Today's Bull Run Channel - Day Traders

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
132 0
Hello, day traders! I made a basic channel that BTC has followed today on its massive bull run. It looks pretty parabolic so far, but as of now we are still inside the channel. Even when dipping from $10,200 to sub $9,900! So there is no reason to sell just yet. It looks like we are in the midst of testing the channel, so if you are a day trader keep a look out for it. If you are a long-term holder, there's nothing to worry about!

Keep an eye on the channel, as well as other indicators - RSI support/resistance , EMA's, etc.

Side note - the yellow line is the massive resistance point we broke through today. This may play a part in the bull run! If we do break out of the channel, look for the yellow line as a support. I wouldn't necessarily call it a safe place to stack buy orders, but I would certainly keep an eye on it. It looks like we have had a 20% run in the last 48 hours. Let's keep it up!

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out