BTC Support and Resistance levels
Support and resistance levels for BTC, including some buy options. I drew a basic buy plan for BTC for people who are interested in buying BTC but don't know when they should buy. I used a 50 sma and a 200 sma which portrait a average of a certain amount of days, the 50 sma for 50 days and the 200 sma for 200 days. The cross of these sma's is called the golden cross which is also portrait in the graph. A buy signal is generated when the trend trades above a sma, but when it trades below a sma it generates a sell signal. I drew buy ranges on support levels so if you're interested in buying BTC these points can be handy. I don't have future googles so i don't know what will happen in the future. I can only analyse the history and predict the future based on the history.
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.