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