The magic behind the 618 understand how Bitcoin is moving questions

On the next slide you find the levels that worked for me on time and price

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THE MAGIC BEHIND THE 0.618 by TOM JONES V1.0

On the next slide you find the levels that worked for me on time and price.
WARNING
This presentation contains my personal notes evolving in time. Be careful when you still see the 1.314 and -0.314 level. As I first assumed this was related to π,
Later I discovered the right math behind it the 1.309 and -0.309 levels that cover a range of ϕ that equals to 1.618.

THERE IS ONLY ONE TYPE OF TRIANGLE

Not a symmetrical triangle.
Price always tend to go to the midpoint until everyone agrees we can shift a level up.
So actually Bitcoin only makes symmetrical triangles but most of the time we see only a part of it.
From a scalence to an isosceles triangle
When a triangle has three congruent sides, we call the triangle an equilateral triangle. The angles in an equilateral triangle are always 60°.
When a triangle has two congruent sides it is called an isosceles triangle. The angles opposite to the two sides of the same length are congruent.
A triangle without any congruent sides or angles is called a scalene triangle.

THE GOLDEN LEVELS

HOW TO F2F THIS TRIANGLE

GOLDEN LEVELS

Chart like a Champion

THE MATH BEHIND

version 2020.10.19.1

THE GOLDEN PENTAGON & PENTAGRAM

THE GOLDEN LEVELS

QUESTIONS

https://forms.gle/KaqpfjrLcwuB3351A
I will review them every now and then and if I have enough then will make a video or answer you in Discord.
I get a lot of PM's so this way it's a bit easier for me to collect them and organize my time because
I always have more idea's as time available :)

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