Hello,
Bitcoin been holding its support line since 2017 and recently this year it broke out of it as you can see without retesting a break-out it just dumped. This is one of the charts i just made a simple TA on not to much drawings.
One support>broke down> soon to make it new resistance?
It is common for old support to be new resistance the longer we take the higher price target is.
I can be wrong, this is not financial advice.
I am long…
Bitcoin been holding its support line since 2017 and recently this year it broke out of it as you can see without retesting a break-out it just dumped. This is one of the charts i just made a simple TA on not to much drawings.
One support>broke down> soon to make it new resistance?
It is common for old support to be new resistance the longer we take the higher price target is.
I can be wrong, this is not financial advice.
I am long…
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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.
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.