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BitcoinBearSlayer
Nov 19, 2019 11:16 AM

Bitcoin - A significant trend line Long

COINBASE:BTCUSD1D
Bitcoin / United States DollarCoinbase

Description

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This line looks important to me. Price has traded around it for a very long time....

Comment

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I couldn't help myself. I had to throw a few more Satoshi on the stack.

Comment

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A close up 4 hour view. Obviously my expectation is for the pink line to act as support as well as the 78.60% Fib.

Trade closed: target reached

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Trend LinesbitcoinbearslayerBTCBTCUSD
Comments
barhoc11
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Why is this significant? Is there certain volume that you can show, which is going on along this trend? From what I see, this looks like an arbitrary line drawn on a chart so any clarity you can add is appreciated.
BitcoinBearSlayer
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@barhoc11, As God said, and I paraphrase: "You want to see proof but none shall be given"
BitcoinBearSlayer
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@barhoc11, Here's the best I can do to help you "see" it.

barhoc11
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Now that BTC is below your trend line, what are your plans?
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