Buy the DIP! BTC TECHNICAL ANALYSIS
Here are the support zones for BTC
The lines that are larger represent the max support/resistance
The lines that are thinner represent the start of the support/resistance
If we go under this current support zone things could turn ugly quick. The trend line would be hit making prices go back up to the past support and now resistance. Then that would bring us back down which could possibly break the trend line.
Split your capital for these support zones. Unless it comes back up soon, which if it does make sure it breaks a resistance zone and makes it support before putting in the rest of your capital.
The lines that are larger represent the max support/resistance
The lines that are thinner represent the start of the support/resistance
If we go under this current support zone things could turn ugly quick. The trend line would be hit making prices go back up to the past support and now resistance. Then that would bring us back down which could possibly break the trend line.
Split your capital for these support zones. Unless it comes back up soon, which if it does make sure it breaks a resistance zone and makes it support before putting in the rest of your capital.
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