TerryKinder

Bitcoin at Critical Juncture

BITSTAMP:BTCUSD   Bitcoin / Dollar
Bitcoin             is nearing a critical juncture as can be seen on the chart. Price is currently in a descending channel (yellow and pink shaded area).

Price broke through Pitchfan support around $500.00 back in September 2014.

Next support is near $185.00 and rises to around $245.00 by October of this year.

The Bitcoin             price needs to break above the descending channel it is trapped in or else it breaks the next Pitchfan support level . If it breaks the support level next decent support wouldn't come in until around $118.00 or so.
Spot on, as usual, agreed.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out