Finding The Bottom?
On this chart you will see a couple things.
Moving average displayed in a transparent red and green with dotted lines. A form of Stoch on the top and triple RSI on the bottom.
I have 4 support lines charted out to watch for currently. The whales will defend that 5750 area and i wouldnt worry to much unless its a straight punch through. There are 3 confluence lines above and that is basically a fib retracement drawn from the last 3 highs where fib lines are right on each other. Those will serve as resistance areas prices.
I will keep diving into this with updates and keep yall updated! Have a great weekend, make sure you stay disciplined and be careful!
Moving average displayed in a transparent red and green with dotted lines. A form of Stoch on the top and triple RSI on the bottom.
I have 4 support lines charted out to watch for currently. The whales will defend that 5750 area and i wouldnt worry to much unless its a straight punch through. There are 3 confluence lines above and that is basically a fib retracement drawn from the last 3 highs where fib lines are right on each other. Those will serve as resistance areas prices.
I will keep diving into this with updates and keep yall updated! Have a great weekend, make sure you stay disciplined and be careful!
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