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#BTC Facing Important Resistance.

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators crypotrading Bullish Patterns btclong btclongterm btclongs btcshort etherium Litecoin (Cryptocurrency) binance
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Hello guys. welcome to this update.BTC successfully broke above the black horizontal resistance. Now it is facing resistance around the 7800 area. Break above this range and we can expect $8300. If it doesn't beak above the resistance then I expect $7500 to act as a major support level. RSI is concerning me for being bullish atm. If you're holding any longs either put a SL or take some profits.

7500 and 7277 which is also the 200D MA acts as a major support here.

Let's see if it breaks the 7800 level.


#PEACE
Komen:
Broke the resistance and now ready for 9k.. read the next update here:
#BTC/USD Broke the Resistance Now Ready for 9k
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