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
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
註釋
monthly opening above the range could acts as support註釋
green and yellow valid for today only註釋
never give any direction, just give the range on the basis of patterns, it always helps me in day trading to be unbiased註釋
closing monthly,weekly and daily analysis,註釋
in above graphic there is an inside candle bar, once new 4 hr candles opened below it , there is not looking back註釋
still working, good resistance level purple and red lines免責聲明
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。