Key BTC Levels
Meant to publish this last night but didn't know how to! Went long at $4,156 last night when btc bounced off key support level.
These are the key levels I am seeing for btc given where the air gaps both above / below current price and where price has bounced off of multiple times showing they are key mental support / resistance levels. I follow the KISS method when it comes to trading and these are where I would be entering into positions with tight stop losses. I'd be taking some profit at this level with first target around $4,420 and second at $4,650 at which I would likely enter a short with a tight stop loss.
These are the key levels I am seeing for btc given where the air gaps both above / below current price and where price has bounced off of multiple times showing they are key mental support / resistance levels. I follow the KISS method when it comes to trading and these are where I would be entering into positions with tight stop losses. I'd be taking some profit at this level with first target around $4,420 and second at $4,650 at which I would likely enter a short with a tight stop loss.
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.