Spaceboi

Bitcoin Resistance Levels for Increase

Long
Spaceboi Updated   
BITFINEX:BTCUSD   Bitcoin
I think that if bitcoin is able to break out of this descending triangle it will fall to previous support levels, or it will rise to the areas of resistance met before. I am interested in the buying Bitcoin as it has had 3 and possibly 4 bounce backs on the $2400 line.
Comment:
Bitcoin has reached the first point of support / resistance. Hopefully it will hang around in there while making a gradual climb to $2600. I will update with relevant information as it comes in.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.