This is a heat map for Bitcoin showing areas of low risk in light blue channels and higher risk at the midline which plays a key role in Bitcoins price developments as well as the red channels which also identify high risk historically. As Bitcoins tops get shallower it is possible we could see the next top reject at the midline. Fib rings and horizonal fib levels are also visible along the heat map and typically result in a reaction with price and sometimes lead into the next key phase of a market cycle.
Below is the Logarithmic MACD with customised settings that I have used trendlines and measured moves of the LMACD in previous cycles to identify what region in time and price we may see this indicator move to as the next major top occurs.
The free hand price projection line on the heat map is only an example and not intended to be highly accurate, price is likely to diverge from it at times, but vastly different price structure could invalidate this idea.
Below is the Logarithmic MACD with customised settings that I have used trendlines and measured moves of the LMACD in previous cycles to identify what region in time and price we may see this indicator move to as the next major top occurs.
The free hand price projection line on the heat map is only an example and not intended to be highly accurate, price is likely to diverge from it at times, but vastly different price structure could invalidate this idea.