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Marzo999
Jan 27, 2018 10:36 AM

BITCOIN : 4 levels of resistance before flying 

Bitcoin / DollarBitfinex

Description


my view of the current situation, resistance levels are :

- the upper yellow trend line resistance (will be weaker after 3 days)
- the Ichimoku cloud resistance (it is a small open gap after 3 days)
- the two main moving averages ... the blue one need strong bulls to penetrate.

otherwise ... going downward

(the chart is 4h view)

Comment

1 resistance level is done, 3 to go
Comments
venturetrade
great technical analysis thanks!
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