Long

Updated

W just broke a macro trendline!! on BTCUSD

We just broke this downward trendline for the first time in months..
Obviously its only the hourly close, but if we hold it into the daily close tonight this would be majorly bullish!

Note

Same golden trendline left as right.

Note

Here is the LOG version of the same trendline:

Log Chart MACRO TRENDLINE BTCUSD

Note

On the weekly we have seen the 21 weekly EMA being lost the last months, then we broke through, retested it and now have said goodbye for now ! Let's ride that bulltrain, bags are PACKED:

Leaving that 21 EMA behind

Note

Not much resistance from here to ATH..
on weekly and monthly chart.. LETS GO

Not seeing much resistance all the way up

Also on:

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Also on:

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.