BTCUSD - Best with 2Hours Charts + Volume?

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Hi All,

This TA is just for Education Purpose. As i can see few times 1 Day charts pattern been denied. Lets see which timeframe is the best to analyse BTCUSD price movement. I chart using 2 Hours Charts. This TA is simple just using Volume and charts pattern.
1. Triangles (direction of the price is depend on the breakout location). Volume is decline from start of the pattern forming.
2. Head And Shoulders. start volume is usually higher than the mid and the end. It show the selling/buying pressure is reduced and forming a reversal. (H&S for bearish and inverse H&S for bull).
3. Wedges. Volume for wedge is decline until it reached breakout points.

*This TA is for Educational purpose and not a financial advise. If you are happy with my charts and would like to follow more in the future, feel free to follow my profiles.
Ghi chú
By further Analysis on 2Hours Charts.
MACD and Stoch RSI gave best chart supporting indicator.
ảnh chụp nhanh

In MACD charts, you can see change in trend by identifying Bullish and Bearish Divergent in MACD. you also can see when the 12 EMA MACD oscillator start crossing with 26 EMA oscillator.

For Stochs, you can see identify the time when the pattern start breaking out or when reversal going to happen.
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ảnh chụp nhanh

Some typo from previous chart (on bullish and bearish divergent). this is correct charts.
Ghi chú
ảnh chụp nhanh
It look more like bull flag. we probably going to 9k again.
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From day chart, i noticed we at oversold Stoch RSI. so i try find bearish pattern that probably support this bear sign.

ảnh chụp nhanh
Bear Flag and Head and Shoulders both appear at 1hours Chart

1. For H&S pattern. noticed that volume at the left side is higher than mid and right shoulders. right shoulders show lowest volume to show the buy pressure is decreased.

2. Bear Flag, same like other pattern, it support by volume. the volume decline and spike at the breakout downwards.
Ghi chú
Please ignore H&S Pattern. i forgot the entry for this pattern is from uptrend and going reversal.

Only Bear Trap is a valid 1hours chart finding at moment.
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ảnh chụp nhanh

Updated chart
Ascending TriangleBitcoin (Cryptocurrency)BTCBTCUSDChart PatternsTechnical IndicatorsInverse Head and ShouldersTrend Analysiswedgebreakout

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