BTC. why not to panic
what you see before you is the linear regression channel on the daily.
the green lines are the camarilla L3 pivot point levels which represent monthly projected range bottom levels
notice a trend of the last 5 months within this channel. and how btc loves to rise from the L3 level and the bottom of the regression channel. the l3 pivot is plotted on the first of every month using previous high, low, open and close. we came down from the H3.. this often happens. I expect we could also rise from the L3 area.
If you are looking for a breakdown its possible you are actually just witnessing a larger projected range in a larger upward channel.
No need to worry unless there is a daily close below 48k
the green lines are the camarilla L3 pivot point levels which represent monthly projected range bottom levels
notice a trend of the last 5 months within this channel. and how btc loves to rise from the L3 level and the bottom of the regression channel. the l3 pivot is plotted on the first of every month using previous high, low, open and close. we came down from the H3.. this often happens. I expect we could also rise from the L3 area.
If you are looking for a breakdown its possible you are actually just witnessing a larger projected range in a larger upward channel.
No need to worry unless there is a daily close below 48k
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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。