#BITCOIN 4 HOUR CHART
I been posting this chart on X since about Jan 2023 and in its current Zoom since March this year.
All but the last level the arrows are poiinting to have been met. It should not be thought that the 4th cannot be reached, though it is becoming increasingly unlikely.
I do believe we are about to rise up out of the channel but we may get held back by that rising line of resistance,
I am a strong believer thatr Fibonacci Circles can often be used as Flags and I will not change on that front.
And we are approching one from 2nd week of September, a time that many belive is to be Bullish.me included.
But caution never hurt anyone.
Have plans in place
i JUST JOINED. lEARNING THE ROPES AND WHILE i AM EXPERIENCED IN THE COMPUTER / INTERNET WORLD, i SEE MY CAPS LOCK CAN STILL sPRING A SURPRISE OR TWO
This one of my Favorite charts.
Monthly candle colour on Close.
Patterns are formed and we can see how trends follow on from previous cycles.
And Looking back over previous years, should this month close GREEN, it is a ~VERY Bullish signal after the last 6 months colours.
We have one week to wait.
and we are a RED Hammer currently.
All to play for
#Bitcoin Weekly simple chart showing centre line....and a Xoomed version s howing the current position on it 
We aer below the centre line but maybe about to find support
This is my Long Term Bitcoin Idea.
We went into channel in March 2013, having previously tested the line as resistance in May 2011
From this point, we went into ATH in Nov 2013, tested upper trend line as resistance and then went back down. And the "Cycles" began
Trendlines become Valid with a minimum of 3 touches and Both these lines have multiple tests.
It is obviously possible to break out of the Channel , as it is possible to break over it.
Currently, we have just risen over a "central " line and testing as support.
The Orange line is a Fibancci Spiral that acted as resistance till PA broke out in October 2020.
See how the deep bear tested that as support in Nov 2022.
there is so much more to this but that is the simple version and what I have based my Bitcoin strategies on.
I am still in profit
Hello Check - Glad to see you here Matey....
I Just signed up to NOSTR - Tired of the X pollitics and Crap - I LOVE BITCOIN and that is all I will post about