HDRN bullish and Bearish macro levels
KEY: white=monthly, purple=weekly, red=daily, yellow=4 hour.
For the macro: want to see a monthly candle close in the green above that bottom dashed level that’s white and .0000032142 to gain them as support in the future
One layer lower to the weekly: mirroring has commence between weekly break to weekly break. Left most arrow got hit to dollar by the 3rd arrow, which moves up and hits the second arrow to the dollar on the fourth arrow. Time frame levels respect their same time frame levels if they appear as a test on that time frame to the dollar or within fractions of a percent. There are some other circumstances too but not relevant here.
The weekly chart is forming architecture over a monthly level that is white on this chart, that could cause a break of that weekly level since the time frame higher than it it powering/holding the move upwards
On the daily so micro macro lol: the bottom red dotted line is a breakout point as well since two different color candles (a peak on lower time frames, yes a peak like a mountain) wicked through it but didn’t close accumulation above it. To continue move up price would want to close accumulation over this level today, or if it does close distribution it still needs to be above that dotted line. If not then that cues a dump down to the lower weekly levels probably.
SUMMARY:
Ultimately on the macro is looks like the move is going up since it held that bottom most white dashed line which is a hold level. Hold levels are either the top wick or the body of a candle before a color change. This is because on lower time frames it’s the top of a peak the bottom of a valley or one of those breakout points that can still be respected as support or resistance in the future/opposite of what they were initially required to “breakout” from
Monthly trend as well and lower time frame weekly trend cycling or increasing in angle on the diagonal axis the further you get on the horizontal axis
DITCH THE INDICATORS LEARN C0tt0nc4ndyta science and get moves to the dollar.
For the macro: want to see a monthly candle close in the green above that bottom dashed level that’s white and .0000032142 to gain them as support in the future
One layer lower to the weekly: mirroring has commence between weekly break to weekly break. Left most arrow got hit to dollar by the 3rd arrow, which moves up and hits the second arrow to the dollar on the fourth arrow. Time frame levels respect their same time frame levels if they appear as a test on that time frame to the dollar or within fractions of a percent. There are some other circumstances too but not relevant here.
The weekly chart is forming architecture over a monthly level that is white on this chart, that could cause a break of that weekly level since the time frame higher than it it powering/holding the move upwards
On the daily so micro macro lol: the bottom red dotted line is a breakout point as well since two different color candles (a peak on lower time frames, yes a peak like a mountain) wicked through it but didn’t close accumulation above it. To continue move up price would want to close accumulation over this level today, or if it does close distribution it still needs to be above that dotted line. If not then that cues a dump down to the lower weekly levels probably.
SUMMARY:
Ultimately on the macro is looks like the move is going up since it held that bottom most white dashed line which is a hold level. Hold levels are either the top wick or the body of a candle before a color change. This is because on lower time frames it’s the top of a peak the bottom of a valley or one of those breakout points that can still be respected as support or resistance in the future/opposite of what they were initially required to “breakout” from
Monthly trend as well and lower time frame weekly trend cycling or increasing in angle on the diagonal axis the further you get on the horizontal axis
DITCH THE INDICATORS LEARN C0tt0nc4ndyta science and get moves to the dollar.
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