going long on support. Time frame is 15 min. Took an entry on retest with just 40 points Sl for the target of 600 points. Will keep trailing Sl using 1 min frame in case if the trend has reversal. Just a basics knowledge of Support/Resistance or Supply/Demand with any indicator that to me mastered thats all we need.
Today as we can see IN bitcoin price there is an resistance range between 28269- 28861 and a strong support zone is in between 26986-26807 SCENARIO 1 If we see a strong breakout above 28800 then only we should buy SCENARIO 2 For today if we see a breakdown below 27600 we should take take profit at support level because from there we can see a bounce back. ...
Bitcoins on again major Support if levels break then a straight fall