Trendlines and broken trendlines results

Trendlines are one of the major supports or resistances and on this Bitcoin chart we can see few examples which price react well to them and start to pump from green trendlines and sometimes dump from red trendlines and it is easy to draw one trendline ----> simple like drawing support line this time try to find support line which is Diagonal and one or two touch with this trendline you can find next support which is third touch and you can set your buy there like below example:

also sometimes trendline broke and their support turn to resistance and after retest of breakout you can enter sell like example:


there are so many rules about trendline like when it can break or after how many touches trendline lose it's power and ... we can discuss in comments more about them so ask any questions there and lets discuss.

Also currently if we have a valid breakout of red trendline to the upside for Bitcoin price can easily pump to 90K$ at least.

DISCLAIMER: ((trade based on your own decision))
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