2021-02-22

BTC vs USD

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
ON THE 4h CHART ABOVE WE HAVE BEEN SEEING HOW THE UPTREND ACCELERATED, SO IT WAS A NEED FOR DRAWING THE SECOND TREND LINE TO MORE CLOSELY TRACK THE RISING  TREND . BUT THE BREAKING OF THE STEPPER TRENDLINE(2)  MIGHE HAVE CAUSED PRICES TO REACH THE SLOWER TRENDLINE
INDEED, THIS IS WHAT HAPPENED , BUT THE SLOWER TRENDLINE(1) IS STILL IN EFFECT SO FAR. KEEP IN MIND  BREAKING OF THE SLOWER TRENDLINE MAY HAVE TAKEN BITCOIN A MINIMUM OF $38000(TRENDLINE MIRRORS) OR EVEN LESS
NOTICE THE BREAKING OF  THE STEPPER TRENDLINE CONFIIRMED THE NEGATIVE DIVERGANCE ON THE RSI