The current position, the price touched the Support Trendline and Horizontal Line (meeting of two supports). A trendline requires 2 connecting points, but the two points are still temporary because they have to be tested a third time to be valid.
When the 2 connecting points meet the starting point and the first touch, the trendline is still tentative, but at that time what happened at XEMBTC was able to increase 255%. Furthermore, the trendline is retested (touch 2) and is valid to increase by 226%.
Currently the same trendline is being retested. An ideal trendline should be able to bounce off at least 50% when touched. The first touch is so tempting, the next is up to you, Happy Weekend 😍😇🙏
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