BITCOIN - Back to Trend Line? (Pitchfork)
Updated
The Pitchfork is giving us an idea about important levels (Resistance, Support, Trend) during a downtrend,
which occured about a month ago with a heavy price drop.
After yesterdays nice climb we might be heading back to are Trend (Median), which acted as a Support/Resistance reversal
multiple times.
Position: Short
Open: Resistance Area (Purple)
Close: Trend Line (Median)
I will update this chart accordingly!
THANKS! For all the positive feedback im receiving lately.
Leave a thumbs up if you like this idea and Follow me for more updates!
Feel free to support my on Patreon.
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
which occured about a month ago with a heavy price drop.
After yesterdays nice climb we might be heading back to are Trend (Median), which acted as a Support/Resistance reversal
multiple times.
Position: Short
Open: Resistance Area (Purple)
Close: Trend Line (Median)
I will update this chart accordingly!
THANKS! For all the positive feedback im receiving lately.
Leave a thumbs up if you like this idea and Follow me for more updates!
Feel free to support my on Patreon.
Disclaimer:
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in this Idea are provided as general market information for educational and entertainment purposes only
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Trade closed: target reached
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