Once again Bitcoin is Re-Testing my Multi-Year TrendLine as support. The last 3 daily candles each have a wick poking down at it. Will it hold? So far it has but with each passing day and retest, the chance grow less and less likely. As long as we remain above it, I am long. A drop below would have me taking risk off and waiting for a better price below somewhere.
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Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Related publications
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.