Looking at the nail biter from yesterday - Bitcoin is riding this lower support... whales really wants to sweat us.
Half of trading is psychological. Trade safely and by managing your risk, you also manage your stress- and thats how you become a winner in crypto. Once you master emotions and risk, you can master the technical side of trading.. and thats how you get lambos.
What to expect from here? I marked the two key support levels here on the right side of the chart (blue and yellow levels). $39.5k remains a key level which you saw supported price earlier this week. And below there is the support line extending from the July 2021 bottom, now at $36.5k.
If we close below there then all best are off, we could dip towards last year's lows in June.
Half of trading is psychological. Trade safely and by managing your risk, you also manage your stress- and thats how you become a winner in crypto. Once you master emotions and risk, you can master the technical side of trading.. and thats how you get lambos.
What to expect from here? I marked the two key support levels here on the right side of the chart (blue and yellow levels). $39.5k remains a key level which you saw supported price earlier this week. And below there is the support line extending from the July 2021 bottom, now at $36.5k.
If we close below there then all best are off, we could dip towards last year's lows in June.
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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.