Btc major trendlines with support and resistance.
The arches are trendlines and support and resistance.
In order for a trend to be broken it needs to have at least a second candle in the up (for uptrend) or down (downtrend) direction that does not touch the arches.
The same thing for the horizontal lines that are support and resistance.
The arches are trendlines and support and resistance.
In order for a trend to be broken it needs to have at least a second candle in the up (for uptrend) or down (downtrend) direction that does not touch the arches.
The same thing for the horizontal lines that are support and resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.