blloyd

#Bitcoin $BTC "Ancient" Trend-Lines of Support and Resistance

Long
BITSTAMP:BTCUSD   Bitcoin
While horizontal support and resistance lines receive most of the attention, it is the non-horizontal ones that actually are most relevant when determining the price action in any given time-frame.

The $BTC daily RSI was just reset and we are currently seeing the most oversold conditions since 2016.

This is the first in a series of three ideas that I will post to analyse past, present and future Bitcoin $BTC price action.
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