BTC at Resistance for BITSTAMP:BTCUSD by peterbhc

Trend Analysis Beyond Technical Analysis

Notice the price is at trend resistance and just under the daily cloud with an over extended RSI.

I do believe that a pull back will be seen from this level.

Careful of any Bull Traps followed buy a price dump.

Good Luck

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.