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pnaik732

Channel Resistance

Bitcoin (BITSTAMP:BTCUSD)  
pnaik732  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
If BTCUSD is in an upchannel, then it is going to hit resistance right here

Then there's a monthly resistance line coming in at 41250 just above... if somehow this gets cut through there's a lot of room to run

But until then, what a nice run. Lightening up a bit on profitable positions is generally prudent around resistance... just in case...

not financial advice

Idea Berkaitan

pnaik732
Perhaps time to take some BTC off the table
pnaik732
confluence of support at 41k
pnaik732
Triangle time
pnaik732
test of Monthly resistance trendline
pnaik732
Getting too predictable
pnaik732
In the triangle
pnaik732
Current Move
pnaik732
Triangle Breakout
Penafian

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