This is the best fit trend line we've created and held for the last 2 bull cycles and bear markets.
It'd be wise to watch a close above the trend line on higher time frames and ensure we've respected it rather than FOMO in because you think $4k was the bottom and then we get rejected by the trend line at $4,300/$4,400 and we fall back down again.
For more analysis like this, join our FREE DISCORD CHANNEL.
Information provided by Cryptosomniac, LLC is not intended to be utilized in making any financial decisions and are not a solicitation, nor recommendation to buy, hold, and/or sell a particular product, digital asset, or ICO. Cryptosomniac, LLC website, newsletter, email communications, and discussion groups/chats should be used at your own risk. Opinions expressed by Cryptosomniac, LLC are based on personal experience and do not claim to guarantee any results, nor do they imply a recommendation. You can access a full review of our disclaimers and terms of services Here: https://www.cryptosomniac.com/terms-of-services/