Telah dikemas kini

Bitcoin and an important pattern

Publishing herewith my idea about bitcoin using monthly time frame
trained myself to be unbiased ,so, never gives any direction, follow the price within the constraint of pattern range
price is at an important monthly level
purple shade is showing a zone in which price consolidated for almost 8 months before the start of a bull run
red zone is a resistance zone

3 possibilities

1. range will act as a resistance
2. price break it
3. price consolidate here

Nota

Nota

current week range posted before the start of the week

perfectly followed ?

Nota

posted on April 7

30237?

Nota

possible day range

Nota

this one also needs some consideration

Nota

monthly opening above the range could acts as support

Nota

green and yellow valid for today only

Nota

EOD?

Nota

new week

Nota

same position

Nota

never give any direction, just give the range on the basis of patterns, it always helps me in day trading to be unbiased

Nota

also keep in mind weekly range

Nota

its zoom in with re partition keep original one for the day in mind, we already know the behavior of the bitcoin especially after prolonged consolidation

Nota

12 M and a fight

Nota

next month and 1st week normal range within the constraint of 12M and 3M price line, extended range will be provided if necessary

Nota

closing monthly,weekly and daily analysis,

Nota

might not be able to provide further 4 hr's update for next 8 hrs

Nota

in above graphic there is an inside candle bar, once new 4 hr candles opened below it , there is not looking back

Nota

still working, good resistance level purple and red lines

Nota

3M chart is still active

Nota

omvats1

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

omvats1