I Did A Multi-Timeframe Analysis on BTC, What I discovered will Definitely SHOCK you !!
A Thread🧵🪡
On How to combine different timeframes to your advantage and use them as a POWERFUL fore sight
A Thread🧵🪡
On How to combine different timeframes to your advantage and use them as a POWERFUL fore sight
What is Multi-Timeframe Analysis ?
This Is the combination of both major & fractal timeframes in your Analysis to understand clearly the dynamics of the market presently.
There are 2 types of timeframe namely, higher timeframes (what you call HTF) & lower timeframes (LTF)H
This Is the combination of both major & fractal timeframes in your Analysis to understand clearly the dynamics of the market presently.
There are 2 types of timeframe namely, higher timeframes (what you call HTF) & lower timeframes (LTF)H
Htf & Ltf timeframes can be subjective to the 4 types of traders which are the swinger, scalper, Intraday & position traders, but for the sake of today's thread our htf would be - 3month tf, 1month tf, 1 Week tf, 1 day tf, 4hr & 1hr tf
& we would take our ltf to be, m45, m30
& we would take our ltf to be, m45, m30
M15, m5 & m3
M = means minutes
Now all that introduction is cleared let's dive down into the thread
For today's purpose I'd be using our oga kpata kpata which Is BTC for all the examples
But before we hope on the chart
When analyzing the much higher timeframes, you look out
M = means minutes
Now all that introduction is cleared let's dive down into the thread
For today's purpose I'd be using our oga kpata kpata which Is BTC for all the examples
But before we hope on the chart
When analyzing the much higher timeframes, you look out
For possible 1) Breaks , 2) Areas of volumes using iBsV2 & 3) Dominant chart patterns
Now you have that in mind let's first look at the BTC 3Months tf and walk our way gradually downwards
Below You can see clearly a break, areas of volume or orders but no chart pattern, 2/3 ✔️
Now you have that in mind let's first look at the BTC 3Months tf and walk our way gradually downwards
Below You can see clearly a break, areas of volume or orders but no chart pattern, 2/3 ✔️
After the 3 months timeframe has been digested, we progress down further to the 1month tf.
Here a clear dominant Double top pattern which appears to be going for a retest of the baseline.
You can also be able to spot out an orderblock entry & a Breaker entry on here
Here a clear dominant Double top pattern which appears to be going for a retest of the baseline.
You can also be able to spot out an orderblock entry & a Breaker entry on here
The 1month was now done
Which tf next ?, if 1 week if your option then you're absolutely right ✅️ ❤️👏
After the 1month tf , my eyes are beginning to open
What came to my mind immediately was BTC to $10k ??
Let's hear from the 1 week tf
& you can clearly see a head & shoulder
Which tf next ?, if 1 week if your option then you're absolutely right ✅️ ❤️👏
After the 1month tf , my eyes are beginning to open
What came to my mind immediately was BTC to $10k ??
Let's hear from the 1 week tf
& you can clearly see a head & shoulder
The head & shoulder on the 1 week tf is a very dominant bearish indicator.
& from the chart I can now deduce that price will most likely come for the breaker or orderblock after retesting the wedge or ...... maybe not
It's now time to trade
I'm moving down to the 1 day tf
& from the chart I can now deduce that price will most likely come for the breaker or orderblock after retesting the wedge or ...... maybe not
It's now time to trade
I'm moving down to the 1 day tf
On the daily tf, it can be seen that we've lost sight of what's happening on previous price action & need to make due with what we have in our minds from the previous timeframes
Well these are the possible directions that can be seen on the daily tf ⬇️
Well these are the possible directions that can be seen on the daily tf ⬇️
4hr tf should follow suit😎
Hope the gist Is becoming clearer ?
On the 4hr tf we can see two possible entries for a little long before the further dump to the retest line
Whilst one looks like a sort of inducement the other looks solid ⬇️
Hope the gist Is becoming clearer ?
On the 4hr tf we can see two possible entries for a little long before the further dump to the retest line
Whilst one looks like a sort of inducement the other looks solid ⬇️
1hr tf, now I can trade
But what tf*** is this price action on btc this today
But regardless you can see an inefficiency right ?
& something as well that looks like a drop base drop supply pattern
The inefficiency will most likely attract price around that level again
But what tf*** is this price action on btc this today
But regardless you can see an inefficiency right ?
& something as well that looks like a drop base drop supply pattern
The inefficiency will most likely attract price around that level again
And price will likely fill 50% or more of it in order for price to be rebalanced
Normally I would finish off my analysis here, but the scalpers amongst us will definitely not stop here, they'd obviously make due with the m30 & m15 to see if they can capitalize on minor moves to make good cash
But with price action this messy, I can only deduce a probability
But with price action this messy, I can only deduce a probability
If you're very observant, all pictures had prices excluded for safety reasons & concerns and in order for it to be treated as a non financial advice piece but an Educative one
And That's all for today
Hope you were able to learn a few things on how properly to combine timeframes as I did in this illustration using BTC ?
And for the big question y'all
BTC to $10k in coming months ??
I'd be waiting to hear from you in the comments
Follow @Techriztm
Hope you were able to learn a few things on how properly to combine timeframes as I did in this illustration using BTC ?
And for the big question y'all
BTC to $10k in coming months ??
I'd be waiting to hear from you in the comments
Follow @Techriztm
And don't forget to follow these beautiful & refined Technical Analysts & twitter Idolo's below if you love contents & tweets like these
My best pick ?
Follow - @Alh_Myke1 @Starr_gael @Kelvintalent_ @kelvinbillions_ @Fairy_Trades @Marresecira @ProsperoApril @_InvestorBen
My best pick ?
Follow - @Alh_Myke1 @Starr_gael @Kelvintalent_ @kelvinbillions_ @Fairy_Trades @Marresecira @ProsperoApril @_InvestorBen
@OGsneh001 @SDX_Trades @BravuraTA @princess_mmasi @OsmondSabby
I await your contributions & comments below 💯👏🔥🔥🔥
For now it's 1/10 done ✅️✔️ as requested
I await your contributions & comments below 💯👏🔥🔥🔥
For now it's 1/10 done ✅️✔️ as requested
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