
In the rainbow channel, the black oscillator is a pale blue under-layer.
Where is 'black", sorry?
I see red, light blue, dark blue, yellow, green and purple.
Is 'purple' actually black?
Must be one of those color "illusions".
more importantly...where we are heading, then?
It's the one you're calling purple. The oscillator at the bottom of the chart.
I called it black, though it's actually sort of dark brown, at least to my eyes.
Everything in my charts seems to imply that BTC will go up. But I don't know.
All models are wrong, as the saying goes, but some are useful.