SHORT pattern starting from M15 to Daily frames.
All the levels are published, and could be taken as a "green or red light" to place/close a buy/sell order following your personal method's rules.
I will update soon all the levels map, adding much more financial instruments, starting from simple and forecastable Cryptos crossing Forex Maj,
global indices, bonds , commodities closing with Economic indicators overview .
I'm glad to announce that i've just started a project based on data analisys, business analitycs and the merging with trading approaches.
Our target is to spread, share, write and design what we love and what we do day by day with passion and ethics.
E-CHAOS (www.instagram.com/_echaos/)
i've a clear short view from 10.800 based on several long period patterns which are showing much more realative weakness than relative strenght.
Long period approaches presenting a nice and wide bear channel coming from the last bull-run where most of the small investors has bought, and lost money.
As shown in the chart, let's look about the historical volatility increasing, we know that the fear index is mean-reverting, so the V use to increase and decrease during the time, but it tends to come back to the average. That's a simple concept, but it works.
For this reason, as the previous analisys published, i prefer to consider each kind of ONLY SHORT pattern starting from M15 to Daily frames.
All the levels are published, and could be taken as a "green or red light" to place/close a buy/sell order following your personal method's rules.
I will update soon all the levels map, adding much more financial instruments, starting from simple and forecastable Cryptos crossing Forex Maj,
global indices, bonds , commodities closing with Economic indicators overview .
I'm glad to announce that i've just started a project based on data analisys, business analitycs and the merging with trading approaches.
Our target is to spread, share, write and design what we love and what we do day by day with passion and ethics.
E-CHAOS (www.instagram.com/_echaos/)
