What's the deal with your chart?
Levels are marked based on volume profiling, in other words, areas of value defined by market participants past and present.
So what do I do with this?
You can infer probabilities based on reclaiming levels, or losing them. If a resistance does its job, and acts as resistance, look to a level below. If a support does its job and acts as support, look to a level above.
This seems too simple, it probably doesn't work...
I think most people make trading too complicated, and that usually doesn't work either. This chart is meant to give locations of interest. Planning, executing, and managing a trade is something that is every individual traders responsibility.
Okay, so what's your personal opinion on bitcoin?
I am bullish on bitcoin long term, but in the medium to short term I am not convinced. This can change when I see bitcoin reclaim our current overhead resistance, and then demonstrate with follow through to test all time highs.
Curious to know your thoughts and opinions on bitcoin. Thank you for your time!
Levels are marked based on volume profiling, in other words, areas of value defined by market participants past and present.
So what do I do with this?
You can infer probabilities based on reclaiming levels, or losing them. If a resistance does its job, and acts as resistance, look to a level below. If a support does its job and acts as support, look to a level above.
This seems too simple, it probably doesn't work...
I think most people make trading too complicated, and that usually doesn't work either. This chart is meant to give locations of interest. Planning, executing, and managing a trade is something that is every individual traders responsibility.
Okay, so what's your personal opinion on bitcoin?
I am bullish on bitcoin long term, but in the medium to short term I am not convinced. This can change when I see bitcoin reclaim our current overhead resistance, and then demonstrate with follow through to test all time highs.
Curious to know your thoughts and opinions on bitcoin. Thank you for your time!
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.