Hello,
Bitcoin been holding its support line since 2017 and recently this year it broke out of it as you can see without retesting a break-out it just dumped. This is one of the charts i just made a simple TA on not to much drawings.
One support>broke down> soon to make it new resistance?
It is common for old support to be new resistance the longer we take the higher price target is.
I can be wrong, this is not financial advice.
I am long…
Bitcoin been holding its support line since 2017 and recently this year it broke out of it as you can see without retesting a break-out it just dumped. This is one of the charts i just made a simple TA on not to much drawings.
One support>broke down> soon to make it new resistance?
It is common for old support to be new resistance the longer we take the higher price target is.
I can be wrong, this is not financial advice.
I am long…