Around Nov 1st PTOYBTC broke through the strongest support line and now struggles to return back above the line.
Idea: wait for breakout of resistance line. Buy on a strong breakout move (big volume). Or wait for price to bounce from the support line after the breakout.
I'm just studying TA, this is my first idea to publish and it has some blanks. E.g. how to to pick a stop loss for Scenario 1? Will appreciate advice
BATBTC is near the strong resistance at around 4700 sat. Also RSI is near oversold value.
Two possible scenarios for the next hours:
1. Break through downward channel resistance line. Buy on pink line break. Take...