January 27, 2019

Bitcoin: Key Support & Resistance Zones (2nd & 3rd Cycle)

After a few weeks of watching numerous YouTube videos of how to draw support & resistance (S & R) zones and learning why they are arguably the most important part of technical analysis , I have spent the last 8 days making this chart. My main takeaway is: drawing S & R zones + being a perfectionist = migraine, the other is special fried rice. (Dad jokes are funny when you’ve been adjusting lines for a gazillion hours). While finding these S & R zones, I noticed myself constantly saying “wow” out loud, I guess I never imagined they’d be so…wowy?

Here is the latest video from my new favourite learning TA channel, they have quite a few on the subject: https://www.youtube.com/watch?v=KLb49In8…

About the Chart

This is the bitcoin daily chart of the last two market cycles, I will post these two cycles separately below in the update section so you can get a closer look at the detail. On the chart I have drawn all the key S & R zones throughout this period. I am sure you all know how support & resistance zones work and if you don’t, just look up those two words in an English dictionary and you will see the light.

I aim to not give my opinion, but rather hopefully show data in a clear way so that the viewer can draw their own conclusions. So what are your thoughts and opinions? Fire them down below in the comments section…because you don’t have a choice, there is no other place to leave them and of course, inform me of any errors I have made or improvements that can be made to the chart.

Published at Sun, 27 Jan 2019 16:01:46 +0000

You might be interested in …

July 22, 2018

Mining Freecoin

May 31, 2017

The Crypto Show with Danny On The Road Again & Scrooges Matrix

Tonight?’?s episode explores the ongoing saga of Danny?’?s road trip to cannabis-legal states to preach bitcoin and Dash to marijuana dispensaries, growers, and others for the purposes of bringing the advantages of cryptocurrency to the industry and to bank the unbanked. He is also promoting Defense Distributed?’?s Ghost Gunner, which he will be demonstrating at a gun shop tomorrow. We also broach Stash?’?s intent to integrate Dash into the Stash Node Pro, and we briefly discuss the run-up in cryptocurrency prices and the moral and philosophical issues involved in the Ethereum split.In the final couple of segments, Daniel Krawicz, a.k.a., ?’?œScrooge McAltcoin,?’ leads us in an interesting discussion about an unusual interpretation of the movie ?’?œThe Matrix,?’ and of course it has to do with his favorite topic, cults.

Sponsored by: Dash, CryptoCompare Bitmain and Defense Distributed

Links

TheCryptoShow

FreeRoss

Social Media

The Crypto Show on Facebook

@TheCryptoShow

@The_Crypto_Show

@the_crypto_show instagram

The Crypto Show YouTube

Tip with Crypto

BTC: 139R6K7fxTYaFf2aXTid84Le1ayqMVvSCq

Dash: XqDeHnokQocBpvffsa2dWz8mX7oTKpoKzc

LTC: LUTJtk4QqXLiDkK8pDKK3jM73VVwbp7oSr

Doge: DQBJ7PSpFzUTwpBrny46Kug4BW8AGtq1YQ

LTBC: 1CevFxMT6srBtTkWx2qrNaJmjtgxbo7pBA,ETH: 0x10cfd6916832566e82b3ab38cc6741dfd7e6164fo

February 22, 2018

The Legal Risk to ICOs That No One's Talking About

The Legal Risk to ICOs That No One's Talking About Jared Marx is an attorney at the Washington, D.C. law firm Harris, Wiltshire & Grannis. He represents companies and individuals in civil and criminal proceedings. […]