Choosing colors for each chart separately creates confusion. Using a Ethereum price prediction 2026 legend does not solve this problem. You should select colors over a group of charts, not on each individual chart. Use colors consistently to show organizations across charts.
If this crude oil market bubble burst follows the same modus operandi normal market bubble bursts follow I can't see why it is impossible to see a barrel crude oil again at least Bitcoin price prediction 2025 for a little while.
A point in time chart shows the values for a number of variables or organizations at a single point in time. Chart types which can show a single point in time are pie, stacked bar, Dogecoin price history and future trends bar charts. The pie chart is the most commonly used single point of time chart type. A pie chart shows the relationship between segments for a single point of time. When it is misused, you have multiple pie charts of the same variables for different time periods. Variations in pie charts are difficult to compare kok price which makes them the wrong choice.
The line represents the addition of the closing prices of that particular stock, mutual fund or index for the past 200 trading sessions that have been added up and divided by 200. That is then placed on the chart at that point. For example if the price of the equity started at zero and went up exactly one point for 200 days the average would be 100. A dot is then place on the chart at 100 even though the equity price is now at 200. Each day the new closing price is added after dropping off price number 1 and the new group is added up and divided by 200. This is done each day. Nothing complicated.
Divergence is very consistent. However, you will need more than this to pin point the exact time to enter a trade. This method just helps you to be aware that a price reversal is about to occur.
Trend lines are important elements of any trading strategy that is profitable, but they should not be considered in isolation but in conjunction with other indicators that support it. The longer a trend line and the more highs or lows it has touched the stronger it is and the more reliable it becomes as a future indicator of a reversal.