Bitcoin and an important pattern

Güncellendi

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

Not

Not

current week range posted before the start of the week

perfectly followed ?

Not

posted on April 7

30237?

Not

possible day range

Not

this one also needs some consideration

Not

monthly opening above the range could acts as support

Not

green and yellow valid for today only

Not

EOD?

Not

new week

Not

same position

Not

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

Not

also keep in mind weekly range

Not

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

Not

12 M and a fight

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

Not

closing monthly,weekly and daily analysis,

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

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

Not

still working, good resistance level purple and red lines

Not

3M chart is still active

Not

omvats1

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.