After sending out our warning in our last post, BTC had a 7% drop today. Not too brutal for BTC but it sure did flush out altcoins.
Just wanted to make a quick post highlighting our upwards sloping trendline on the 4H. Even with the massive wick to the downside the candle body is still holding support! Very important trendline to continue to watch.
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.