#Tendencia_BTC
-Chart with a period of 3 days;
-from 10/01/2023 to 02/01/2025: 1 year and 3 months;
Standard I
-2 strong uptrends (1 and 2, on the chart): both two months long and with similar angles: 60º. "Good" trend angles are considered to be those with an inclination above 30º;
-between the two trends, there is a channel, Channel "A", formed by the Bollinger bands, both bands touching the upper and lower sides, with a difference of $22,644.58, between the prices of the respective bands. Channel "A" shows a slight downward trend, before starting a strong upward trend.
Standard II
If these parameters are repeated, we will have a second channel, Channel "B", between the support zone of $91,473.06 and the resistance zone of $109,487.67, giving a difference of $18,160.17, between the upper and lower band. . See that there is just over $4K difference between Rod "A", at $22k, and Channel "B", at $18k. They are very similar.
This means that, if the analysis is correct:
a) If you are long, you will have to decide whether to wait for the asset to break through the resistance zone of $109,487.67, which could take a few months, as Channel "A" took 8 months to complete, or sell the asset and suffer a certain loss, returning to buy when Bitcoin breaks the resistance zone;
b) if you are selling, wait for the asset to touch the support zone, starting a third strong upward trend and, thus, buy the asset again. Channel "B", like Channel "A", may take a few months, unless some event arises, to change these patterns.
-Chart with a period of 3 days;
-from 10/01/2023 to 02/01/2025: 1 year and 3 months;
Standard I
-2 strong uptrends (1 and 2, on the chart): both two months long and with similar angles: 60º. "Good" trend angles are considered to be those with an inclination above 30º;
-between the two trends, there is a channel, Channel "A", formed by the Bollinger bands, both bands touching the upper and lower sides, with a difference of $22,644.58, between the prices of the respective bands. Channel "A" shows a slight downward trend, before starting a strong upward trend.
Standard II
If these parameters are repeated, we will have a second channel, Channel "B", between the support zone of $91,473.06 and the resistance zone of $109,487.67, giving a difference of $18,160.17, between the upper and lower band. . See that there is just over $4K difference between Rod "A", at $22k, and Channel "B", at $18k. They are very similar.
This means that, if the analysis is correct:
a) If you are long, you will have to decide whether to wait for the asset to break through the resistance zone of $109,487.67, which could take a few months, as Channel "A" took 8 months to complete, or sell the asset and suffer a certain loss, returning to buy when Bitcoin breaks the resistance zone;
b) if you are selling, wait for the asset to touch the support zone, starting a third strong upward trend and, thus, buy the asset again. Channel "B", like Channel "A", may take a few months, unless some event arises, to change these patterns.
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