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.
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