You are viewing a single comment's thread from:
RE: Bitcoin - Unlocking The Mystery Of The Intra-Day Moves (Before It Happens!)
Very educational since I'm a newbie in trading. How do you calculate the zero line? Is the upper line always 46,24 and lower line 24,64? How does this relate to Fibonacci lines?
Thank you for your reply. Fibonacci lines are based on predefined numbers that may or may not have a relationship to the underlying stock or crypto your following. In comparison, these lines are constructed directly from the underlying security and its own critical mass.
I will be presenting more examples in the coming days and providing the lines ahead of time so that everyone can follow along as the trading day progresses.
Looking fwd to those.
Can you also share what algorithms you use to calculated the lines? Or is that your own trade secret?