Btc Analysis Serie 3- Line PivotPoint Analysis For New İnvestors

26 ago 2021

Easiest and mostly trustable lines for new investors.
spikes which are over candles are indıcators of candle extremity. The indicator makes support and resistances zones with accumalating at the time frame
these spikes are data points.
When merge the points, it gives to us knowladge about to investors buy and sell.

Already thecnic analysis is art of investors psycholigal which are reflect on the candle sticks.
So, technical analysis is psychoanalysis. it is reflect on graphics of investors psychology.
When look to the my analysis, we see a strong support where spikes to concentrate on , this zone taken by me orange square with pencil.
Mean of breakout the zone, drop prices to resistance zone, ı took square also the zone with green pencil at the bottom.

Hard to breakout a strong support. but mostly impossible to breakout two strong support. Because supply show us event of accumulating investors. The areas always protected by big investors cause of using start position or sell position at old days.
Also bots are more active on the areas because of indicator data produce buy and sell signals more than the other areas.

So, if the supply areas breakout, it means loss the area completely. but next supply area will give to us a new buy zone.
Lines are important because if you want to see how it work now, you should draw a line to current price from the old supply area. You can see price movements where is support, where is resistance.

When look on the btc, red zone is 1. support area and 2. green area is a support which good for buy. We can use end of 1. and 2. spike areas for stop loss.
dont losing money is greatest profit. If you dont protect your capital, you cant protect your earn. dont forget, greatest profit earn when buying, not selling.
Datas becaming to more trustable when time frame expansion. So trendlines and channel lines should draw on 4 hour. I think it gives better results.
When timeframe getting smaller, we see more manipulative actions so we losing confidence on lines more.


Indıcators on measure lines
indicators are software which measure movement of prices with some algorithm. also they follow some datas of buy and sell, gives knowledge to us about price movements of trend direction.
When merge indicators line's dip to top, we are trying measure candle graphics fit. If candle graphics going to higher when ındicator lines going to lower, it means negative divergence. So we think movements dont reflect reality of what we see.

In this case, ı cant see a divergence which isnt fit to candle on ındicator datas.
Indicator datas signal show us the area work as a support and price movement direction is up on 1 hour chart. But trust to 1 hour chart less to ındicator datas.

So measure ındicator datas on long timeframe better for getting good results.
I cant see a positive or negative divergence when see 4 h chart indicator datas. But even 4 h datas show support is so strong, price direction isnt up yet. So ı think we should make strategy after candle closes. ıt is safer.

If ma25/50/90 datas usıng with ındicators, their intersection points give better results on long time frame I cant see a intersection between ma 25 50 and 90.
You can use supply areas on graphic for your tp and sl strategy. If it will lost support from the area, you can buy pieced from 43K to 39K. This is not investment advice, Ishare a strategy.

p.s Note :The note is not investment advice.