Smart Money PIVOTS
Match colors and you’ll get the point. Realize the trend has stuck in between the volume yellow lines. Thats why it’s so important to know trends can get rejected and stay within volume.
Contraction brings also back the trend to its horizontal red line until smart money decides to make the big move.
Hidden: 4 hour pivot matches with 6 hour pivot. They both agree.
Red is a possibility which meets up as an equal lows.
Contraction brings also back the trend to its horizontal red line until smart money decides to make the big move.
Hidden: 4 hour pivot matches with 6 hour pivot. They both agree.
Red is a possibility which meets up as an equal lows.
Note
Charts don’t contradict each other. All others still stand, Match 4 hours and you’ll see it still reads about the same price.Note
Generally mates we have a tendency of writing out the zigzags. But I want to be clear on the 4hr & 6hr, 2 time frames completed the w meaning reversal up trend. I know the possible red w, no one wants to see.
This actually helps short term traders to know where BTC might be headed.
I won’t tell you what you want to see but where
bitcoin might end up at.
Date 1/2/24 is a date where I drew the line to where more or less BTC is headed.
If it’s on an uptrend reaching to that date then ya know what to expect or vice versa.
Note
Remember from now up until 1/2/24, BTC will have a good spike, don’t buy late. 3hr time frame has formed black candlesticks. Pivots are making progress.Note
FYI: theres gonna be a high surge for BTC. I was under the impression this was starting on 1/1 late morning up until 1/2 but seems it’s already started.Note
BTC should have a total of +10.00% revenue as I’ve mentioned before. So far it’s been roughly around 5%,
Smart money is pushing all their millions BIG. As of now both groups are waging war against each other.
For that reason also candlesticks are moving into a high-speed mode.
Rally ends 1/2/24
Note
So far bitcoin has risen to +7.39% since today. I mention a while back BTC would hit +10.00%. Anything after 10% is on you because by then BTC has to bullishly park and rest until a further PIVOT analysis is done so this way we can confirm if they still match to previous PIVOTS. If I happen to draw a pattern with it, don’t focus on the pattern, remember PATTERNS ARE JUST TO GUIDE US.
"You hear the wind, but where does it go?"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
"You hear the wind, but where does it go?"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.