Technical Analysis Bitcoin (BTC) 01/05/2018

in #bitcoin • 7 years ago (edited)

Last week BTC took support at its 50 EMA and has been showing signs of strength. Today it crossed its short term resistance of 16500 and went to 17168 in coinbase. We might see the 16500 level acting as a support (resistance turned into support). If that happens, we might soon see BTC trying to take 17950, which is the next resistance going up.

Disclaimer :

This post is my personal opinion and is provided for informational purposes only. Don't consider buying or selling any crypto currency without conducting your own due diligence.

#cryptocurrency #trading #btc #vincentb
7 years ago in #bitcoin by
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