RE: Bitcoin (BTC) Morning Update: Price is Still Above the Support

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Bitcoin (BTC) Morning Update: Price is Still Above the Support

in bitcoin •  7 years ago 

The way you draw the down trendline ( ii , iv, 2 , 4 ), yes it was breached. But at number 2 blue, you made the trendline touch below the top, not at the top? Why is that? If you adjust it to the top, then we did not breached. Could you please clarify why you draw the trendline like that?

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I am wondering the same thing!

I've also wondered why the trendlines don't sit on top of the peaks.