Comprehensive work for different time-frames Bitcoin(Gemini).You can share your LOVE , by giving me LIKES and COMMENTS : this your action will inspire me to work more and more...
Hey, My dear Trader s(Friends),
This is my second posted an idea , the first Idea was successfull y target achieved.
On the parallel channel( value area ) are plotted following analysis-:
At the value high, 4 yellow dotted.
5 touching on the Control Price line
3 Dots having value low
An excess found.
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Booked Profit of 587 points in the last update.
Here is the complete timeline trades post:
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--->> Daily chart, Break-Out ...?
Look at the "?" breakout is the question .
2-control lines
parallel channel with value high and low
an excess found(penetration)
Remarkable point:
=> 1) Volume started to rise while last tested at value low(b) which sign of up-breakout. if there's up the breakout, then price not break (b) orange line (gravitation).
=> 2) Point should be note that, many Dots or many times price tried to touch at value low("b" line).
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The weekly chart is still bullish :
Following patterns has been detected-:
initiative movie
two triangles
rounded move with low volume
tails (while u-turn )
---> ATR 1379 point on the weekly chart.
Calculation of ATR:
1379 ATR + 6775 last week closed = 8154 target of this week .
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Top reversal Head & Shoulders Pattern :
Ref:
