...MOOD! I bet you thought i was going to say PANTS, you dirty lot! But that is also true HAHAHA.
Bitcoin has made some lovely moves this week breaking a key level of 45000 today, 45000 as show on the chart had previously been used as very strong support and resistance. Ideally after the break of such a strong level i would want to see 45000 get retested as support before making more upside moves. 48400 could be the level at which price hits and uses as resistance for that push back down to 45000 as this level has also been used as strong support and resistance previously.
Bitcoin is lovely if you are a fan of fast moving volatility trading, or if you like to see your life savings drain out your trading account. So when trading make sure you are not over risking!
If you have any questions please just ask.
Cheers.
Bitcoin has made some lovely moves this week breaking a key level of 45000 today, 45000 as show on the chart had previously been used as very strong support and resistance. Ideally after the break of such a strong level i would want to see 45000 get retested as support before making more upside moves. 48400 could be the level at which price hits and uses as resistance for that push back down to 45000 as this level has also been used as strong support and resistance previously.
Bitcoin is lovely if you are a fan of fast moving volatility trading, or if you like to see your life savings drain out your trading account. So when trading make sure you are not over risking!
If you have any questions please just ask.
Cheers.