Price got rejected from upper channel line (Bitcoin 15m), 10/02

9 Şub 2023

Publishing herewith same old 15 min charts showing a channel, just showing the impact of channel on the price

10 Şub 2023

Not

i use yellow lines for 4hr time frame
green lines for daytime frame, here price broken my green line also, it rarely happens for me, when day range got broken i look for weekly support and at last a
monthly line
when day is not trendy yellow lines gives excellent results, but when a day is trendy there is a possibility of breach of these line
sign of trending day, a recent candle will not break the high of previous candle, it might be a candle of any time frame (1min/5min/15 min,30 min so on), ist look for 1 min candle , if , high of its previous candle broken, look for 5 min candle and so n