Mapping the price in H1:
Some rules to understand the strategy:
- shade of red trends = primary (the black one are secondary trends)
- Redish trends is primary as medium investors are arbitring short/long term investors decisions.
Div: Trend vs demand/supply
-Ascending trends with red cloud is most likely tested twice before break up.
-Descending trends with green cloud is most likely tested twice before break up.
Conv: Trend vs demand/supply
-Ascending trends with green cloud doesn't need retest to break up.
-Descending trends with red cloud doesn't need retest to break down.
Current idea:
An important resistance for the BTC arround 7340$ is close to merge with the next objective for BTC! which is the medium term investors trend H4 => This consolide the idea that one last leg up is still missing before a retest of the H4 mobile support.
I don't expect to reach the top of the green cloud arround 8k$ now.
If the scenario turns bearish, two first support are identified on the chart (mobile and static).
Gl
Don't forget to the big picture: :)
Some rules to understand the strategy:
- shade of red trends = primary (the black one are secondary trends)
- Redish trends is primary as medium investors are arbitring short/long term investors decisions.
Div: Trend vs demand/supply
-Ascending trends with red cloud is most likely tested twice before break up.
-Descending trends with green cloud is most likely tested twice before break up.
Conv: Trend vs demand/supply
-Ascending trends with green cloud doesn't need retest to break up.
-Descending trends with red cloud doesn't need retest to break down.
Current idea:
An important resistance for the BTC arround 7340$ is close to merge with the next objective for BTC! which is the medium term investors trend H4 => This consolide the idea that one last leg up is still missing before a retest of the H4 mobile support.
I don't expect to reach the top of the green cloud arround 8k$ now.
If the scenario turns bearish, two first support are identified on the chart (mobile and static).
Gl
Don't forget to the big picture: :)
Ghi chú
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.