There many trendlines that you can follow this bull run for me its this one , it has by far the most interesting confluence points and it starts with the run breaking previous ATH.
What I have noticed is that this trendline is a catalyst for momentum and more importantly it seems to happen on weekends. Whenever we bounce off this trendline on a weekend we trigger massive momentum for the upcoming week and follow through in that direction , so far there has never been a reversal on a weekend or the week following on this trendline.
As of this morning price again bounced off this trendline just like the other 4 times this bull run so its repeated exactly same pattern , the only thing that is missing here is volume we have been contracting massively on volume.
I think the next move for bitcoin will be massive sort of like the candle we had February 8/9th and break through 59k resistance next 7days possibly.
What I have noticed is that this trendline is a catalyst for momentum and more importantly it seems to happen on weekends. Whenever we bounce off this trendline on a weekend we trigger massive momentum for the upcoming week and follow through in that direction , so far there has never been a reversal on a weekend or the week following on this trendline.
As of this morning price again bounced off this trendline just like the other 4 times this bull run so its repeated exactly same pattern , the only thing that is missing here is volume we have been contracting massively on volume.
I think the next move for bitcoin will be massive sort of like the candle we had February 8/9th and break through 59k resistance next 7days possibly.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.