Cizia_Zyke

HITTING RESISTANCE LIKE PLANNED (Daily analysis)

BINANCE:BTCUSDT   Bitcoin / TetherUS
So yesterday was just a waiting day, no trade, and as you've seen it has gotten very volatile in both directions until it hit the previous resistance. So I was just replying to tradingview's DM.
Like planned, we're making a range.
How have I been able to anticipate that range? Because the 10,500$ rejection was so strong that people get confused after it. We've made a bottom, slowly go up from that and then on the downside we've slightly hit the previous bottom and bounced on it, which is typical with range.

So it was a very good selling point that was already profitable for daytraders.

Today, let's keep following the plan and finding a good selling level.

May the luck be with you.

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.