TheOtherNab

BTC Macro & Micro Trendlines

Long
BITSTAMP:BTCUSD   Bitcoin
Good day,

BTC is approaching break-point, white line represents macro uptrend support which we are looking to hold as a support.
Green line represents previous downtrend resistance which we failed to hold as a support for now.
Red line represents current micro downtrend resistnace which we haven't been able to close above.

To be safe wait for bullish candle formation.

Stay safe,
Take care.

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