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AriRudd
Dec 25, 2017 11:15 AM

Major Support Line Long

Bitcoin Cash / U.S. dollarBitstamp

Description

The price is reacting to this line along the way
BITFINEX:BCHUSD

Comment

trying to break the temporary resistance!

Comment

Another failed attempt to break the resistance.
Comments
TradingPretzel
Isn't this called a major trend line? Pretty sure it will go down because of the head and shoulders patter.

Anyway, If you lower this line to 1780 low between 18 and 19 December it will go through both lows this month, second one is 2050 on the 23rd
AriRudd
@TradingPretzel, Its not validating head and shoulder according to low volumes, I believe.
TradingPretzel
@ArianRudd, hm, didn't think about volume. I guess we will find out quite soon though
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