Crypto Screener Forums Bitcoin (BTC) Forecast – Technical Analysis Bitcoin (BTC) Technical Analysis – September 2017 Reply To: Bitcoin (BTC) Technical Analysis – September 2017

#391
margincall
margincall
Keymaster

Nice price action today as a new ATH was set yesterday around 4980, just before hitting the 5k mark we saw sellers stepping in and there has been some decent selling volume since.

It looks like Support at 4630 will be tested around the 0.5 fib. If we break lower we might start seeing the formation of a head and shoulders chart pattern on the charts.

https://www.tradingview.com/x/G3D41weD/