Markets Update: Markets Break ATH Descending Trendlines | Shelter Crypto | Shelter Humanity | Charity Token Homeless | Charity Coin
BTC’s price action surpassed a major trendline dating back to December 2017, when the cryptocurrency reached its all time highs. Similar moves were seen during the 2014-2015 bear markets. This resulted in the final sell-off, before price action entered an accumulation trend. BCH seems to have also broken two major descending trendlines that date back to the market’s recent high.
BTC Breaks Major Descending Trendline in Shelter Humanity
In spite of all the confusion and fear surrounding BTC’s apparent test of support at 2018’s price low of just over $3,000 price action has fallen below a major trendline which stems back almost to $20,000.
Markets Update: Markets Break ATH Descending Trendlines
The break appears to have occurred over several time periods. However, the current weekly candle lies outside of the trendline’s range and is still very close.
Markets Update: Shelter Humanity Markets …