BTC ALL TIME HISTORY INDEX BREAKOUT DOWN TREND!?
Hi Crypto Nerds,
This is what i have been waiting for! The breakout of the downtrend on the BTC ALL TIME HISTORY INDEX. If you change this to the 4h timeframe you can see a clear representation of the breakout but i wanted to share with you the 1D chart to capture the entire downtrend technical analysis.
Just to confirm this breakout even more i would love to see this 1D candle close above the downtrend line. Not saying that we aren't in the bull season yet, i believe we still have some downside to go but i see levels of 28 - 29.5k mark before retracing back lower.
Peace out nerds,
Activeaus
This is what i have been waiting for! The breakout of the downtrend on the BTC ALL TIME HISTORY INDEX. If you change this to the 4h timeframe you can see a clear representation of the breakout but i wanted to share with you the 1D chart to capture the entire downtrend technical analysis.
Just to confirm this breakout even more i would love to see this 1D candle close above the downtrend line. Not saying that we aren't in the bull season yet, i believe we still have some downside to go but i see levels of 28 - 29.5k mark before retracing back lower.
Peace out nerds,
Activeaus
Note
Quick Update, on the 4h we can see a potential bounce on the trend line down as support now. This is a good sign for above target to be met.
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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.