CryptoData

BTC LONG Caught The Bottom!

Long
COINBASE:BTCUSD   Bitcoin
The biggest reason I went long on BTC whenever everything was crashing was due to my Synergy indicator. I combined that with my support/resistance lines and my trends lines to accurately nail the bottom. There was clear support at $46,300 and whenever my Synergy indicator flashed a "Rocket" signal, that was all I needed to go in big. There are multiple resistance lines near $49,000 and $51,300 where I've taken half profit along the way. I'm waiting for the next target of $57,600 due to the trend line I had drawn from Feb 14th and long as we can stay above the $51,300 level. Hope this helps!

If you have any questions about anything, feel free to ask :)

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.