BTCUSD Transient Zones Volume III For COINBASE:BTCUSD By Thisisnotfinancialadvice

Hello all, lately my transient zone post have not faired all too well. Few views, few replies, but yet I’m not wrong am I? At least not yet. I said the 57-58k level was probable, it was a problem bar and the problem is price is recurrent and almost all the time will travel back across a “transient” seldom visited zone ( IE a zone that price traveled briefly through and moved on) which are price levels typically found at the ATH and ATL … They usually dont stay transient and become recurrent. Do you see what I am saying? If price traveled through a zone and did not return right away, chances are it will and it will be attracted to that zone by a constant magnetic force, else repelled to new paradigms. This doesn’t happen often.

Anyways targets are still 52k on the weekly transient zone. Before year end/dec, price will probably travel back to this zone to satisfiy the need/probability to be recurrent. There are a few more transient zones I have on the chart, which I used to make the chart on the bottom. The 13k price level is another TZ on a larger time frame…

Various indicators can be found on T.V. and more info online on some forex trading forums.