TraderTroys S/R Cheat Sheet until the Halving.Hey Everyone!
I love having material to refer back to, so I've gone and created the ultimate cheat sheet for all horizontal support and resistance along with two trend lines from the Monthly scale of $XBT's inception until now. Two points is a touch, a third is confirmation. They finally overlap, funnily enough during our next $BTC halving.
We're yet to close on the monthly scale under this trend line.
So will be one to watch!
This chart is done on LOG scale, so fibs and trend lines on LOG scale. Also, take note that these trend lines only account for $XBT's chart, earlier price action has been ignored.
Okay,
Key To Reading The Chart:
Green Block = Monthly Order Block
Blue Block = 3 Weekly Order Block
Gold Block = Weekly Order Block
In order of closest to furtherest from Published date price action:
All time low to all time high fib's
All time high to 2018 bottom fib's
2018 bottom to 2019 top fib's
Weekly Pivots
33% / 66% from all time low to all time high
33% / 66% from all time high to 2018 bottom
33% / 66% from 2018 bottom to 2019 high
25% / 50% / 75% from all time low to all time high
33% / 50% / 75% from all time high to 2018 bottom
33% / 50% / 75% from 2018 bottom to 2019 high
10% / 20% / 30% / 40% / 50% / 60 % / 70 % / 80% / 90% from all time low to all time high
10% / 20% / 30% / 40% / 50% / 60 % / 70 % / 80% / 90% from all time high to 2018 bottom
10% / 20% / 30% / 40% / 50% / 60 % / 70 % / 80% / 90% from 2018 bottom to 2019 high
