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NYC1976
Aug 6, 2023 7:27 PM

2023-08-07, Monday (Before Asian Market Open) 3:21AM: BTC 4H 

Bitcoin / U.S. dollarBitstamp

Description

To the East it's Monday now.
To the West it's still Sunday afternoon.
Bitcoin is out of the descending wedge which the first try out of 0.236 ($29,576) have been rejected.
And now basis on experimental Blue Diamond drafted. We shall see how it goes from here and how accurate can this Diamond Pattern be utilized on macro 4H Chart. Usually I would use Diamond Pattern on Daily Chart instead of 4H which is quite fragile to test out.

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4H CHART

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2023-08-08, Tuesday 4H

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2023-, Wednesday 4H &EMA200

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2023-08-09, BTC zoom out

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2023-08-13, Sunday.
This is Logarithmic Ideas.
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