pnaik732

Moment of truth - Long term resistance

pnaik732 Updated   
BITSTAMP:BTCUSD   Bitcoin
Looks like BTCUSD is meeting tough resistance on the re-test of the weekly upper Bollinger Band. Next move could be big, in either direction. See my previous post for further details (linked below).
Comment:
Breakout attempt going on now, let's see how we close the week.
Comment:
Basically trading right at the upper Bollinger Band going into Sunday evening. So looking for a pullback next. Not sure it will get all the way down to the 21-week moving average, but until BTCUSD starts pushing the Bollinger Band up, seems best to stay neutral.
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