so im not so sure this long white trend line ive drawn would have enough significance to force a major move from btc by interacting with it. we are squeezing between it and the channel, and the 50ema will collide soon as well. i just dont know if this line could have that much significance? it will be playing out today most likely, defintely the next couple of days. what you guys think? i had also posted this a couple days ago, but apparently i had moved the trend line by accident so it was a little off, didnt notice until this morning LOL
Note
annnnd immediately after i posed this we broke down pretty decisively through the white line. guess we will find out shortly
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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.