Get started
Charted_Trades

Diagonal Support and Resistance Zones

Bitcoin (BITSTAMP:BTCUSD)  
Charted_Trades  
BITSTAMP:BTCUSD   Bitcoin
Chart Patterns BTC Bitcoin (Cryptocurrency) spiderlines
2
0
chartpattern btc bitcoin spiderlines
Most people use horizontal Support and Resistance Zones but with the Spider Web technique they become more like diagonals. And Yes they work pretty good.

So the lines are saying that 40k is not the last stand, 36-37k is stronger.

Related Ideas

Charted_Trades
Spider Lines Magic
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.