Nefitty Cryptowave: Visual Control Lite 90DBest used under the influence of Com Truise
The wave will careen off the top and bottom of the channel. Use it to anticipate possible upcoming support and resistance lines. The midline is usually purple, and turns red when it is higher than the channel ceiling, 45 days back. Intended for daily timeframe only.
This indicator requires additional research:
Are there any leading indicators before the wave smashes into an edge?
How do we read it when it begins tightly hugging one extreme?
Can we use the midway line to predict changes?
That's it for now.
Godspeed, soldier.
- nefitty
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