LeMogwai
Short

Approaching key levels, bull trend line vs clouds resistance

BITFINEX:BTCUSD   Bitcoin / Dollar
756 1 11
As we can see on the graph, the price touched the trend line coming straight from $166, on chinese exchange this trend line has be broken but the price is trying to bounce back on.

Resistance is forming and $248 appears to be the key levels to break for the bulls.

I advice you to stay out of the market while price is in this area and to wait for a break out one way or the other.

I personally think about a bearish outcome but i m ready for both.
ChartArt
2 years ago
Better be ready for both. My last two bear scenarios failed so far.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out