Daily Trend Based Resistance and Support Lines for Bitcoin.
Updated
I've drawn the upper levels where I will be looking for shorts. The lower levels are where I would probably be looking for longs. Right now this is a bit of a no-trade zone for me.
I do think there will be Halving FOMO and don't think that it's been "priced in" quite yet. I could be wrong.
This is not financial advice. I am just learning how to be a smarter chart reader.
I do think there will be Halving FOMO and don't think that it's been "priced in" quite yet. I could be wrong.
This is not financial advice. I am just learning how to be a smarter chart reader.
Trade active
Still waiting to see if this hits the TP3 area. The breakout was extremely strong. Trade closed: target reached
All three TP's reached here. Expecting resistance or a pullback soon. Consider this one closed but still a relevant chart. Trade active
Updated TP's. 
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