here are some bitcoin analyzed SD zones on weekly time frame. Price respects these zones and there are chances to change the trend's dirrection after touching these areas. As we know there is a prediction of btc price. In this year price could possible to touch around 30k usd. so waiting for the strong move. Enjoy the Weekend.
Thanks for posting. I also refer to the chart analysis of your instagram. I have a question on this chart. The weekly supply zone you have drawn does not eliminate the opposite zone and wonders why it can become a valid zone even though you have not broken the Trendline.
In SD we always look at past. Previous Strong level as well. When market starts creating new levels we see in new levels which level is going to break those strong areas. It normaly starts from daily and weekly. Monthly areas are actually more stronger so it is quite difficult to break monthly areas. So first market tries with weekly impulses to break monthly area again and again. It is like a door in front of you but you don't have key of that door. Now you want enter through that door. Now what you do you would push that door once then twice with more effort then again and again and finally you break that door with more power. Here is the same thing happening. Market turns back new weekly demand area and try to break monthly supply with more pressure. So this is all happening right now. May be we can discuss further on that.
Best wishes.
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@man_am_raazdan, thank you for your reply!! I am happy to learn strategy through you. thank you so much!!
I am always thankful to you.