Updated

bitcoin and three patterns

Bitcoin is following curve, channel and a triangle pattern, pattern started from March 10th, many time curve pattern is considered as time passing way , price is moving within the curved path , price is also showing strong support at the mid of channel, it is also following the sub channel perfectly,

will share monthly and weekly levels in comment section
hope u all like this pattern formation

Note

Note

doji?

Note

still support of monthly 20 MA and resistance from weekly 200 MA

Note

weekly closed above the trendline

Note

9 MA & 20 MA crossover completed , 9 MA trying to approach the 26 MA downward

Note

my previous day pattern range price closed above a day inside bar

Note

another monthly pattern

Note

triangle pattern , a breakout try is obvious, if able sustain above the triangle pattern ok

Note

monthly line vs day MA's

Note

daily 10MA and 200 MA closeup completed now a crossover lets c

Note

still fighting tradingview.com/x/P1hfiDhN/, positive day MAs

Note

closed at the trendline

Note

how to trade this kind of movement?, i mostly follow smaller tf , 1 min and beyond when price is near or at the pattern lines or a trend line

Note

weekly inside bars

Note

still

Note

😊

Note

H&S is still valid ?, participants views r requested

Note

bluish lines are weekly levels , others monthly

Note

33656 is the 12M level

Note

trade cautiously here, weekly inside bar level and monthly inside bar level

Note

closing this idea
please click this chart to migrate to new idea

Bitcoin perfectly followed the channel patterns now at test

omvats1

Disclaimer

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.

omvats1