Technical Analysis Bitcoin / Dollar - BTCUSD

in #bitcoin2 years ago

April 3, 2018

Support (6,000 - 6,800) + weekly trend has held them up against the price and pushed the price higher
If we take a look at the four-hour frame we see that the price breaks the medium strength resistance around the 7,100 level and it will be used as a temporary support for the price (once only) and the price has an estimated area moving in it to rise to the next resistance around the price level 7,900 which is expected to turn down the price
The resistance around the 7,900 price level is a moderate resistance