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nico14

BTCUSD Important Resistance Broken – My First Trading Idea

Bitcoin (BITSTAMP:BTCUSD)  
nico14 Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance BTCUSD
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trendanalysis supportandresistance btcusd
Bitcoin just broke a long term resistance this week. Moon or bulltrap?
Comment:
Clearer view on weekly

snapshot
Comment:
Detail view with 3D

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Comment:
Thanks to @zerocashcool for pointing out the great MACD and RSI on the Monthly!
Comment:
Little correction/rectification: Resistance is broken on the WEEKLY, on the monthly it's pierced as of now.
Comment:
The weekly candle from last week closed just above the resistance line in my TA. Depending on how the line is drawn (best done on the weekly IMO) and exchange data, it is a closing or not above the resistance.
Trade active:
Will it act as support again?

snapshot

Related Ideas

nico14
BTCUSD: Long term support line still relevant
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