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RE: Bitcoin (BTC) Evening Update: A Triangle Before Wave 5
Don't use the "hour" chart to see if a trend line is broken. Use the "day" chart. Once it is above the trend line for a few days, than the resistance line has become the support line!
Please look at this video. It is very neutral about support lines, trendlines and resistance lines. It also show you that, and why we are still in a bearish market!