There are two scenarios for Bitcoin movements as shown in the chart. Another situation that I see stronger is the accelerated movement of the wave towards the price (48500-50000) which can happen after the price returns to 40K which I personally see as a very strong possibility attention:NFA
Note
The meeting place of diagonal resistances of bears and bulls (intersections) has a great impact on our analytical performance. If these reistances are accurately drawn based on mathematical calculations, they predict the time and direction of market movement. Like the charts below
Note
Note
Another intersection, be ready
Note
update
Note
LOADING.... The movement started exactly when the intersection had shown us in advance. Diagonal resistances (supports) in addition to showing the time of important movements, also determine the direction and purpose of the movement. Can be used in all time frames and etc
Note
Painful rejection
Note
Trade closed: target reached
The 2nd scenario was fully implemented
Note
All Bitcoin movements are based on very precise rules
Note
It looks like a beautiful move
Note
and more information is here
Note
FIRST TARGET
Note
Remember the 1.13-0.886 rule? Use this rule to trade now
Note
Note
ATTENTION:NFA
Trade closed: target reached
target(0.618) touched
Note
The resistances are drawn on the last effective wave in the 4-hour time frame. As it is clear in the chart, the market is in its most sensitive condition. A price explosion is happening. be ready
Trade closed: target reached
See how golden information helps us in a trade The target was touched
Note
Intersections are actually predictors of Bitcoin's future movements
Note
and in 4h TF
Note
Crossing the yellow diagonal resistance means reaching the specified target
Note
Zoom the chart
Trade closed: target reached
An overview of Bitcoin's movements so far
Note
The beauty of bitcoin movements
Note
It is possible to find exact targets using mathematical calculations in this market Take a look at the original published chart to see how the math works
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.