Bitcoin
I don't really follow it, but if you're looking for areas where it might bounce (not where you'd go long in the first instance), I'd be looking at these demand (support areas). Price can have the propensity to overshoot these levels to trap traders going short on a breakout. Those buy orders (stops) give fuel to any buying rally. These levels are not necessarily where BTC might reverse altogether.
I've put this on here are reading some of the absolute rubbish and snake oil that "trading gurus" put out there. I am no market wizard, but their stuff is appalling.
I've put this on here are reading some of the absolute rubbish and snake oil that "trading gurus" put out there. I am no market wizard, but their stuff is appalling.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.