AlbionTrader
Panjang

BTCUSD on a Support/Resistance level?

COINBASE:BTCUSD   Bitcoin / Dolar
COINBASE:BTCUSD             had a good drop in the last 3 days.

It now reached an area that can form a horizontal support; this would be the third touch so in case it holds we are going to see further move upwards.

As a soft resistance, we can also look at the diagonal trendline in figure - even if on the 10 December there was not a real touch.

Given the high volatility of the currency, augmented by several news in this week (and more to come by the end of the year), caution is advised.

snapshot

/********/

Original from my blog
Komen: Treandline still holding and now functioning as resistance
snapshot
Bahasa Melayu
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Laman Utama Pengimbas Saham Pengesan Isyarat Forex Pencari isyarat mata wang Crypto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Rumah Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Pengesetan Profil Akaun dan Bil Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikuti Mesej Peribadi Perbualan Log Keluar