BTC Weekly - Chart w/channel lines, bullish or bearish pathways
Updated
Reference chart till its void thru normal PA.
By August 2023 this chart should have enough forecasting candle bars.
By August 2023 this chart should have enough forecasting candle bars.
Note
I call these Run Charts. I make these to note how i was thinking about PA, patterns and zones, see how it plays out, as our trading goals are under constant scrutiny.This chart can help continue to see a trending pattern develop and help with our confidence with holding or letting go future trades. This chart should be useful through Oct 2023.
Note
The Divergence has always been there, however a few weeks into this run chart was a full on confirmation. Indicators on large TF seem to still trend downwards, it could be 15k or even lower. This is going to take many months, while trends, news and sentiment could change the outlook of PA at anytime.
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