The current trading channel for Bitcoin.
Support and resistance easily identifiable.
Pivot line in the middle for short term bias.
RSI for oversold/overbought and pattern recognition.
Keltner channel for identification of extreme moves (when candles move outside of the bands)
Support and resistance easily identifiable.
Pivot line in the middle for short term bias.
RSI for oversold/overbought and pattern recognition.
Keltner channel for identification of extreme moves (when candles move outside of the bands)
Trade active:
Price currently at the pivot in this channel.
Watch for resistance or a bullish upside break.
Downside stops set at -5% from this level.
Watch for resistance or a bullish upside break.
Downside stops set at -5% from this level.