day chart is following green lines where yellow lines are working as support and resistance Many time yellow lines turn the price 180 degrees because bitcoin are a 24-hour event it is not very effective here but in stocks it shows amazing results
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go for new hr idea
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go for latest 4 hr idea
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it's a journey from week-to-week line when a new week starts, and price got rejected by upper week line than it tries to reach supporting week line may be on same day or during that week