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RE: Bitcoin BTC - Live Stream March 20 Morning Update - Range Bound. But Correction Possible Today

in #bitcoin7 years ago

Hmm, seems that although we smashed through the short term previous top, we got stuck in the early 8800s.
https://www.tradingview.com/x/qNZArVH6/

I took as main resistance, the relevant previous swing low, which also nicely converged with my drawn channel (relevant for 30m-1h TF) :)
https://www.tradingview.com/x/ADD5HeMW/

Now, the candle DID close above the channel, but I think we get enough confluence to expect a bounce back within the channel. Anw, not posting to contradict you, just sharing a bit of my recent analysis :D

Love your streams, keep'em coming! <3

P.S. Yep, Binance USDT, I know. Just started out swing&day trading, will move to a margin exchange soon after more knowledge is gained.

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