This long term trend line was breached

this long term trend line was breached.
what do you think it means? that we're going down? that it's resistance? or are trend lines just memes?

Attached: dl2.jpg (1005x565, 103K)

idk just draw a new line lmao

>idk
don't post in a thread requesting opinions then, zoom zoom.

it was breached many times before the last breach faggot

Nothing looks divergent here, the uptrend will continue.
Candles are usually locked at arbitrary times m8, they're good for making long term predictions, but if you want to judge short-term by the candles you group them not by time but by volume or count of transactions.

not by a daily close as shown here. sorry if my English was wrong, it's not my first language.

Well let's just wait and see what the 3 day or the weekly looks like.

i'll wager we stop at 8500 next

>long term
>trend
>not logarithmic
>dead straight

Attached: wmls080518.jpg (800x420, 43K)

literally just adjust the angle a few pixels, lmao

literally made my TA and saw the same thing so i shorted at 10k about 8 hours ago

Oh shit...we got a pajeet here! You poo in the loo?

Kys

Just draw a new line faggot.

Has the candle closed yet though?

>long term trend line
>less than a year

please tell me you're just trolling

Attached: only TA that matters.jpg (1705x963, 143K)

Make the line a little more wiggly and the market will be fine

Not breached until the daily closes. But I think it'll stay down sadly

checked baste and wigglypilled

these are different things. i believe bitcoin has way more upside potential but lower timeframe TA matters a lot if you're gonna do any trading other than HODL and DCA.

here's the problem with those ma's and weekly chart, you're going to be about 3 weeks behind market shifts.

down $300 since this comment, gg no re, you were right