mc77

btc, trendlines and support

BITMEX:XBTUSD.P   Bitcoin
Zoom out and look at the red trendlines drawn by line chart (green= candles). We move in a big triangle. The red upper line in combination with pivot= strong resistance. I think we will see a down movement to the monthly pivot or deeper, before we will test the strong resistance on the way to a new ath.

@77mc77mc
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.