As a general rule, most of the levels on your charts should last for weeks if not months. That’s especially true if you’re using the higher time frames (you should be).
However, it’s also a good idea to occasionally hide those levels and start over.
It helps your mind generate fresh ideas, which is difficult if you’re staring at the same levels for months.
In today’s issue, I’ll share with you four Bitcoin trend lines I found this morning that may offer additional clues about where prices go from here.
They also outline a few key support areas I’ll be keeping a close eye on in the coming weeks.
I decided to hide my previous Bitcoin levels this morning and start fresh.
I like doing this from time to time to help generate new ideas, even if those ideas don’t necessarily change my overall bias.
For Bitcoin, the last 54 days of sideways action hinge on one level.
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