Bitcoin / TetherUS

Bitcoin support/resistance levels and zones in daily timeframe

123
Bitcoin is in a decisional zone and as show in the chart, the main supply and demand zones in daily timeframe are 17600 as support and 24260 as resistance. these zones are accompanies with a "Price Inefficiency" or as you might have heard "Fair Value Gap". please refer to the ideas chart to check the zones.
basically waiting for each of these zones to be broken and to be accompanied with a pullback to that zone is the most logical strategy at the time being. the zone which is broken can also work as a stoploss in case of an entry.

for the sake of listing a possible strategy:
  • wait for the any of the above mentioned zones to be broken with a candle body not a shadow.
  • wait for the pullback for entry.
  • set a stop loss on top of the broken zone in case of a short position or on the bottom of the broken zone in case of a long position.
  • calculate you position volume based on the stop loss and your risk tolerance.


having a clear strategy and patience is the key to the game.

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。