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On-chain Metrics Explorer 3D is a tool that allows the exploration of various on-chain metrics of Bitcoin, incorporating an additional dimension on the Z-axis (depth) to provide a three-dimensional view of the metrics and their relationships. This approach enables a more advanced and in-depth analysis of on-chain metrics, going beyond conventional two-dimensional analysis. Moreover, the ability to switch the color scale makes the "On-chain Metrics Explorer 3D" even more powerful, allowing users to customize the visual representation of on-chain metrics according to their specific preferences and needs. This means that traders and analysts can highlight trends, patterns, or areas of interest more effectively, making the analysis even more flexible and informative. The motivation behind this approach is inspired by the concept of "TEC MAN", addressed in Hank Pruden's book "The Three Skills of Top Trading". It talks about the "R-Mode", which is a shift in perspective that traders need to adopt when analyzing charts. Instead of relying solely on logical thinking (left hemisphere of the brain), it's necessary to adopt a more artistic and intuitive approach (right hemisphere of the brain) to understand more accurately what the charts reveal. The "On-chain Metrics Explorer 3D" incorporates this philosophy by allowing a deeper and more holistic analysis of Bitcoin's on-chain metrics, providing a unique three-dimensional perspective. This chart is dedicated to Hank Pruden (1936–2017) and his vast contributions to the psychology of financial markets and deepening the Richard Wyckoff Theory. #Onchain #Wyckoff #Analytics #Bitcoin
On-chain Metrics Explorer 3D is a tool that allows the exploration of various on-chain metrics of Bitcoin, incorporating an additional dimension on the Z-axis (depth) to provide a three-dimensional view of the metrics and their relationships. This approach enables a more advanced and in-depth analysis of on-chain metrics, going beyond conventional two-dimensional analysis. Moreover, the ability to switch the color scale makes the "On-chain Metrics Explorer 3D" even more powerful, allowing users to customize the visual representation of on-chain metrics according to their specific preferences and needs. This means that traders and analysts can highlight trends, patterns, or areas of interest more effectively, making the analysis even more flexible and informative. The motivation behind this approach is inspired by the concept of "TEC MAN", addressed in Hank Pruden's book "The Three Skills of Top Trading". It talks about the "R-Mode", which is a shift in perspective that traders need to adopt when analyzing charts. Instead of relying solely on logical thinking (left hemisphere of the brain), it's necessary to adopt a more artistic and intuitive approach (right hemisphere of the brain) to understand more accurately what the charts reveal. The "On-chain Metrics Explorer 3D" incorporates this philosophy by allowing a deeper and more holistic analysis of Bitcoin's on-chain metrics, providing a unique three-dimensional perspective.

This chart is dedicated to Hank Pruden (1936–2017) and his vast contributions to the psychology of financial markets and deepening the Richard Wyckoff Theory.

#Onchain #Wyckoff #Analytics #Bitcoin