Technical analysis by mmulutug about Symbol AVAX on 14 hour ago

The idea of ​​"arcs" in technical analysis represents a new approach to tracking price movements in financial markets using curves or arcs rather than traditional line-based methods. In this context, the general principles of the idea of ​​"arcs" in technical analysis and related concepts in the cryptocurrency market are explained below: Arc-Based Trend Analysis The "arc" structure is considered a "magical structure" that is thought to form the basis of all support and resistance zones and Trend movements in technical analysis. Basic Principles: 1. Revealing Support and Resistance: It is believed that by positioning the arcs correctly, support and resistance levels can be revealed and the movement behind the curtain can be shown. 2. Trend Following: Arc-based trend analysis aims to determine the peaks and valleys of trends and offers an unusual perspective on trend following systems. 3. Arc Chain: In this graphical method, a continuous line is created using two arcs of different colors, one following the tops and the other following the bottoms, to track trends. 4. Breakout Analysis: Arcs can help narrow down the possibilities by giving an idea of ​​the angle of the breakout from the bottom or how big the decline from the tops will be. 5. Beginning of the Spring: Even though the first movement after the bottom or top movement does not show any trace, the second and third movement ends and the spring settling on the open base constitute the beginning of the spring showing the movement from bottom to top or from top to bottom. Application Method: • In spring-based analysis, bottom and top levels are generally determined from weekly charts in the first place. • When looking at past data, one side of the arcs is based on support points, while the arm extending into the future is shaped by the ongoing slope. • It has been stated that this analysis can provide more enjoyable results when used at times when volume increases rapidly and at special peaks. Springs and Crypto Markets: This spring approach can also be used in crypto markets. One commenter asked whether using shorter time frames instead of long-term (weekly) charts would be misleading, given the rapid changes in the crypto space; On the other hand, the "Practical Technical Analysis" site stated that it is not necessary to use it weekly and that they explain how to draw real support/resistance with examples from crypto. It should not be forgotten that this type of analysis (spring-based trend following) is not investment advice. Technical analysis is a tool used to predict future movements by evaluating price movements and trading statistics such as volume, and accuracy is not guaranteed.