Bitcoin pump and dump with patterns

تم تحديثه

Hi, this month bitcoin made a good positive move but not able sustain it and gave a sharp down move, well bitcoin is moving within 2 major patterns, one is rising and other is falling well u can see how the pattern impacts the bitcoin

bitcoin also formed a LL patten with wider spread, will show it in next graphic,also show the levels i posted in bitcoin chat especially weekly and 12M, from where it got the resistance and now trying to take a support at the weekly after taking support at a day/4H level the previous day

will post the important levels for the week and month in coming graphics

sorry chosen the wrong layout,its my mtf setup i use for trading, u will find the day chart in next graphic

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need to break this LL to be positive for the time being

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posted these levels on 16th

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for the time being a 4H inside bar/ doji range

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12M pattern

تم فتح الصفقة

6M & 12 M lvls

أغلقت الصفقة: تم الوصول للهدف

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this is the follow up of the idea i posted using 36 M candles gave almost perfect closing lvl for the year 2023, lets if able to work in 2024 and further

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this one

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monthly pattern

rising one, if broken lower range

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without log

a rising pattern but with resistance and support lets c what bitcoin do here

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bitcoin ride the curve perfectly shown in my verys ist bitcoin post , so important level / junction

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right now , a combination of 15min,1H,2H and ID tf

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patterns in 5 in time frame (tf)

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a possible complete pattern analysis from 12M to 5 min 😎, will post more if i find something

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curved patterns are reason for greed and fear, sharper angles increases the greed or fear both ways, at the edge of the curve in monthly tf, next month it will decide the path to follow, well patterns support levels are there but till price took support at levels, consider peak of the curve as resistance posting below my very 1st bitcoin idea as an example

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progress of that ida ,curve gave support to bitcoin multiple times after posting it

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5 min patterns in progress

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right now

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in 5 mins

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mtf progress

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progress

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5 mins

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new 4H

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progress i 1 min

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in mtf

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if continue with the curve means consolidation

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2H opened above the tl and 15m under tl

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these zones are inside bar zones and respective bo zone

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new 4H

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got resistance from new 4H lvl

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bitcoin need to save this hammer

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pattern in d ay tf

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new 4H

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5 min progress

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some changes in day setup

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use end button to go for lates

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new 4H

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got the tl and lvl sup , still tl /lvl above

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new 4H

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new 4H pleas use end button

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a perfect progress

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progress

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progress

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following the pattern

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also forming a LL one

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some lvls

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أول أمس

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progress , added one more tl

omvats1

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