BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello. I think we are going to try for $680 in a short while, but fail. then break the puple line, and find a bottom near the green line, before attempting to go up again. This is the range that will play out until october/november 2016 where we may see a break out. Whats interesting to note is, the red EMA line is well below the green line, so if we touch the green line, we could still be talking about an uptrend, unless price goes below red ema line. And this will be the signal that helps us determine wether price is going to break up, or break down around october/november.
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Well, it is a still a pivot point not a resistance yet. May break may reject
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