The original idea was made in the first half of the year downtrend. I decided to continue this ridiculously simple idea because it was definitely quite accurate and helpful in maintaining self-confidence during the depression phase. Hope and optimism bring their own challenges.
Orignal idea:
Dated new All-Time-High @ Mon 11 Nov 2024
Commento
On the one year candle chart we can count one year red and three years green (white here). From this simple perspective, Bitcoin has entered the second of three positive years. This will probably either be my worst or best idea ever.
Commento
Technically it broke All-Time-High yesterday, it was a lot faster than expected and therefore a success in what this idea was meant for: maintaining mental stability for holding a market position. Daily: Weekly: Somethings to look out for: - close to a new potential price discovery - current high funding rates, open interest - technical indicator resets even though price discovery is mostly psychological -- concerning 4h, Daily and Weekly timeframes. Higher timeframes like the Monthly, Three Monthly and Yearly are mostly still green light. - Moms, dads, uncles and their dogs buying or not. Listen around. High Volatility is to be expected.
Commento
Updated Volume Pattern idea chart as the date comes closer and it may or may not be of importance. Weekly +5d till close snap with updated chart and set date
Commento
Daily +6h till close
Weekly +2D till close
Monthly +13D till close
Commento
Yearly +2M 14D till close with volume pattern
Commento
Daily with new red D below resistance
*changed signal ema value from 5/30 to 3/12
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.