hope it helps you understand the current volatility rnage of the asset.
keep in mind that he can change profiles quite easily (a good indication of this is a sudden increase in "speed" and volume).
I personally like the idea of looking for entries with confirmation at the bottom (aimed at the top of the channel), but also gives an idea of the area where more...
My update for BTC currently
volume analysis by region + the most likely channel currently
use wisely,
channels are good to better understand trading ranges (bottom quarter entries with interesting confirmations tend to have good results)
the volume regions can be understood as "barriers", and are stronger when there is a sudden change between the regions
"Possible new bullish channel on blur (still needs correction to make sense)"
if the price loses strength in the region where it is now, it is likely that this channel will be respected (buys in the lower quarter when there is confirmation of a rise)
if you believe in an explosive rise (which is very likely given the current situation of ETH which is on a free...
probably the channel that should be followed by BNB for the next few days on the 4H chart
It is worth mentioning that this channel was created in a predictive way and may not be respected in its limits (other types of analyzes such as the relationship between the types and the volume of trading in the legs are also relevant)
My analysis based on channels for BITCoin in the fall (using 4H as a basis).
I would watch the 21500 region if we start to have some barriers, there is a good chance of a pullback there.
Bitcoin seems to be working in a long channel, and with a lot of noise.
For now .and it looks like it could go up as it broke the small channel that existed just short term (which was also full of noise).
Analysis based on Channels (channel created from the top of 2016), which shows important points on the weekly chart in addition to the triangle that formed in recent weeks;
In my view, the dollar is more likely to fall and if it falls again it should reach 4.99 and later 4.7;
I'm not optimistic about Brazil and honestly any bullshit government decision can send...
