Categorical

Bitcoin USD: Downtrend state support and resistance analysis

Short
BITSTAMP:BTCUSD   Bitcoin
This chart sets out the current state of trend support and resistance lines for BTC/USD at 11am UTC on 3 October 2018. The chart is dominated by the downtrend from peak from December 2017, with local pockets of support which are consistently being eroded by the weight of the down trend line.
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.