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Bitcoin: I recommend you don't trade as of right now

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As you can see, the blue line is a resistance when the price is below it, but a support when price is above it.
The yellow ascending line acts as a support, each time pressuring more the price upwards.
Thanks to that reason, this idea is marked as a "long" in the midterm time horizon.
I recommend you don't enter longs here until we see stronger signals.


You could use an ADX, a Choppiness Indicator, a Squeeze Momentum Indicator and Volume for spotting trends & strength.


THE TREND IS YOUR FRIEND UNTIL THE END, IF, YOU KNOW HOW TO SPOT IT.
註釋
Btw, that yellow line has been respected since Feb 28th!!!

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