this is the same daily chart I just posted but on a 15min TF with local break levels marked in turquoise 15min = turquoise
This is Peaks and Valley's on a Daily timeframe. The green is the accumulation mountain the red is distribution mountains. The older the mountain, the stronger it is. From the peaks and valley points are horizontal rays that will become the daily levels for those ranges. from the 1hr timeframe, we will see how the daily levels are respected and the hourly...
enjoy this C0tt0nC4ndy TA thats digestible. Technical Analysis is comprised of several parts; Procedural Analysis, Risk Analysis & Comparative Analysis. Break Levels. As price distributes printing two or more consecutive distribution candles, a distribution range is created on that timeframe. Price must now accumulate and break over the level to break the...
enjoy some C0tt0nC4ndyTA Data points are expressed in the names of each level. Each level has a different expectation of data that it represents, which is relevant to the current price. the data points with a small detail is added to the level. Orange = 4hr data Yellow = 1hr data
yellow = hourly levels Orange = 4hr This is a brief description. I would look for a scalp on the 5min TF off those 1x dotted lines. if they hold, great. if not, shoot the bear and ride it down.
#ETHGATE Analysis Red = Daily dashed levels hold the move and protect the range. Solid lines break the range. 2x dotted lines are Origin levels. Or Solid lines that have been tested 3x I change to Origin levels
This chart will be slow moving. grey = weekly red = daily #ETHGATE #DURHAMREPORTGARY
Want some xrp updates? Red = daily Orange = 4hr Yellow = 1hr Have a good day. 👍