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Hoosier812
7 apr 2020 20:16

APRIL 2020 - RE Test of TRENDLINE RESISTANCE from JUNE 2019 

Bitcoin / U.S. dollarBitstamp

Beskrivning

Descending Trendline from Local Top of 14k in June 2019
Per Chart: BTC made several touches of Support & Resistance
Breakout in JAN 2020: 8k to 10k
BTC Re-Tested Trendline as Support in early March 2020: FAILED

Wait for breakout and Test of trendline as support OR Rejection of trendline
Kommentarer
Riester
Just a couple of lines, but the message is so much more. Red candle at yellow support shows it struggled to breach. We will see if it gains enough momentum to pop!
Mer