DrDovetail

Guess which trendline continues to keep breaking bitcoins fall?

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BITSTAMP:BTCUSD   Bitcoin
The weekly stochrsis ascending support trendline has performed phenomenally this entire bull run. It still refuses to submit or bend the knee. Each time during the bullrun i seemed as if the big 31-41% correction was finally about to happen the fall was stopped short as the bullish momentum was bounced up off of this trendline. Once again this has happened to our most recent price action which should allow it to get one more good bull pump before finally breaking through this trendline. Every time we've had a dip I haven't been worried and will continue to see those dips as bear traps until we close a weekly candle with the blue and orange lines under this trendline or if we flip it to clear resistance...this support line has been by far the best indicator this entire bull run and will very likely continue to be. Look up my other ideas I've posted the past few weeks and you will see just how consistant i has been.
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