Potential Trendline Supports

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
chart conveys monthly trend lines with weekly intersecting points

I'm less concerned with day to day trading and more concerned about the longer term trend. The trendline from august 2015 remains going strong with 9 intersecting points based on the weekly and 7 occuring within the last year. November 2013 has the second strongest with 3 points over the last year. May just be a coincidence, but I think its worth watching.

Comments and critiques are appreciated as always


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