Merlia_key

My choice is to use some very basic indicators as Pivot Points Standard - available in every exchange and TV for free. From the settings menu, just choose - Camarilla Pivots. I prefer to hide 1 and 2 and to use only P - pivot and S5, S4, S3, R3, R4, R5. My observation. Usually S4 is support and bounce level. R4 - resistance, rejection level. They could be used on any time frame. 3, 5, 15 minute - daily pivots; 30 minutes up to 8 h - Camarilla pivots for the week. D - monthly; W - pivot levels for the year. BTC reached S4 and still this level gives strong support. Nothing wrong if it goes to S5, but it will mark weakness. And yet, if BTC don't loose it, there is a chance a long term bullish continuation to be held. There is new moon in Virgo - 23.08. Usually new moon is the start of the new cycle, but the start starts with clearing the “floor“ so to say. Move down ant testing the health of lower levels. For now, BTC holds not only S4 - Camarilla pivots, but 50% of Asia - 19.08. It already take 50% from the previous red vector candle. Price projection till the end of the week, based on the factors, indicators and characteristic of the price action, mentioned above. If BTC loose S4 - S5 109700 has to hold. If BTC continue up to S3 before saturday, it could be more build for the short, rather bullish continuation. I will not take any action or trade before Monday 25.08.25

h-pattern is a candle formation that I like a lot. Usually it works. I am not so sure if I have to measure the drop from the top or only the vector candle. But we'll see. The monkey is the symbol for the Market Makers ;) Who knows - weekend manipulation is coming ahead.

Let's say that BTC could mimic the pattern from the 2021 -22 bull run. We can see correction till the beginning of June. It matches the Venus squares and it's 2-nd cycle (Time trade indicators). There is always clear trend during the second Venus cycle. It could be bull or bear, but it is clear, not choppy. So, if the trend continued to be bullish and the downfalls during April and May are consolidation and correction, we can see the second peak, similar to the previous BTC bullish pattern, around the first days of September 2025, with maximum extension up to the end of Sept 25. Just idea, not financial advise. I am not astrologist, just use Time Trade indicators - they are just great even if the one have only basic astro knowledge.