$ETH 🔥 Easy Way to Find Support & Resistance Using ZigZag (Swing High/Low) 🚀 📌 What is Support & Resistance? Support (Buying Zone) → Price touches a level and bounces up multiple times. Resistance (Selling Zone) → Price touches a level and drops down multiple times. 🛠 Step-by-Step Method to Find Strong Levels (EASY WAY!) ✅ 1. Use Swing High/Low (ZigZag) Indicator Swing Low (Green Dots) = Possible Support Swing High (Red Dots) = Possible Resistance If a level touches 2-3 times, it becomes a STRONG SUPPORT/RESISTANCE! ✅ 2. Draw Horizontal Lines on Key Swing Points Go to 1H, 4H, or Daily Chart Mark recent Swing Highs & Swing Lows using horizontal lines. Higher Timeframes = Stronger Levels! ✅ 3. Confirm with Other Indicators (For Accuracy) RSI < 30 (Oversold) at Support → High chance of bounce. RSI > 70 (Overbought) at Resistance → High chance of rejection. 200 EMA (Moving Average) → If price is above, support is stronger; if below, resistance is stronger.
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Expert: Bitcoin’s 'Dip Then Rip' Pattern Signals 190% Surge After Market Crashes
Bitcoin’s crashes often spark 190% rebounds, making Bitwise more bullish than ever as market chaos signals a prime setup for explosive upside. Bitwise CIO Says Bitcoin’s ‘Dip Then Rip’ Pattern Is Flashing a Bullish 190% Setup Matt Hougan, chief investment officer at asset management firm Bitwise, used his March 17 memo to explain why bitcoin tends to drop in moments of financial stress—even though it’s considered a hedge. Drawing from research by his colleague Juan Leon, Hougan noted that when t