tradermikey

BTCUSD breaks intraday support/resistance

tradermikey Updated   
BITFINEX:BTCUSD   Bitcoin
Tonight between 17:00 and 20:00 (Amsterdam time) btcusd will breaks the green support line OR the light blue resistance line. I expect a nice move at that moment. Make sure to pay attention in that timeframe. Choose a direction when a candle CLOSES under the green or above the light blue.

I guess it will break the green line by the way, since I see at the daily chart that we're at a resistance level now.
Comment:
Congrats to all who traded this one!
Tip: When the move begins switch to the 1m timeframe to find the perfect step-in moment. The moment when the candle closes under the support line.
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.