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Bitcoin and the triangle pattern Price is moving with in the range, previous trading day, price tried to break the upper range but got forcefully rejected and found support at the bottom of the pattern, on or before May 12th, some action is expected

"Bitcoin" the most important patternPublishing herewith my idea about bitcoin using 12M time frame Monthly opening importantComment:Comment:Comment: posted on april 7Comment:Comment:Comment:Comment:Comment:Comment: new weekComment:Comment:Comment: may be next month openingComment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment: this was my weekly range already in comment sectionComment: this my normal day range green line price breached that range now at extended day range yellow lineComment:Comment:Comment:Comment:

Bitcoin and an important patternPublishing herewith my idea about bitcoin using monthly time frame trained myself to be unbiased ,so, never gives any direction, follow the price within the constraint of pattern range price is at an important monthly level purple shade is showing a zone in which price consolidated for almost 8 months before the start of a bull run red zone is a resistance zone 3 possibilities 1. range will act as a resistance 2. price break it 3. price consolidate hereComment:Comment:Comment:Comment: current week range posted before the start of the week perfectly followed ?Comment: posted on April 7 30237?Comment:Comment:Comment: possible day rangeComment: this one also needs some considerationComment: monthly opening above the range could acts as supportComment:Comment: green and yellow valid for today onlyComment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment: EOD?Comment:Comment:Comment:Comment:Comment:Comment: new weekComment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment: same positionComment:Comment: never give any direction, just give the range on the basis of patterns, it always helps me in day trading to be unbiasedComment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:Comment:

Bitcoin and price ranges for the month , week, and dayprice is at the combination of quarterly candles high and low (dark blue) could act's as a resistance for the month ,also at my weekly high range (light blue) , could act's as a resistance for the week, price opened above my monthly pattern high range (white line) so, it acted as a support for the month, my normal day range is higher than these ranges but price is near a monthly closing so possibly higher range prevail when price reaches my levels just become cautious, and look for the price action, as there are many levels, there is always a possibility that price break it or take R or S previous day price breaks my day level and got rejected at extended day levels , graphic in the comment section, price almost followed my weekly levels posted earlier graphic in the comment sectionComment: weekly range graphic showing this week normal and extended range ,vertical line showing normal rangeComment: previous day range normal green lines, extended light yellow, price broken the normal day range, after being in the range for hours and got rejected at extended range yellow lineComment: price spend almost 9 hrs with in the narrow rangeComment: quarterly resistance levels and the trend line acting as a resistanceComment:Comment:Comment: a triangleComment:Comment: