So this is something I'm testing out. The chart is titled "Triggers" because the horizontal dashed lines represent price action triggers based off of my analysis!
Basically, if the analysis is correct, any 1HR CANDLE that CLOSES above/below the YELLOW line will likely continue to the blue area.
Also, if any 4HR CANDLE CLOSES above/below the GREEN line, price will likely continue towards the blue box.
This is a 1HR chart, however, there are GREY VERTICAL LINES on the chart that represent the 4HR candle closes.
By publishing this chart, we can always come back to it and press the "PLAY" button to see how things played out. It's a little tricky to do on a phone though, you have to turn the phone sideways (landscape view) and sometimes scroll forward or push the ">>" button before the "play" button becomes visible.
Hope you guys like it. It'll be interesting to say the least. In the future I plan to combine them with the analysis used to come up with the levels by leaving a link to those charts in the description.
Feel free to comment and please LIKE, FOLLOW, and SHARE if you wish. Thank You!
Hi, do you see here any big movement BTC towards 30-40K (before sharp pressure down to 10K area)?
I ask, because SPX starts to paint a double top (4600, later more 4900, after that a sharp correction to 2600) while BTC on 1W shows a high potencial for a dead cross MA50 with MA100). There are also since beg Aug some signals for an alt season
I ask, because SPX starts to paint a double top (4600, later more 4900, after that a sharp correction to 2600) while BTC on 1W shows a high potencial for a dead cross MA50 with MA100). There are also since beg Aug some signals for an alt season
blockchaincenter.net/altcoin-season-index/
Something is going on.