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dee718
Sep 19, 2020 8:29 PM

BTCUSD 19 SEP 2020 1420 hrs  Long

Bitcoin / United States DollarCoinbase

Description

Supply pressure look low. Waiting for price to come down a bit. We don't buy right into a supply zone or resistance. We look for buys out of demand zones and key support if the volume situation and background support it. Chasing price into unknown price areas is wayyy too risky.

See that stopping /climactic volume to the left? Do you know what it means? Have you heard of the principle of "effort versus result"?

Comments
PolarHusk
ThanksForSharing
BakiShirzadi
Nice chart
stuartmimu
good analysis
Aaric201
Great chart, appreciate it
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