BitcoinLong
BTC trend line analysis
I drew these trend lines a few days ago and BTC has been respecting them. We broke one which I pointed out with a blue arrow and you see the price action following. All the way into the next trend which it then was immediately beat down. If you are trying to scalp or trade you can pay attention to these little lines and they will predict the market for you to an extent. If you are living in fear from the little decline they will also help you with that. I liquidated everything at 10190 an rebought at 9450. I am watching these lines closely as this is an important move where we are. Once through the woods I will place my sl at break even and enjoy the ride. My current sl is 7900 but that is just for some goofey market maker games or exchange funny business. They like to take out sl right at pivot points.
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