BitcoinLong
BTC Broke Downward Sloping Resistance and Holds it as Support
I don't like to connect my downward sloping resistance line at the very top of the wicks. Those are usually very quick run-ups that are shot down fast. Since support and resistance lines are elastic I tend to place my lines a bit below these "shenanigan" wicks that are designed to throw traders off their game.
That being the case, Bitcoin has broken my downward sloping resistance trend line and that line has switched to support.
Yet more evidence that the tanker is currently turning around to go the other direction.
Peace, Love, & Crypto,
B166ER
That being the case, Bitcoin has broken my downward sloping resistance trend line and that line has switched to support.
Yet more evidence that the tanker is currently turning around to go the other direction.
Peace, Love, & Crypto,
B166ER
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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.