DadShark

WHERE WILL BTC STOP ITS UPTREND?

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BITFINEX:BTCUSD   比特幣
Btc can stop trending at any time. Price actually hitting the resistance highlighted in the chart isn't a guaranteed thing, though it will act as a significant pivot. Most likely price will be rejected off of the 1.25 standard deviation of the longest over expanded period (which at this time is the 530 period.)

If price DOES go over that pivot, price will revert fully to the 530 moving average with very high probability.

The indicator shown is 3D WAVE PM. It is designed to display 128 separate periods of distributional width (how wide the standard deviations on a bellcurve are relative to each other,) and represented as a. heatmap. With this reading, you can find the most significant pivots for sustainable growth to identify the two major market conditions, "trending" and "not trending."

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