Bitcoin
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OK Gringos, at a stoplight what does Green mean to you?

For the love, do not follow this idea input as advice. It's just a unique way of looking at Bitcoin.

The narrower support & resistance ranges have been algorithmically generated by another person-

🔵 the Blue line at the bottom = the best generic discount I think we are likely to see on a fluke basis (scam wicks, manipulations, etc)

There's no guarantee we EVER see the level of "blue line" discounts on Bitcoin, so set your own orders with this in mind.

Think of the rest like approaching a stoplight 🚥

What do you do when the light turns:
🟢 GREEN:
You usually hit the gas, unless something VERY bad is coming your way (person running the red light from the other direction- ambulance, etc)

🟡 YELLOW:
Depending on your risk tolerance, you either slow down or GO FASTER.

🔴 RED:
Usually you hit the brakes... unless something VERY bad is coming your way, again.

Bottom line: the light is a tool to help you, but should NEVER replace situational awareness!

And the top range:
🟣 ULTRAVIOLE(N)T

This is technically even more red than 🔴 RED.

FAFO, but know that the people who identify correctly shorts in this range will absolutely CRUSH everybody else's hopes & dreams.

And they'll do so for both fun AND massive profit.
Multiple Time Frame AnalysisParallel ChannelSupport and Resistance

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