Exited the 20,000 down trendline, what next?
We exited the down trendline formed and tested since 20,000 on the daily.
This is actually pretty solid for Bitcoin.
However because it's been such a strong trendline for the whole of 2018, I believe it MUST be tested, wether that will be in the next few candles or 30 candles later, it's hard to tell.
What important to keep in mind is that the more candles pass, the lower the trendline support will be, so the lower the price will have to go to test it.
Hope you find this angle of looking at it a useful insight. If you do, press the like button :)
This is actually pretty solid for Bitcoin.
However because it's been such a strong trendline for the whole of 2018, I believe it MUST be tested, wether that will be in the next few candles or 30 candles later, it's hard to tell.
What important to keep in mind is that the more candles pass, the lower the trendline support will be, so the lower the price will have to go to test it.
Hope you find this angle of looking at it a useful insight. If you do, press the like button :)
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。