BTC broke down the long-term support line

Bitcoin / TetherUS BINANCE:BTCUSDT

MJShahsavar

As marked in the chart, BTC broke down the long-term support line. This can be an important signal. To confirm this breakdown, I am waiting for the Bitcoin to react to the trendline drawn based on the wicks.

You might be interested in …

Trading View May 13, 2022

Trading Volitile drops for massive ROI. Big Risk of 99.5% lost.

Trading Volitile drops for massive ROI. Big Risk of 99.5% lost. Terra / Tether KUCOIN:LUNAUSDT charlierabone feel like trading this bottom could return mass returns but is so risky. money black hole that shits out […]

Trading View April 18, 2022

BTC The Last Week

BTC The Last Week Bitcoin / Dollar BITFINEX:BTCUSD kryptologic Monday 11th April 2022 BTC 12 hour chart We have a perfected red TD 9 count with a buy setup – gold diamond TD support is […]

Trading View April 30, 2022

APE USDT Give me more or leave the door…

APE USDT Give me more or leave the door… APE / TetherUS BINANCE:APEUSDT SebiiSb We can definitely make the case that this move down was just a liquidity grab from the smart money and now […]