Few interesting intraday levels for Bitcoin

Updated

For short term, those to areas/levels (green and red box) are really interesting for me, at least.
If the first resistance (red) level is NOT broken, there is a good probability this turns into a 3 dive pattern (see comment with a 4h chart) and hysteria fulled selling will continue for a while.
If red level gets smashed, the next important R is at the area marked with green box.

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Here is the 4 h with possible 3 dive pattern.

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I marked another level, that I think is really important in establishing the trend - 9731 (small green triangle)

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Updated and cleaned up the chart.

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So, this is where it's at as of now

I added a new price projection (bright green) and you can see multiple clusters now. Chart is getting a bit messy.

<strong>Any questions? Ask! </strong>

Previously plotted levels worked out nice. Lets see, how the rest of the day will go.
Red area that was previously R shows a good chance to develop into a nice S.

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(I have posted this to chat in past few days)
W are from weekly
A and B are done for now.
Assuming we continue correcting the previous weeks panic and stupidity induced selloff
C - 11231-11302 range looks like next serious R

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It seems to evolve nicely. Next few clusters are marked with arrows.
Making stops at R and then smashing those while establishing a strong S

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I posted it as a comment and there is no way to delete it so here we go again. :)

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Trade closed: target reached

I reached my short term target. Took profit
Time to look for new entry point.

alskdj

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