People that use linear...
are about to get rekt.
Use log. Confluence of resistance at 44k. This shit will dump afterwards.
Follow.
Use log. Confluence of resistance at 44k. This shit will dump afterwards.
Follow.
Note
21 week EMA and 200 day SMA, descending channel, and bullish trend line all converging on current price as resistance. Everytime BTC price breaks below bullish trend lines we retest then dump 50%.
Old (>1yr held) coins are being destroyed at an all time high rate right now.
It all adds up to a bull trap.
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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.