Bitcoin and an important pattern pour BINANCE:BTCUSDT par omvats1

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

Commentaire:

Commentaire:

current week range posted before the start of the week

perfectly followed ?

Commentaire:

posted on April 7

30237?

Commentaire:

possible day range

Commentaire:

this one also needs some consideration

Commentaire:

monthly opening above the range could acts as support

Commentaire:

green and yellow valid for today only

Commentaire:

EOD?

Commentaire:

new week

Commentaire:

same position

Commentaire:

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

Commentaire:

also keep in mind weekly range

Commentaire:

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

Commentaire:

12 M and a fight

Commentaire:

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

Commentaire:

closing monthly,weekly and daily analysis,

Commentaire:

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

Commentaire:

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

Commentaire:

still working, good resistance level purple and red lines

Commentaire:

3M chart is still active

Commentaire:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.