Bitcoin Trendline support soon can pump it to 83K?

8 Apr

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 just and 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 this is educational post and Bitcoin right now may respect this trendline and hit 83K$ as target or in this bear market this support can also break and we can expect next bear targets like 69K$ then.

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

Dagangan aktif

Simple and easy 83330$ touch and our target hit.