Call me CRAZY but this here is my personal chart, pay close attention it has helped me a lot! Gives me an idea on where BTC is headed so i can be prepared and not FOMO or FUD
Dotted yellow lines are guides to previous support and resistance and the Green and White lines ( also support and resistance ) are all trends BTC has taken over time and are trends it can potentially take, that is until it breaks them and launches to the MOON ! so if it breaks a line I always look for the next one and swing low and swing high
Not financial advice lol just wanted to share it and maybe help someone out get a rough idea where BTC is headed
Dotted yellow lines are guides to previous support and resistance and the Green and White lines ( also support and resistance ) are all trends BTC has taken over time and are trends it can potentially take, that is until it breaks them and launches to the MOON ! so if it breaks a line I always look for the next one and swing low and swing high
Not financial advice lol just wanted to share it and maybe help someone out get a rough idea where BTC is headed
Trade active:
seems like the second grey line is acting as support if BTC manages to close above that support line we might see some upward movement since that line is an uptrend line
Comment:
BTC managed to close above the resistance which is a good sign but we have to wait and see if it doesn't break up and falls to the green line keep an eye out