BTC Bullish Trend Weekly BTC-CAD Chart.
Clear breakout of C&H Pattern done, Current RSI at 77, resistance of around 85 levels. Approx 145,000 levels. Profit booking can be done at these levels, gap filling can be done.
See how BTC heads towards all of my lines my intersecting lines I think I've come up with a way to follow BTC and other coins with my lines and TR Main
I use lines to find the sweet spots in the chartFinds the sweet spots in movement and heads towards them.
Til TR Main Hybrid System works for me, I don't work for it. That Man's a great Teacher. You should listen. Astutely
Follow my chart and if it works I will say how I chart with lineFollow my chart and if it works I will say how I chart with lines and TR Main Hybrid System. Showing is better for me. I am not a good explainer.
Trend line analysis - Weekly Trend line analysis - Weekly Timeframe
These curves & triangles highlight support/resistance zones on a weekly timeframe. Fairly conventional methods used. RSI & MACD incidators aswell. There are two triangles highlighting the possible RSI outcome if the support/resistance zones hold out.
I believ
Possible Triple BottomIm suprised no one else from what ive seen saw this pattern forming. Not financial advice
Possible Triple bottomI am really suprised no one else saw this but this could be a triple bottom forming on the daily chart
A strong correction will mean strong future supportIf Bitcoin follows the Fibonacci , to the .382 or .5, the result should be a strong support structure for future growth.
I think it should then be considered a healthy market correction after such a long monthly bullish move.
There most likely will be a lot of BUY opportunities in the .382/.5 zon
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Displays a symbol's price movements over previous years to identify recurring trends.