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Multi-Year View: Cycle Top and Trend Line play as support

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On the logarithmic chart we see a long-term trend line, which is considered as support. In addition there is the cycle top from 2017. Means, at the cross point are two very strong resistances which should stop the sell-off.

This is not a financial advice.

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UnknownUnicorn1441410
Bitcoin (Cryptocurrency)Chart PatternsTechnical Indicatorslong-termTrend Analysis

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.
Bitcoin (Cryptocurrency)Chart PatternsTechnical Indicatorslong-termTrend Analysis
UnknownUnicorn1441410

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.