Applying Technical Analysis in multiple time frames: $BBTNMonthly
• Trend and momentum using Joe Rabil Method:
- From May 2020, price made HH and HL and is now in transition phase. If it breaks 2100, it becomes presumptive Uptrend.
- In March 2024, price broke the downtrend line (Step 1), tested the low (Step 2) and is on its way to Step 3
• Harmonic Trading Method: N/A
Weekly
• Trend and momentum using Joe Rabil Method:
- Last leg is in presumptive uptrend and is on its way to Step 4. If it breaks 1545, it becomes an uptrend.
- Price is above 18-week MA and 40-week MA, 18-week MA is rising and starting to separate from 40-week MA.
- MACD is rising as per price
• Harmonic Trading Method: N/A
Daily
• Trend and momentum using Joe Rabil Method:
- MACD made 0-line reversal in every pullback
• Harmonic Trading Method: Bearish Bat was complete; price moved down and now is up to Step 4
1H
• Small bearish bat is complete, and price is in consolidation
• I will pay attention on MACD, whether it can make 0-line reversal or not.
10M
• Price moves in rectangular shape.
• I will pay attention on 18-10M MA, whether it will make GC and up or not, and MACD to be above 0 line
