Bitcoin Cheat Sheet 2.0
Here another cheat sheet for you.
It is quite self-explanatory:
Since the recent bull-run created new support and resistances and the yet BTC failing to break out from above 13,600 USD, we will likely trade in a range between 13600 and 9700 for a while.
In case 9700 are broken, there will be plenty of cheap buying opportunities, as there are relatively large support/resistance gaps on the way down (but also the harder it will be to get back up).
The cheat sheet is invalidated as soon as 16,000 USD is broken and the next ATH fomo kicks in or the (unexpected) crypto abyss scenario occurs.
As reference please note the previous cheat sheet from February 2019 and click "play":
For reference, please note the CoinStudio Cheat Sheet from February 2019:
It is quite self-explanatory:
Since the recent bull-run created new support and resistances and the yet BTC failing to break out from above 13,600 USD, we will likely trade in a range between 13600 and 9700 for a while.
In case 9700 are broken, there will be plenty of cheap buying opportunities, as there are relatively large support/resistance gaps on the way down (but also the harder it will be to get back up).
The cheat sheet is invalidated as soon as 16,000 USD is broken and the next ATH fomo kicks in or the (unexpected) crypto abyss scenario occurs.
As reference please note the previous cheat sheet from February 2019 and click "play":
For reference, please note the CoinStudio Cheat Sheet from February 2019:
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.