Bitcoin: Approaching Trendline Resistance

in #bitcoin • 7 years ago (edited)

Bitcoin has been very strong this week with a powerful move above $10,000.

But, BTCUSD approaches resistance in the form of the large trend line created from the highs in December 2017 and January 2018.

This trendline comes in near $12,000 and near the 89 SMA.

tl res.PNG

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This post is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action.

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7 years ago in #bitcoin by
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     7 years ago 

    I like your work dear
    You and analyst @salahuddin2004 are two top analysts of cryptoworld.

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     7 years ago 

    Thanks @umerfarooqorak for the very kind words! I'll check out the person you reference

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