Keep it stupid simple. I've been watching this S/R diagonal line since it formed as resistance in April, been acting support since the resounding break above the 200MA. Mirrors price action beautifully. Bullish until this fails to hold bitcoin up, will likely get a bearish retest if it breaks down. Easy to manage risk, and potentially flip short.
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.
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.