BMoom

Bitcoin - Stuff to watch.

Short
BMoom Updated   
BITSTAMP:BTCUSD   Bitcoin
Descending triangle has high probability of eventually breaking down.

Possible bear flag on 4Hr.

Red lines and zone resistance.

Green lines and zone support.
Comment:
1 Hour to watch. Currently hung up on resistance. Watching for a pull back then move to the top of the sell zone, lining up with the 4 hour chart.


4 Hour looks like it wants some upside if we can break through the 1 hour resistance we are currently hung up on. Let's see if we can put the price in the hole.

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.