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GuttyCoin
Jan 20, 2018 5:46 PM

BTC approaching some resistance levels 

Bitcoin / DollarBitfinex

Description

BTC still has momentum on the 4H and 2H charts but is approaching some resistance levels. A break past 14K may be confirmation of an uptrend, otherwise I still think we are in correction.
Comments
reppac
The 4H and 2H momentum is heading towards overbought. I agree with both conclusions.
juztapox
Needs more lines
GuttyCoin
@juztapox, hahah i know right. I'm still new to charting so still sorting out which methods I like best. Here I have trend lines, fib lines, my own drawn resistance/support lines, elliot wave lines, and then a bunch of arrows with my predictions lol. I know a lot of people just use 1 or 2 of these but I'm still experimenting with all of them
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