Be aware I am a beginner at TA so no financial advise here. I just want to share with you what I have learned. Sometimes I want to apply it and see if the indicated behaviour will go that way.
First I drew the (super?) trend line, then a line which indicates a previous resistance. Assuming the price will follow the trend line (if BTC wants) and when it hits resistance it will break through the resistance. An breakout mostly is followed by a retest of support (previous resistance) with enough money it will then find the next level and than again. I have to high targets it does feel like a lot of movement but we shall see.
First I drew the (super?) trend line, then a line which indicates a previous resistance. Assuming the price will follow the trend line (if BTC wants) and when it hits resistance it will break through the resistance. An breakout mostly is followed by a retest of support (previous resistance) with enough money it will then find the next level and than again. I have to high targets it does feel like a lot of movement but we shall see.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.