Bitcoin pump and dump with patterns

Updated

Hi, this month bitcoin made a good positive move but not able sustain it and gave a sharp down move, well bitcoin is moving within 2 major patterns, one is rising and other is falling well u can see how the pattern impacts the bitcoin

bitcoin also formed a LL patten with wider spread, will show it in next graphic,also show the levels i posted in bitcoin chat especially weekly and 12M, from where it got the resistance and now trying to take a support at the weekly after taking support at a day/4H level the previous day

will post the important levels for the week and month in coming graphics

sorry chosen the wrong layout,its my mtf setup i use for trading, u will find the day chart in next graphic

Note

Note

need to break this LL to be positive for the time being

Note

posted these levels on 16th

Note

for the time being a 4H inside bar/ doji range

Note

12M pattern

Trade active

6M & 12 M lvls

Trade closed: target reached

Note

this is the follow up of the idea i posted using 36 M candles gave almost perfect closing lvl for the year 2023, lets if able to work in 2024 and further

Note

this one

Note

monthly pattern

rising one, if broken lower range

Note

without log

a rising pattern but with resistance and support lets c what bitcoin do here

Note

bitcoin ride the curve perfectly shown in my verys ist bitcoin post , so important level / junction

Note

right now , a combination of 15min,1H,2H and ID tf

Note

patterns in 5 in time frame (tf)

Note

a possible complete pattern analysis from 12M to 5 min 😎, will post more if i find something

Note

curved patterns are reason for greed and fear, sharper angles increases the greed or fear both ways, at the edge of the curve in monthly tf, next month it will decide the path to follow, well patterns support levels are there but till price took support at levels, consider peak of the curve as resistance posting below my very 1st bitcoin idea as an example

Note

progress of that ida ,curve gave support to bitcoin multiple times after posting it

Note

5 min patterns in progress

Note

right now

Note

in 5 mins

Note

mtf progress

Note

progress

Note

5 mins

Note

new 4H

Note

progress i 1 min

Note

in mtf

Note

if continue with the curve means consolidation

Note

2H opened above the tl and 15m under tl

Note

these zones are inside bar zones and respective bo zone

Note

new 4H

Note

got resistance from new 4H lvl

Note

bitcoin need to save this hammer

Note

pattern in d ay tf

Note

new 4H

Note

5 min progress

Note

some changes in day setup

Note

use end button to go for lates

Note

new 4H

Note

got the tl and lvl sup , still tl /lvl above

Note

new 4H

Note

new 4H pleas use end button

Note

a perfect progress

Note

progress

Note

progress

Note

following the pattern

Note

also forming a LL one

Note

some lvls

Note

2 days ago

Note

progress , added one more tl

omvats1

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.