We are above the long term trend line, and we are above the line for lower lows the last 5 weeks. We are now bouncing off of the declining lows line, and will bump into the long term trend line (Red dash line) in the next day or so (magnifying glass). I think it will be an important decision point for us. That said, I'm very bullish right now. Don't be that weak hand that losees your bitcoins!
Not investment advice.
Not investment advice.
Comment:
Forgot to mention, we also have the 2019 support line (purple dotted line) coming quickly into the picture the next week or so as well for added support. Key decision time in my opinion.
Comment:
Also, i meant we are bouncing off the line for lower 'highs', not lower lows.
Trade closed manually