You haven't seen it before because a good trend line has at least 3 points matching the price and that happened yesterday.
We absolutely have to hold above that price for daily close, otherwise it looks really bad! Also remarkable that we're trading a long time now outside value area.
Fresh moment has to be build and that could happen by holding above the trend line and attacking 50MA next.
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25.700 - it looks good now! If we hold that and stay above 25.3 the chances for a bullish reversal are high imo.
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The daily close yesterday was perfect for our scenario!
I want to see a real push today. Hopefully no choppy crawling on that line for the weekend because then SMA200 could pull us back down.
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That's how it looks in daily now:
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Daily SMA 50 got tested now and BTC is not falling. No rejection yet.
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