BTCUSD/GOLD much clearer levels of resistance and support.
I was looking at various BTC charts against GBP, EUR, CNY, USD and money supply...
And I came to conclusion that the levels of support and resistance are much more respected on BTCUSD/GOLD and BTCUSD/M2 charts,
than on the actual BTCUSD and USDT charts...
S/R level at 20k it's much more clearer and respected, also the local high from 2019 at
14K,
and now at 57k the price is respecting the support while on the BTCUSD chart price has fallen below S/R level at 57k...
I am using the FTX exchange for trading,
If u want to join and trade Cryptocurrency, Stocks, Fiat and much more,
Feel free to use my refferal link and support me :)
ftx.com/
And I came to conclusion that the levels of support and resistance are much more respected on BTCUSD/GOLD and BTCUSD/M2 charts,
than on the actual BTCUSD and USDT charts...
S/R level at 20k it's much more clearer and respected, also the local high from 2019 at
14K,and now at 57k the price is respecting the support while on the BTCUSD chart price has fallen below S/R level at 57k...
I am using the FTX exchange for trading,
If u want to join and trade Cryptocurrency, Stocks, Fiat and much more,
Feel free to use my refferal link and support me :)
ftx.com/
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.