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pnaik732

Current Move

Bitcoin (BITSTAMP:BTCUSD)  
pnaik732  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
Last target of 36400 has been met on today's move.

The current move should meet resistance at 37850, if the current candle does not dip back underneath the top of the up channel.

I don't see a breakout from this level without a clear catalyst, but the top of the up channel could now provide support for a new narrow range.

Not financial advice.

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