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pnaik732

Channel Resistance

Bitcoin (BITSTAMP:BTCUSD)  
pnaik732  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
If BTCUSD is in an upchannel, then it is going to hit resistance right here

Then there's a monthly resistance line coming in at 41250 just above... if somehow this gets cut through there's a lot of room to run

But until then, what a nice run. Lightening up a bit on profitable positions is generally prudent around resistance... just in case...

not financial advice

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