BTC | Feb 2025
Black = Yearly timeframe candle, levels, trends
Pink = Monthly timeframe candle, levels, trends
Grey = Weekly timeframe
Red = Daily timeframe
Orange = 4hr
yellow = 1hr
blue = 15min
green = 5min
not all timeframe candles, levels, trends, marked or shown. methodical top down analysis.
BS = Backside level.
expectation = strong price reaction. i.e candle should start to reach / "wick" down to Backside levels. If that expectation is not met, then, price is targeting lower in the range to the Frontside (FS) candle. If price is below a BS level or FS level, it will act as resistance until price can get above the level.
FS = Frontside candle
expectation = hold price until reversal, trend break. "consolidation", "soups", "sharp turns" whatever you want to call it, expect that here. Classic trend breaks happen if price can be supported by a frontside level. If price is closing below this level, then, look for Inverse levels to start forming and reversing the move. the range is failing. dropping off a cliff scenarios happen when Frontside levels fail.
Inv. BS = Inverse backside.
expectation = same as Backside level but resistance for price.
Inv.FS = Inverse Frontside.
expectation = same as frontside level but resistance for price.
Pink = Monthly timeframe candle, levels, trends
Grey = Weekly timeframe
Red = Daily timeframe
Orange = 4hr
yellow = 1hr
blue = 15min
green = 5min
not all timeframe candles, levels, trends, marked or shown. methodical top down analysis.
BS = Backside level.
expectation = strong price reaction. i.e candle should start to reach / "wick" down to Backside levels. If that expectation is not met, then, price is targeting lower in the range to the Frontside (FS) candle. If price is below a BS level or FS level, it will act as resistance until price can get above the level.
FS = Frontside candle
expectation = hold price until reversal, trend break. "consolidation", "soups", "sharp turns" whatever you want to call it, expect that here. Classic trend breaks happen if price can be supported by a frontside level. If price is closing below this level, then, look for Inverse levels to start forming and reversing the move. the range is failing. dropping off a cliff scenarios happen when Frontside levels fail.
Inv. BS = Inverse backside.
expectation = same as Backside level but resistance for price.
Inv.FS = Inverse Frontside.
expectation = same as frontside level but resistance for price.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.