Is this a breakout?

32


Moving averages played a big role as an indicator for technical trendanalist. It helped to find support and resistance during the price history of Bitcoin.

An other interesting instrument is the distance from a MA measured in percentage, also that could have been a guide to find tops and bottoms for Bitcoin.

There is one particular trend-line that could have been an indicator to spot a top for bitcoin.
But is this one going to break soon?
Do you think this has some importance?

I would love to hear some input, ideas and maybe we can discus it further together!

Have a great 2024

snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.