CryptoMW

Key BTC Levels

BITSTAMP:BTCUSD   Bitcoin
Meant to publish this last night but didn't know how to! Went long at $4,156 last night when btc bounced off key support level.

These are the key levels I am seeing for btc given where the air gaps both above / below current price and where price has bounced off of multiple times showing they are key mental support / resistance levels. I follow the KISS method when it comes to trading and these are where I would be entering into positions with tight stop losses. I'd be taking some profit at this level with first target around $4,420 and second at $4,650 at which I would likely enter a short with a tight stop loss.

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