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

#760
AndreSnyman
AndreSnyman
Participant

Btc bounced +-$30 from our support line at the bottom. There is resistance at $5680-$5700, we will need to look at price action to see what will happen with btc there. We took profit on our first  short, I am short again with a stop above $5700 but this is a very small trade for me.The stop loss is very small currently! If btc closes above my trend line at $5700 I will be closing my short.