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FxDollarZz
18 Jan 2018 pukul 08.26

Bitcoin Breaking Major Support - Support Becoming Resistance H4 Singkat

Bitcoin / DollarBitfinex

Huraian

Price broke major support and then re-tested from underneath and looks like it's being rejected, this is support becoming resistance as you can see here on the H4 chart:



This was on the 16th, price was at a key level and could have bounced at 11k or broken under, the market has decided to go down.



The next major support area is the bottom of a trend-channel between 7-8k. Price has been respecting this channel and traded in it for almost all of 2017:




Komen
BJekyll
Nice call. Followed exactly.
Lebih