#Bitcoin $BTC "Ancient" Trend-Lines of Support and Resistance

By blloyd
While horizontal support and resistance lines receive most of the attention, it is the non-horizontal ones that actually are most relevant when determining the price action in any given time-frame.

The BTC daily RSI was just reset and we are currently seeing the most oversold conditions since 2016.

This is the first in a series of three ideas that I will post to analyse past, present and future Bitcoin BTC price action.
Bitcoin (Cryptocurrency)BTCBTCUSDbtcusdforecastbtcusdlongChart PatternsTrend Analysis

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