3-bar-play
4-bar-play
bitcoin
btc
btcusd
candlestick
crypto
cryptocurrency
economiccycle
supportandresistance
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3-bar-play
4-bar-play
5-13-62
51362
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Bitcoin has traded in this range for the past month. In true Bitcoin fashion, the range is huge, approximately 32% from bottom to top. Bullish: History and the stock-to-flow model suggest that this is a correction and accumulation phase before continuation of the bull cycle. If history is any indication, the BTC long-term bull cycle should last a little more...
5
This indicator helps identify 3-bar and 4-bar plays, which are price action patterns consisting of a wide ranging bar that breaks above or below resistance or support, followed by one or two collecting/consolidating bars, then a continuation bar in the direction of the new trend. The 3 and 4-bar play is taught by Jared Wesley and Anmol Singh at Live Traders. The...
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