omvats1

Bitcoin and price ranges for the month , week, and day

omvats1 מעודכן   
BINANCE:BTCUSDT   Bitcoin / TetherUS

price is at the combination of quarterly candles high and low (dark blue) could act's as a resistance for the month ,also at my weekly high range (light blue) , could act's as a resistance for the week, price opened above my monthly pattern high range (white line) so, it acted as a support for the month, my normal day range is higher than these ranges but price is near a monthly closing so possibly higher range prevail
when price reaches my levels just become cautious, and look for the price action, as there are many levels, there is always a possibility that price break it or take R or S
previous day price breaks my day level and got rejected at extended day levels , graphic in the comment section, price almost followed my weekly levels posted earlier graphic in the comment section
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weekly range graphic showing this week normal and extended range ,vertical line showing normal range
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previous day range normal green lines, extended light yellow, price broken the normal day range, after being in the range for hours and got rejected at extended range yellow line
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price spend almost 9 hrs with in the narrow range
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quarterly resistance levels and the trend line acting as a resistance
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a triangle
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a fight at 12 M level
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next month and 1st week range within the constraint of 12M and 3M price lines
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price perfectly got rejected from weekly level and took support at the daily level
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now closing this analysis, close of weekly candle
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might not be able to provide further 4 hr updates for next 8 hrs
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closing this idea/analysis, thanks
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