Technical analysis by omvats1 about Symbol BTC on 12/21/2024

Hi, this month bitcoin made a good positive move but not able sustain it and gave a sharp down move, well bitcoin is moving within 2 major patterns, one is rising and other is falling well u can see how the pattern impacts the bitcoin bitcoin also formed a LL patten with wider spread, will show it in next graphic,also show the levels i posted in bitcoin chat especially weekly and 12M, from where it got the resistance and now trying to take a support at the weekly after taking support at a day/4H level the previous day will post the important levels for the week and month in coming graphics sorry chosen the wrong layout,its my mtf setup i use for trading, u will find the day chart in next graphicneed to break this LL to be positive for the time beingposted these levels on 16thfor the time being a 4H inside bar/ doji range12M pattern6M & 12 M lvls3Mthis is the follow up of the idea i posted using 36 M candles gave almost perfect closing lvl for the year 2023, lets if able to work in 2024 and furtherthis onemonthly pattern rising one, if broken lower rangewithout log a rising pattern but with resistance and support lets c what bitcoin do herebitcoin ride the curve perfectly shown in my verys ist bitcoin post , so important level / junctionright now , a combination of 15min,1H,2H and ID tfpatterns in 5 in time frame (tf)a possible complete pattern analysis from 12M to 5 min 😎, will post more if i find somethingcurved patterns are reason for greed and fear, sharper angles increases the greed or fear both ways, at the edge of the curve in monthly tf, next month it will decide the path to follow, well patterns support levels are there but till price took support at levels, consider peak of the curve as resistance posting below my very 1st bitcoin idea as an exampleprogress of that ida ,curve gave support to bitcoin multiple times after posting it5 min patterns in progressright nowin 5 minsmtf progressprogress5 minsnew 4Hprogress i 1 minin mtfif continue with the curve means consolidation2H opened above the tl and 15m under tlthese zones are inside bar zones and respective bo zonenew 4Hgot resistance from new 4H lvlbitcoin need to save this hammerpattern in d ay tfnew 4H5 min progresssome changes in day setupuse end button to go for latesnew 4Hgot the tl and lvl sup , still tl /lvl abovenew 4Hnew 4H pleas use end buttona perfect progressprogressprogressfollowing the patternalso forming a LL onesome lvlsprogress , added one more tlprogressprogressbitcoin is moving in a monthly channel following a 1H channel and respecting the 12M levelsprogressprogressprogressprogressprogressprogressprogressprogress, this idea will continue till the channels will not been broken, but starting a new one also using this onewill continue to use above patterns but also using this one in the new ideaprogressprogress of the idea posted in the month of april' 2023 added few tlsagain got the resistance from the above tlsupport worked well now at a resistanceagain testing the above tl