The picture on the 4 hr looks pretty bearish. I exited my longs at 170, hoping to buy back at 142.
We just broke out of the resistance line created by connecting the two high points on the daily chart. Looking at the daily chart it is very bullish and we should be able to break out, however the weekly chart is still not fully bullish, which means we should have a consolidation period at these levels for maybe a week or two.
We are on the cusp of a break out on the crypto. Unless BTC takes a dive this is breaking out very soon.
Hi all just wanted to post a chart with two very important support levels for BTC. If the support line that we currently are on doesn't hold, we are looking at prices between 3 and 4k.
We are currently in a monthly trend. This is a weekly log scale chart containing the 21 ema. I drew the support and resistance lines of the crypto currency since the bull run began. In my oppinion we are safe if we can keep closing above the 21 ema on the weekly chart. You can visually see where the next targets are on the resistance line (if it holds), if it...