Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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?
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.
Your chart is fantastic. And technicals are king. But fundamentals are the other king. And that will matter as well.
We are setting up for big moves. Down is certainly possible.