Finding the decision zone. Follow or fail.

2021년 6월 27일

Cant make it more simpler than this :)
I am using a 4 h chart but any time frame will do.
This is really simple way to see where the possible decision zone or price is.
If one (or 2) moves above/below the R or S line but the rest refuses to follow, there is strong probability for the change in direction.
In this particular case, if ETH and or LTC wont make it above the same line as BTC, BTC will fail too and search for next support starts.

2021년 6월 28일

거래청산: 타겟 닿음

now you find a next level (S or R) that matches and go from there.

2021년 6월 28일

노트

Finding the decision zone. Follow or fail.

2021년 6월 28일

노트

BTC is still stuck right under that R LTC is no better.

2021년 6월 30일

노트

to make it more obvious, I used 1 H

2021년 7월 7일

노트

Here is the latest update. Levels have slightly changed, new R added

2021년 7월 7일

노트

2021년 7월 9일

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As you can see, BTC failed to make it above R and dragged everything else down with it.