CaptBlackBeard

CaptBlackBeard

Using the sine drawing tool to and from DWEB nodes as the foundation for this chart. I then used cross references and intersections to build it out. There are many more drawings that could be applied because each new intersection gives your more data to use. Long game = Long Short game = Neutral to Neutral/Short

CaptBlackBeard

Here is are some simple trends I got from nodes using my indicator DWEB. This is just a 3hr chart so nothing long term here. Most would call this a broadening wedge of sorts.

CaptBlackBeard Updated 

I make these for myself and I am sharing this as-is to show how you can use alignment, geometry, price/time to capture price action with trends and pivots from intersections. I know how to read it because I built it but I hope this is proves valid confluence for others. The simple way to look at it is to follow the price , and see if it respects the trends ...

CaptBlackBeard

Please see image for more details.

CaptBlackBeard Updated 

See original with Boxfire indicator turned on. As expected LTC just hanging around on the lower TF but this current setup still shows that the price is being held up (for the time being). Macro tells a similar story but more on the neutral leaning bearish side of things. That's ok, this can often happen. It doesn't always look great before take off, nor does...

CaptBlackBeard

They say it's hard to catch a falling knife. Finding predictive trends that show any signs of upward momentum is difficult. However, I have some methods and tools that can give some hope to a lot of downtrend and without needing multiple bottoms to draw trends. Vertical lines = Change is coming soon? Horizontal lines = Traditional levels. Think support and...

CaptBlackBeard

See original with indictor turned on for price time squaring.

CaptBlackBeard

For those using Bonfire for squaring price and time you may notice the squares have turned to circles due to changes within Tradingview. This was the original way I used Bonfire but it was a little time consuming. You can verify this by researching the original Bonfire script that I published years ago... As a temp fix, I have been brushing up on using...

CaptBlackBeard Updated 

Using alignment and some data points from one of my indicators, I have found in interesting overly that encompasses a lot of previous price action and also may provide some projection data via trends. I will publish this as a way to lock in the chart and likely revisit it later if valid. Longview: Bullish BTC & LTC

CaptBlackBeard

I noted that BTC would pause around 28k and alts would play catch up. This is a necessary sweep for alts as new money in terms of fiat are falling flat. The timing is perfect with momentum strongly in Bitcoin's favor, the algos sold off / liquidated alts into BTC for mild gains (in BTC pairings) but in return now get to capitalize on those gains + a...

CaptBlackBeard

See original below with DWEB trends turned on. DWEB trend nodes are marked with red shaded circles. The Gann fan simply connects nodes at a 1/1 ratio. This should prove to be an added tool for price prediction. What to watch for in terms of price action: Price captures trends? Price respects/follows or rejects/fails trends and retest? Look for...

CaptBlackBeard

If you look closely you will see a parabolic curve created by the DWEB trend indicator. I used this to create an ellipse that followed the curve, cloned it and then created another ellipse from each intersect to provide centers, tangents, and more intersects. The levels shown should hold some good data in the future. I could add some local pivots vertically with...

CaptBlackBeard

Using the main intersection (Feb 27th 2024) from the 1D DWEB trends, I marked the first one with a cross ray and followed that by marking each intersection that the previous cross created all the way back to the beginning of the trend.

CaptBlackBeard

QNT is at a point in it's life that makes it a good candidate for some geometry and alignment trends. These trends only represent a path and levels the price may take. You can build confidence in the levels and trends as the chart develops or trash it if the trends become clearly invalid.

CaptBlackBeard Updated 

Using my DWEB indicator which is full of price/time data, I condensed and isolated the price/time pings that show up as nodes and made averages for them. These nodes are also great for drawing trends to predict future price action/levels. Please reference the tweet to see a full picture of the chart with DWEB averages on. We have a huge test here but a rise in...

CaptBlackBeard

This is the chart in the video previously published. The only thing that was added is an inverse Gann fan from the top right corner. You will see this fan captured the previous peak near perfect. I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals. Description from video: From previous shared...

CaptBlackBeard

See original above. I'm perma-bull when it comes to BTC, LTC, and ETH as a long term investments. Please trade your own timeframe goals.

CaptBlackBeard

See original here: You will see how easy it is to create trends that hold against price action and also provide data needed for an added layer of trend/level/pivot prediction (advanced). This is just 1 example of how you can use the node and trend alignment tool. With the indicator on, connect the corresponding (red or green) nodes that have straight...