red and purple are multiple EQ and support/res areas i have found use those as a guide/ pathway to where btc will jump up or down to based on accumulations so you can have a rough idea which channels inbetween the lines you can trade up or down 1hr and 30m charts are usually the timeframes im trading on trades generally last a few hours looking for a 20% gain on 10x
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.