Get started
Diillon

BTC Testing trendline

Bitcoin (COINBASE:BTCUSD)  
Diillon Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD Cryptocurrency
5
0
trendanalysis chartpattern indicator btc btcusd cryptocurrency
BTC Up or Down? BTCUSD

BTC - USD is testing 4hr timeframe trend line

The ascending trend line in green is our support.

We are below the 20 MA currently (bearish)

RSI turning bearish

Careful if we find support on the trend line BTC could be bullish

A break below the trend line is more bearish
Comment:
Rejection from the trend line as expected
snapshot
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.