the_sunship

Bitcoin and the Line

COINBASE:BTCUSD   Bitcoin
So yes, since April 21, the line has been important to the price as both support and resistance. Over it on a 4 hour candle and it's a go to the upside, probably 32,500. Cracking down from here would be bearish. The fact that they keep hanging around the line make me think they want to cross it, but of course that can change on a dime.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.