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BITCOIN TRADE IDEA [ Monthly Markup] Part 1
Bitcoin Monthly Analysis reveals key zones that are useful on lower timeframes.
When looking at this analysis you will identify 3 Key Areas: [
- An Exhausted Buy Area [ RED]
- An Exhausted Sell Area [ Blue ]
- 50% areas to identify breaks within the market using Gann and Fib:
* Breaks above = Buy and take to next zone
* Breaks below = Sell and take to next zone
Partial analysis:
Bitcoin has approach the Exhausted Buy Area in red. I am looking for price to reject!
Two of the indicators used would be a super trend to and DMI to identify trend reversal and momentum at zones.
Note: This just an idea and not a professional opinion.
Respectful Feedback would be kindly appreciated.
When looking at this analysis you will identify 3 Key Areas: [
- An Exhausted Buy Area [ RED]
- An Exhausted Sell Area [ Blue ]
- 50% areas to identify breaks within the market using Gann and Fib:
* Breaks above = Buy and take to next zone
* Breaks below = Sell and take to next zone
Partial analysis:
Bitcoin has approach the Exhausted Buy Area in red. I am looking for price to reject!
Two of the indicators used would be a super trend to and DMI to identify trend reversal and momentum at zones.
Note: This just an idea and not a professional opinion.
Respectful Feedback would be kindly appreciated.
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