XBT/USD | Macro Support and Resistances
Hello everyone,
Take a look at a quick draw up of the macro support and resistance lines were seeing with Bitcoin.
Red = resistance
Green = Support
Expect high volume while the price is around these areas, and keep in mind the diagonal resistance lines around 9200 for the resistance, 4300 for support.
This post serves as a reminder to always keep the macro time frames in the back of your mind as you trade intra-day.
Balkoins
Take a look at a quick draw up of the macro support and resistance lines were seeing with Bitcoin.
Red = resistance
Green = Support
Expect high volume while the price is around these areas, and keep in mind the diagonal resistance lines around 9200 for the resistance, 4300 for support.
This post serves as a reminder to always keep the macro time frames in the back of your mind as you trade intra-day.
Balkoins
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