Mark planet lines on BTC
Saturn's planet lines across Bitcoin's daily chart, running on past the last bar.
Trial or ProAbout 3 minutesStudio
Before you start
- Planet lines come with the free fourteen-day trial or Pro: sign in to Studio with Google to start the trial.
- Open BTCUSDT on the daily chart.
Steps
- 1Open Studies in the top bar and type planet in the search.
- 2Press Open beside Planetary lines. The Planet lines panel opens beside the chart.
- 3Turn on Show on chart. Saturn at $50 a degree is the starting set, with a line every 360°.
- 4Press 5Y under the chart to see more of the lines. Each is labelled with its turn: saturn +1, +2 and so on.
- 5In the panel, change the Planet, the Dollars per degree or Lines every (360° down to 30°). The presets switch between Saturn at $50 and Jupiter at $100 a degree, and + Add puts a second set beside the first.
⌥ is Alt on Windows and Linux.
Reading it
A planet line is price as a function of where the planet is. At $50 a degree, one full trip of 360° is worth $18,000, so the lines sit $18,000 apart, and they drift as the planet moves, looping back while it's retrograde.
Positions come from NASA JPL's DE440 ephemeris. Offset and Anchor to a pivot on the chart move the whole set up or down; Seen from and Zodiac switch between geocentric and heliocentric, tropical and sidereal.
A line is a place to look, not a forecast. The panel's Test tab scores the lines against the same lines at random offsets, so you can see whether they did better than chance on your market.