BTC - Consolidation, Manipulation & DistributionMarket Context
The current price action unfolds within the broader structure of a bullish leg that began after a sharp reversal near 97,000. This impulsive rally created a clear Fair Value Gap on the 4-hour chart—left behind as price surged upward with minimal resistance. Following this move, the market entered a consolidation phase, forming a range that has now broken to the upside. This kind of breakout often attracts breakout traders, but in this case, the context signals something more calculated.
Buy Side Liquidity Sweep Following Consolidation
The breakout above the consolidation range led directly into a Buy Side Liquidity Sweep, as price ran the highs just above the marked range. These highs acted as a magnet for liquidity—stop losses from short sellers and buy stops from breakout traders were likely pooled in that area. The quick rejection following this sweep suggests the move was not backed by genuine demand, but rather served the purpose of liquidity collection by larger players.
Manipulation and Distribution
This is a textbook example of manipulation into liquidity. Price was engineered to move upward into a zone of interest, taking out the Buy Side Liquidity before sharply reversing. The strong rejection signals distribution—institutions likely offloaded positions into the influx of late buyers. This kind of pattern often precedes a larger markdown, particularly when followed by lower timeframe bearish structure breaks.
Unfilled Fair Value Gap as a Draw
Beneath the price lies an unfilled Fair Value Gap, a zone of imbalance left behind by the earlier impulsive move. These areas often act as magnets for price, especially once liquidity objectives to the upside have been completed. Now that the sweep has occurred and distribution is underway, there is a strong probability that price will begin to seek rebalancing within this Gap. The area between 104,000 and 103,500 stands out as a high-probability target for the next leg down.
Execution Insight
If you're looking to enter short, it may be wise to wait for confirmation on a lower timeframe—such as a bearish break of structure or an internal Gap forming during the retracement. A 5-minute timeframe can often give early signs of rejection or supply stepping in. Being patient and allowing the market to reveal intent is crucial, especially after liquidity-driven moves like this.
Final Thoughts
Price doesn’t move randomly—it seeks liquidity and fills inefficiencies. This chart beautifully illustrates that logic, from engineered consolidation to a manipulative sweep, and now potentially toward rebalancing.
If you found this breakdown helpful, I’d really appreciate a like—it helps support the work and keeps this kind of content going. Let me know in the comments what you think, or if you’re seeing it differently. I'm always up for a good discussion.
Btc-e
AVAX/USDT - H4 - Wedge Breakout (29.06.2025)The AVAX/USDT pair on the H4 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming Days.
Possible Long Trade:
Entry: Consider Entering A Long Position around Trendline Of The Pattern.
Target Levels:
1st Resistance – 21.77
2nd Resistance – 24.35
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BITCOIN → Pause for consolidation before growth. 115K?BINANCE:BTCUSDT focus on the structure on D1. The market is forming local resistance and consolidation after growth. The fundamental background is positive. BTC is following the SP500
The market is recovering in line with the stock market (SP500, NQ) after the de-escalation of the situation in the Middle East. The fall in the DXY is also providing support.
Technically, the focus is on the consolidation phase after the distribution triggered by a false breakout of 100K. The price stopped before the resistance at 108100 and rolled back to 106500, confirming the boundaries of the local trading range, the essence of which is a pause for a breather before a possible continuation of growth. The structure on D1 is compression towards resistance. The trigger is 108100, and a breakout of this level could trigger distribution towards 110500 and ATH.
Despite the fact that the market is under a cascade of resistance (resistance: 108100, 110400, 11900 (ATH)), an important nuance is that after strong growth, the price moved into accumulation in the 100K-110K range on D1-W1, and there are no reasons for a decline yet.
Resistance levels: 108100, 108900, 110400
Support levels: 106500, 104650
If the market structure within 106500 - 108100 remains unchanged and BTC continues to storm the consolidation resistance in the “compression to level” format and stick to the level, the chances of a breakout will increase. I do not rule out the possibility of a pullback to 106500, 105650 before a possible rise to ATH.
Best regards, R. Linda!
BTC - Will the Bears finally get their chance?Buy Side Liquidity Sweep in Progress
Price is currently climbing toward a region densely packed with resting buy side liquidity, marked by multiple previous highs. The area around 108,900 to 111,000 is especially significant, with two clear liquidity pools stacked above recent swing highs. These levels are likely to attract price as market participants seek to trigger stop orders and induce fresh buying interest—setting the stage for a potential reversal.
Weakness in the Current Impulse
The recent rally has advanced with minimal retracement and virtually no visible Gaps. This lack of corrective structure often indicates imbalance and suggests the move is overextended. When price moves upward too cleanly, it tends to leave behind thin liquidity zones, making the entire leg vulnerable to a sharper correction once exhaustion sets in.
Fair Value Gap as a Draw Below
Below current price lies a prominent bullish Fair Value Gap around 104,000. This inefficiency was left unfilled during the last leg up and may now serve as a magnet for price. These types of Gaps are often revisited by the market in an effort to rebalance supply and demand, especially after aggressive moves that break structure to the upside.
Once the higher liquidity levels are swept, watch for a clear reaction—either a strong rejection or lower timeframe structure shift—which could signal that the top is in. If that shift materializes, price may begin a downward leg targeting the unfilled Gap below. The magnitude of the move, combined with the lack of structure on the way up, leaves plenty of room for corrective action.
For those looking to engage, waiting for confirmation on a lower timeframe—such as a break of short-term bullish structure or the formation of a bearish Gap—can help time entries more precisely. In setups like these, patience is key: let the Sweep play out, observe how price reacts, and only then consider stepping in.
Bitcoin can turn around from seller zone and start to declineHello traders, I want share with you my opinion about Bitcoin. The price previously broke above the support line and made a strong bullish move from the buyer zone (99300–100500 points). After the breakout, the price started rising steadily and is now approaching the Seller Zone (108500–109500), which also coincides with the resistance line of the downward channel. This area has shown strong bearish pressure in the past. Every time the price entered this zone, it quickly reversed. It’s a key area where many traders seek short-term opportunities. Currently, price is just entering this zone again and showing early signs of weakening momentum. Given the channel's structure, past price behavior near this resistance level, and the presence of the seller zone, I expect BTCUSD to turn around soon. Once the price rejects this level, I anticipate a reversal and a move back into the channel, continuing the downward trajectory. My first target is set at 103000 points, near the center of the range and above the support level (100500). This area has been tested multiple times before and may act as a strong buffer again. Please share this idea with your friends and click Boost 🚀
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
BTC - Falling Correction = Continuation?BTC has been playing by the rules lately!
Every time Bitcoin forms a falling correction, it turns out to be a bullish continuation pattern — and history might be repeating itself 👀
As shown on the chart:
Previous falling channels (flag/wedge structures) have consistently led to strong bullish impulses.
The current correction also appears to be a falling channel, hinting at another potential bullish leg soon.
As long as the structure holds and no major support is broken, the next target could be a new all-time high.
Let’s see if BTC continues to respect this textbook behavior.
📌 Remember: Falling corrections in an uptrend = healthy continuation!
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Bitcoin Approaches PRZ – Will the Falling Wedge Break ?Bitcoin ( BINANCE:BTCUSDT ) failed to break through the Support zone($106,800-$105,820) after attacking it five times , and started to rise again.
Bitcoin is currently moving near the Resistance zone($109,220-$108,280) , Cumulative Short Liquidation Leverage($108,800-$108,085) , Potential Reversal Zone(PRZ) , and Resistance lines .
From a Classical Technical Analysis perspective , Bitcoin's movements over the past two days seem to have formed a Falling Wedge Pattern .
From an Elliott Wave theory perspective , Bitcoin appears to have completed the main wave 4 within the Falling Wedge Pattern. The structure of the main wave 4 was a Double Three Correction(WXY) .
I expect Bitcoin to attack the Resistance lines after breaking the upper line of the Falling Wedge Pattern . If Bitcoin fails to break the Resistance lines before the global markets close , we can expect Bitcoin to fall again. Because entering Saturday and Sunday , the trading volume is generally low , and I think Bitcoin needs a lot of volume to break the resistances .
Do you agree with me?
CME Gap: $106,645-$106,295
Cumulative Long Liquidation Leverage: $106,055-$105,430
Note: If Bitcoin manages to break the Support zone($106,800-$105,820), we should expect further declines.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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Has Bitcoin Topped? Trump’s SBR Impact | Deep Dive Analysis🚨 Has COINBASE:BTCUSD topped? Even with Trump's Bitcoin Strategic Reserve? 🚨
In this deep dive, we analyze COINBASE:BTCUSD major factors that could point to a major reversal or breakout and to uncover whether a market top is forming.
We’ll cover:
Powerful Indicators
Bitcoin / BTC Trends
Price Action
EMA / SMA Trends
Volume Delta
Trend reversal / breakout
Bullish / Bearish / Confirmation from Indicators
order flow analysis
Timeframes (1W, 1D, 1m, 6M etc.)
Bullish and Bearish Sentiment
Strength Candles
👉 Like, comment below, and follow for more pro-level crypto insights.
MartyBoots here , I have been trading for 17 years and sharing my thoughts on COINBASE:BTCUSD .
Whether you're a short-term trader or long-term investor, this post provides the technical insight and edge to help you make better informed decisions.
📉 Stay ahead of the market. Watch the full breakdown and view charts to decide for yourself: Has Bitcoin really topped?
Watch video for more details and below I will show some powerful charts with descriptions.
Warning in near term - LARGE ORDERS
Consolidation in price with large orders above
The Red lines = LARGE ORDERS
Large orders can act as an magnet to price
Large orders can also be support and resistance
Price Above the white 100 moving average
Price strong above it
Price weak below it
Strength Candles
Still Bullish
Multiple timeframes still green
Sentiment Tool Still Bullish
Still Bullish
Multiple timeframes and settings still green
3 Drive Structure
Equal Measured moves
Implies Top Is Not In
Target = $126k
Bullish Engulfing Candle
Implies higher prices to come
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#Bitcoin #Trump #BTC #CryptoTrading #TechnicalAnalysis #CryptoMarket #BitcoinTop #TradingView #StrategicBitcoinReserve
Bitcoin Weekly & $120,000This weekly Bitcoin chart says it all... Please, allow me to reveal to you what the future holds!
Good evening my fellow Cryptocurrency trader, what a wonderful day.
Only one week ever produced a higher close than the current price. Only once, 19-May, Bitcoin managed to close above $107,000... What happens if Bitcoin closes above $107,000? New all-time high confirmed.
Two days remain for the week to close and we—the bulls—only need to maintain a price of $107,000 or higher to send such a strong bullish signal that everybody will come out and start buying.
The next target on this timeframe is $120,000.
Bitcoin is using EMA13 as support. This level was tested and holds, the same for EMA8. When Bitcoin moved above these levels in April, it produced an advance from $83,000 to $112,000, more than 33%. The price now is $107,000 but instead of recovering from below EMA8/13, BTCUSDT is trading above; this means that the bullish bias is fully confirmed.
The weekly timeframe looks great. We can expect higher prices soon, with growth happening for an extended period of time. Bitcoin is very strong now and this is only the start.
I will continue to share proof that shows the entire Cryptocurrency market going up.
Thank you for reading.
Leave a comment with your questions.
Thanks a lot for your support.
Namaste.
MACRO 3-Drive Pattern on Bitcoin | Major Reversal Ahead?Is Bitcoin completing a massive 3-drive structure on the macro chart?
Three clear pushes higher, each with fading momentum, are flashing a major reversal signal.
This could be the final phase before a long-term shift — are you ready for what’s next?
📚 3-Drive Structure Trading Strategy — Full Breakdown
The 3-Drive Pattern is a powerful reversal-based price structure used to spot major turning points in trending markets. It works by identifying three consecutive drives (or pushes) in one direction, typically ending with exhaustion and a high-probability reversal.
Each drive forms a new high or low, but with weakening momentum — especially visible using RSI, MACD, or volume divergence.
🔍 What is the 3-Drive Pattern?
3 consecutive higher highs (or lower lows)
Each drive followed by a shallow pullback
Momentum weakens on each push (divergence forms)
Fibonacci symmetry often present:
- Drive extensions: 127.2%–161.8%
- Pullbacks: usually 61.8%
📉 Bearish 3-Drive (Reversal from Uptrend):
Drive 1: Price makes a higher high with strong momentum
Drive 2: Another higher high, weaker strength
Drive 3: Final high with clear divergence
Reversal: Entry when price breaks below structure
🎯Entry Criteria:
Wait for all 3 drives to form
Confirm with divergence on Drive 3
Use a confirmation candle or structure break
Stop-loss: just beyond the 3rd drive’s high
🎯 Targets:
Conservative: Return to Drive 2 base
Aggressive: Full trend reversal (50%–100% Fib retracement)
🧠 Pro Tips:
Best on 4H, 1D, 3D or 1w timeframes
Confirm with RSI, MACD, or volume divergence
Combine with key S/R or supply-demand zones
💡 Summary:
The 3-Drive pattern is one of the most reliable reversal structures when combined with divergence and Fibonacci symmetry. It's especially powerful at market exhaustion zones and works best with confirmation-based entries.
ETH could be about to rip into a short-term rallyWhile the stock market has seen surprising upside in the past weeks (presumably due to pricing in rate cuts / a more positive liquidity picture / high expectations for Q2), crypto has lagged behind. I don't believe anything significantly above current prices - no matter in which market - is sustainable for now, but we can certainly milk it for whatever it's worth.
Notably, BTC has shown way more resilience and dominance in the current cycle so far. This makes sense in a high interest environment. However, within the bias of the markets pricing in expectations for rate cuts and as such more liquidity, we could also assume that demand for assets other than "safe havens" would now increase as well, leading us to the biased conclusion that we could see altcoins wildly outperforming BTC over the next weeks.
Indeed, if we look at the BTC chart, technicals such as VWAP stddevs show significantly less potential for upside if compared to ETH in the current moment in time. We therefore would focus on ETH at this point (as money flow seems to cycle BTC->ETH->Others).
PLEASE NOTE: SL and TP are not accurate. This is not a precise trading idea. Please use your own judgement in accordance with your trading style.
BTC/USD 1DHello everyone, let's look at the 1D BTC chart to USD, in this situation we can see how the 3rd peak formed us and we are currently fighting to maintain the price or a potential output up if we do not see a try to break out, you can expect a stronger relief.
However, let's start by defining goals for the near future the price must face:
T1 = 108376 $
T2 = 110473 $
Т3 = 112061 $
Let's go to Stop-Loss now in case of further declines on the market:
SL1 = 105444 $
SL2 = 103637 $
SL3 = 100644 $
SL4 = 98285
Looking at the RSI indicator, we see
As we entered the upper part of the indicator again, however, there is still a place to try to grow.
BRIEFING Week #26 : Are we going for a Bubble ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
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IRENs Incredible Surge Continue next wWeek?NASDAQ:IREN has been on a rampage since the April surging 175% and nearing all time high! A great couple of trades for us so far!
Price is likely to hit all time high next week with such a strong trend, where resistance and a pullback is a high probability.
The weekly pivot is $9.77, the most likely area for price to find support just above the 0.382 Fibonacci retracement (which will be dragged up to the weekly pivot once a new high is made).
Price discovery terminal target are the R3 & R5 weekly pivot points at $28 and $40.
Safe trading
StochRSI indicator and support and resistance levels
Hello, traders.
If you "follow" me, you can always get the latest information quickly.
Have a nice day today.
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The StochRSI indicator on the left chart is slightly different from the StochRSI indicator on the right.
The StochRSI indicator on the left chart is the StochRSI indicator provided by default in TradingView, and the StochRSI indicator on the right chart is an indicator with a modified formula.
The StochRSI indicator is a leading indicator that is reflected almost in real time.
Therefore, it reacts sensitively to price changes.
Although it is advantageous because it reacts sensitively, it also increases the possibility of being caught in a fake, so I thought that a slight delay(?) was necessary, and so I created the StochRSI indicator on the left chart.
If you look at the relationship between the K and D of the StochRSI indicators on the two charts, you can see that there is a big difference.
In the end, you can predict the movement by checking whether the movement of the K line has escaped the overbought or oversold section.
However, I think that you will receive information that can determine the sustainability of the trend depending on the positional relationship between K and D.
Therefore, it is important to distinguish the inflection points that occur in the StochRSI indicator.
This is because these inflection points provide important information for drawing trend lines.
Therefore, the StochRSI indicator on the left chart, which better expresses the inflection point, is being used to draw the trend line.
(Unfortunately, this indicator was not registered on TradingView because I did not explain it well.)
-
As a new candle was created, the StochRSI indicator on the left chart is showing an inflection point on the K line.
The StochRSI indicator on the right chart is showing a transition to a state where K < D.
We will have to check whether the inflection point was created only when today's candle closes, but I think that the fact that it is showing this pattern means that there is a high possibility of a change in the future trend.
Since the next volatility period is expected to start around July 2nd (July 1st-3rd), I think it has started to show meaningful movements.
-
It is true that you want to buy at the lowest price possible and sell at the highest price.
However, because of this greed, one mistake can lead to a loss that can overturn nine victories, so you should always be careful.
Therefore, if possible, it is better to check for support and respond.
In that sense, I think it is worth referring to the relationship between K and D of the StochRSI indicator on the left chart.
This is because the actual downtrend is likely to start when K < D.
-
In order to check for support, you definitely need support and resistance points drawn on the 1M, 1W, and 1D charts.
Ignoring this and checking for support at the drawn support and resistance points can result in not being able to apply the chart you drew to actual trading.
Therefore, you should draw support and resistance points first before starting a trade.
Otherwise, if you draw support and resistance points after starting a trade, you are more likely to set support and resistance points that reflect your subjective thoughts, so as I mentioned earlier, you are more likely to lose faith in the chart you drew.
If this phenomenon continues, it will eventually lead to leaving the investment market.
-
It is important to determine whether there is support by checking the correlation between the StochRSI indicator and other indicators at the support and resistance points drawn on the 1M, 1W, and 1D charts.
Even if the inflection point of the StochRSI indicator or other indicators occurs at a point other than the support and resistance points you drew, you should consider it as something that occurred beyond your ability to handle.
In other words, you should observe the price movement but not actually trade.
As I mentioned earlier, if you start to violate this, you will become less and less able to trust the chart you drew.
-
Accordingly, the basic trading strategy I suggest is to buy near the HA-Low indicator and sell near the HA-High indicator.
However, since the HA-Low and HA-High indicators are expressed as average values, they may move in the opposite direction to the basic trading strategy.
In other words, if the HA-Low indicator is resisted and falls, there is a possibility of a stepwise downward trend, and if the HA-High indicator is supported and rises, there is a possibility of a stepwise upward trend.
Therefore, the basic trading strategy mentioned above can be considered a trading strategy in the box section.
In the case of deviating from this box section, it is highly likely to occur before and after the volatility period indicated by the relationship between the trend line using the StochRSI indicator mentioned above and the support and resistance points drawn on the 1M, 1W, and 1D charts.
Therefore, special care is required when conducting new transactions during the volatility period.
This is because there is a high possibility of being caught in a fake when trading during the volatility period.
-
The DOM(60) and DOM(-60) indicators are good indicators to look at together with the HA-Low and HA-High indicators.
The DOM indicator is an indicator that comprehensively evaluates the DMI, OBV, and MOMENTUM indicators.
Therefore, the DOM(60) indicator is likely to be at the end of the high point range, and the DOM(060) indicator is likely to be at the end of the low point range.
In the explanation of the HA-Low and HA-High indicators,
- I said that if the HA-Low indicator receives resistance and falls, there is a possibility that a stepwise downtrend will begin,
- and if the HA-High indicator receives support and rises, there is a possibility that a stepwise uptrend will begin.
In order for an actual stepwise downtrend to begin, the price must fall below DOM(-60), and in order for a stepwise uptrend to begin, it must rise above DOM(60).
In other words, the DOM(-60) ~ HA-Low section and the HA-High ~ DOM(60) section can be seen as support and resistance sections.
-
If these correlations start to appear, I think you will be able to create a trading strategy that fits your investment style without being swayed by price volatility and proceed with trading.
The reason for analyzing charts is to trade.
Therefore, the shorter the time for chart analysis, the better, and you should increase the start of creating a trading strategy.
-
Thank you for reading to the end.
I hope you have a successful trade.
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HelenP. I Bitcoin can drop from resistance levelHi folks today I'm prepared for you Bitcoin analytics. If we examine the chart, we can see that the price has approached a significant resistance zone between 108200 and 108800. This area previously acted as a ceiling for the price, and now coincides with the retest of the broken trend line from above. After a strong bullish push from the support zone near 103000, the price is currently consolidating just below resistance, which often signals hesitation and potential reversal pressure. Earlier, we observed a period of consolidation around the support zone, followed by a breakout that broke above the trend line. However, the current structure suggests that the breakout may have been temporary. With multiple signs of slowing momentum and price failing to break convincingly through the resistance, a bearish move from this level becomes increasingly likely. Given the context, I expect BTCUSD to reject this resistance and move downward toward the 103000 support level again. That is my current goal, as I anticipate the price to complete a corrective wave in line with the overall structure. If you like my analytics you may support me with your like/comment ❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Example of how to draw a trend line using the StochRSI indicator
Hello, traders.
If you "Follow", you can always get new information quickly.
Have a nice day today.
-------------------------------------
We use the StochRSI indicator to draw a trend line.
We draw a trend line by connecting the peaks of the StochRSI indicator, i.e. the K line, when they are created in the overbought area or when they are created in the overbought area.
That is, when the K line of the StochRSI indicator forms a peak in the overbought area, the trend line is drawn by connecting the Open values of the falling candles.
If the candle corresponding to the peak of the StochRSI indicator is a rising candle, move to the right and use the Open value of the first falling candle.
When drawing the first trend line, draw it from the latest candle.
Since the third trend line indicates a new trend, do not draw anything after the third trend line.
The currently drawn trend line corresponds to the high-point trend line.
-
Therefore, you should also draw the low-point trend line.
The low-point trend line is drawn by connecting the K line of the StochRSI indicator when the top is formed in the oversold zone.
The low-point trend line uses the low value of the candle when the K line of the StochRSI indicator forms the top in the oversold zone.
That is, it doesn't matter whether the candle is a bearish candle or a bullish candle.
The drawing method is the same as when drawing the high-point trend line, drawing from the latest candle.
The top of the best K line of the StochRSI indicator was not formed within the oversold zone.
(The top is indicated by the section marked with a circle.)
Since the trend line was not formed, the principle is not to draw it.
If you want to draw it and see it, it is better to display it differently from the existing trend line so that it is intuitively different from the existing trend line.
-
The chart below is a chart that displays the trend line drawn separately above as a whole.
It is also good to distinguish which trend line it is by changing the color of the high-point trend line and the low-point trend line.
The chart below is a chart that distinguishes the high-point trend line in blue (#5b9cf6) and the low-point trend line in light green (#00ff00).
The low-point trend line is a line drawn when the trend has changed, so it does not have much meaning, but it still provides good information for calculating the volatility period.
-
To calculate the volatility period, support and resistance points drawn on the 1M, 1W, and 1D charts are required.
However, since I am currently explaining how to draw a trend line, it is only drawn on the 1M chart.
-
I use the indicators used in my chart to indicate support and resistance points.
That is, I use the DOM(60), DOM(-60), HA-Low, HA-High, and OBV indicators to indicate support and resistance points.
Since the DOM(-60) and HA-Low indicators are not displayed on the 1M chart, I have shown the 1W chart as an example.
The indicators displayed up to the current candle correspond to the main support and resistance points.
Although it is not displayed up to the current candle, the point where the horizontal line is long is drawn as the sub-support and resistance point.
It is recommended to mark them separately to distinguish the main support and resistance point and the sub-support and resistance point.
The trend line drawn in this way and the support and resistance points are correlated on the 1D chart and the volatility period is calculated.
(For example, it was drawn on the 1M chart.)
The sections marked as circles are the points that serve as the basis for calculating the volatility period.
That is,
- The point where multiple trend lines intersect
- The point where the trend line and the support and resistance points intersect
Select the point that satisfies the above cases at the same time to display the volatility period.
When the point of calculating the volatility period is ambiguous, move to the left and select the first candle.
This is because it is meaningless to display it after the volatility period has passed.
If possible, the more points that are satisfied at the same time, the stronger the volatility period.
If the K-line peak of the StochRSI indicator is formed outside the overbought or oversold zone, it is better to exclude it when calculating the volatility period.
-
The chart below is a chart drawn on a 1D chart by summarizing the above contents.
The reason why there are so many lines is because of this reason.
For those who are not familiar with my charts, I have been simplifying the charts as much as possible these days.
However, when explaining, I have shown all the indicators to help you understand the explanation.
-
Thank you for reading to the end.
I hope you have a successful trade.
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Bitcoin’s not done dropping. Selling pressure’s still on!Welcome aboard ✌️
In order for Bitcoin to climb higher, we first need a deeper correction.
Right now, price is stuck inside a channel — and it’ll take stronger momentum to break out.
🔻 So for now, I’m expecting further downside. Stick with me and don’t miss this bearish wave!
BINANCE:BTCUSD OANDA:BTCUSD
Bitcoin short position After my win streak from previous trades on btcusd I happy to give me to the people who followed me
Here's another great trade for you
Short Bitcoin with a limit order at 108,500
Take profit at 101k , stop loss at 109,500
A 7.5 to 1 risk reward ratio 🔥😉
You can never find anybody trade Bitcoin like me