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BTC trading trendlines
The previous ascending triangle lost its importance after the breakout to the bottom and then bouncing of the December trend-line several times.
We now have the December trend line supporting the upwards trend and the ascending triangle switching from support to resistance.
Breakout to the upside above previous swing highs at 59.600 and to the downside below the December trend line at approx. 55.000.
We now have the December trend line supporting the upwards trend and the ascending triangle switching from support to resistance.
Breakout to the upside above previous swing highs at 59.600 and to the downside below the December trend line at approx. 55.000.
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