Bitcoin "True Support" Zones - 03/07/2018
True Support is the most accurate way of determining support & resistance levels.
The method takes into account:
• Volume
• Consolidation zones
• Length of consolidation
• Frequency of consolidation in that zone
• The % of the time that zone is respected
This method works Over 95% of the time on the top 10 coins and has never failed on Bitcoin
Use it with 1 hr candles for optimum results (the shorter the timeframe, the higher the risk)
Trade smart & make some money!
The method takes into account:
• Volume
• Consolidation zones
• Length of consolidation
• Frequency of consolidation in that zone
• The % of the time that zone is respected
This method works Over 95% of the time on the top 10 coins and has never failed on Bitcoin
Use it with 1 hr candles for optimum results (the shorter the timeframe, the higher the risk)
Trade smart & make some money!
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