W just broke a macro trendline!! on BTCUSD for BITFINEX:BTCUSD by klugook — TradingView

Trend Lines Beyond Technical Analysis BTC btcusdtforecast macro BTCUSDT

trendline beyondta btc btcusdtforecast macro btcusdt

We just broke this downward trendline for the first time in months..
Obviously its only the hourly close, but if we hold it into the daily close tonight this would be majorly bullish!

Comment:

Same golden trendline left as right.

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Here is the LOG version of the same trendline:

Log Chart MACRO TRENDLINE BTCUSD

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On the weekly we have seen the 21 weekly EMA being lost the last months, then we broke through, retested it and now have said goodbye for now ! Let's ride that bulltrain, bags are PACKED:

Leaving that 21 EMA behind

Comment:

Not much resistance from here to ATH..
on weekly and monthly chart.. LETS GO

Not seeing much resistance all the way up

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