Hey all, it's your boy SMT, BTC is in a close tug of war between the bears and bulls so I marked out some key points of resistance and supports for ya'll.
Resistances, Red lines, and Supports, Green lines, are areas to look out for and possibly make decisions on whether to buy, sell, or set your stop losses below or above.
The blue line is the upward trend line since Feb 6th. As you can see we are very close to passing this line. If we cross it we may be heading lower.
Ye' be warned matey!
ShiverMeTimberz here, firing one off your bow. It be your coin I be after, ARRR!
Tell me what ya'll think. Like, subscribe, comment. This is for education purposes only.
Resistances, Red lines, and Supports, Green lines, are areas to look out for and possibly make decisions on whether to buy, sell, or set your stop losses below or above.
The blue line is the upward trend line since Feb 6th. As you can see we are very close to passing this line. If we cross it we may be heading lower.
Ye' be warned matey!
ShiverMeTimberz here, firing one off your bow. It be your coin I be after, ARRR!
Tell me what ya'll think. Like, subscribe, comment. This is for education purposes only.
Comment:
I also wanted to point out we are trading above the 50 EMA, which is a good thing as long as we stay there. That is working in our favor.