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

#844
AndreSnyman
AndreSnyman
Participant

Btc is on the 2 trend line, I am shorting bitcoin when this trend line breaks. I closed my short trade when it broke the high, but will open it again after the 2nd trend line breaks. The problem when we see a top of a trend that was very bullish is that the market just does not allow the trend to be broken without a fight. On the day chart the bullish trend is still in play. Support on the day chart is at 6540 and 6200!

Support 7128 and 6880 and 6500.

Resistance: 7400. I will be looking to short more at that level.

  • This reply was modified 1 year, 6 months ago by AndreSnyman AndreSnyman.