tigerpause

~4 month BTCUSD/XBTUSD RSI arc? Chart wavelengths and periods

tigerpause Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
For some time i've been wanting to try to visualise the waves that the different period/wavelength charts produce to see if I could understand the wave pattern interference, which I presume is what Elliott Wave theory provides the analytical key to. Sadly i'm too stupid to understand what the wavelength of each chart is, so i have been drawing a blank. How long does each period chart take to cycle? I know the answer is probably so simple that it's ridiculous but a lot is going on in my life and i'm not that bright, so perhaps someone can shed some light for me?

Whilst pondering the subject i think i have spotted an arc on the RSI chart over the past approximately four months but perhaps i'm imagining it?
Kommentera:
And here is a speculative drawing of a much smaller scale arc, which if true would suggest a continuation of the bear trend from 20k ATH and 17k more recently). However, it could be entirely coincidental and non-predictive as a result. Any comments on this topic of visualising waves would be really interesting to me.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.