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Golden Partyhat Discussion
Quick find code: 17-18-363-66235442
Golden Partyhat chart updates (OHLC, hourly):
The two white lines trending above and below the candlesticks are Bollinger Bands - a popular volatility indicator. Yesterday afternoon we achieved the lowest period of volatility thus far, signaled by the bands reaching their tightest point of contraction.
• BBands configured to 72-hour rolling period, standard deviation of 2
• The chart above showcases a large falling wedge, which is a pattern that usually signals a bullish price reversal.
• The price has broken above the 72-hour SMA (orange trendline) for the first time in over 12 days. "Those who dare to fail miserably can achieve greatly."
- John F. Kennedy
The two white lines trending above and below the candlesticks are Bollinger Bands - a popular volatility indicator. Yesterday afternoon we achieved the lowest period of volatility thus far, signaled by the bands reaching their tightest point of contraction.
• BBands configured to 72-hour rolling period, standard deviation of 2
• The chart above showcases a large falling wedge, which is a pattern that usually signals a bullish price reversal.
• The price has broken above the 72-hour SMA (orange trendline) for the first time in over 12 days. "Those who dare to fail miserably can achieve greatly."
- John F. Kennedy
15-Dec-2021 14:06:45
my guy just did the wedge pattern on a rs item with 2 spikes
15-Dec-2021 15:13:19
Profz
said
:
my guy just did the wedge pattern on a rs item with 2 spikes
@Profz,
Thanks for the feedback. Wedge patterns rely on a minimum of two reaction highs & lows to form. "Those who dare to fail miserably can achieve greatly."
- John F. Kennedy
my guy just did the wedge pattern on a rs item with 2 spikes
@Profz,
Thanks for the feedback. Wedge patterns rely on a minimum of two reaction highs & lows to form. "Those who dare to fail miserably can achieve greatly."
- John F. Kennedy
15-Dec-2021 15:27:27
Be Classy
said
:
Golden Partyhat chart updates (OHLC, hourly):
The two white lines trending above and below the candlesticks are Bollinger Bands - a popular volatility indicator. Yesterday afternoon we achieved the lowest period of volatility thus far, signaled by the bands reaching their tightest point of contraction.
• BBands configured to 72-hour rolling period, standard deviation of 2
• The chart above showcases a large falling wedge, which is a pattern that usually signals a bullish price reversal.
• The price has broken above the 72-hour SMA (orange trendline) for the first time in over 12 days.
LOL how did you get a candlestick chart for gphats? I trade full time so this is pretty funny to stumble on, BB's are definitely squeezing on it, not sure about the falling wedge on such a new asset/chart though
Golden Partyhat chart updates (OHLC, hourly):
The two white lines trending above and below the candlesticks are Bollinger Bands - a popular volatility indicator. Yesterday afternoon we achieved the lowest period of volatility thus far, signaled by the bands reaching their tightest point of contraction.
• BBands configured to 72-hour rolling period, standard deviation of 2
• The chart above showcases a large falling wedge, which is a pattern that usually signals a bullish price reversal.
• The price has broken above the 72-hour SMA (orange trendline) for the first time in over 12 days.
LOL how did you get a candlestick chart for gphats? I trade full time so this is pretty funny to stumble on, BB's are definitely squeezing on it, not sure about the falling wedge on such a new asset/chart though
15-Dec-2021 16:41:28
KorbenDalass
said
:
Be Classy said :
Golden Partyhat chart updates (OHLC, hourly):
The two white lines trending above and below the candlesticks are Bollinger Bands - a popular volatility indicator. Yesterday afternoon we achieved the lowest period of volatility thus far, signaled by the bands reaching their tightest point of contraction.
• BBands configured to 72-hour rolling period, standard deviation of 2
• The chart above showcases a large falling wedge, which is a pattern that usually signals a bullish price reversal.
• The price has broken above the 72-hour SMA (orange trendline) for the first time in over 12 days.
LOL how did you get a candlestick chart for gphats? I trade full time so this is pretty funny to stumble on, BB's are definitely squeezing on it, not sure about the falling wedge on such a new asset/chart though
@KorbenDalass,
Well hey, glad to meet a fellow trader!
These charts are drawn by a custom Python script which I made to specifically chart RS rares. It's still very much a work-in-progress, with datasets coming in from price-check services such as PCT & Ely. "Those who dare to fail miserably can achieve greatly."
- John F. Kennedy
Be Classy said :
Golden Partyhat chart updates (OHLC, hourly):
The two white lines trending above and below the candlesticks are Bollinger Bands - a popular volatility indicator. Yesterday afternoon we achieved the lowest period of volatility thus far, signaled by the bands reaching their tightest point of contraction.
• BBands configured to 72-hour rolling period, standard deviation of 2
• The chart above showcases a large falling wedge, which is a pattern that usually signals a bullish price reversal.
• The price has broken above the 72-hour SMA (orange trendline) for the first time in over 12 days.
LOL how did you get a candlestick chart for gphats? I trade full time so this is pretty funny to stumble on, BB's are definitely squeezing on it, not sure about the falling wedge on such a new asset/chart though
@KorbenDalass,
Well hey, glad to meet a fellow trader!
These charts are drawn by a custom Python script which I made to specifically chart RS rares. It's still very much a work-in-progress, with datasets coming in from price-check services such as PCT & Ely. "Those who dare to fail miserably can achieve greatly."
- John F. Kennedy
15-Dec-2021 17:47:25
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