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

#925
AndreSnyman
AndreSnyman
Participant

The daily chart hit our target of $8200 which we called on Nov 1st. I had a short in yesterday but got stopped out at $8290, I am going to wait for a clear signal before I close some of my bitcoin in my portfolio. We are better of this month with our short trades that we took. Our shorts helped us make more bitcoin as the people that just HODL.

Resistance: 8200-8300

Support area :7860 and 7430.

Short term traders can have a look at price action at $8050. This level will confirm a retracement or start the new upward movement.

Philippians 4:19 but my God shall supply all your need according to his riches in glory by Christ Jesus

  • This reply was modified 1 year, 2 months ago by AndreSnyman AndreSnyman.