BulutYildirim

BITCOIN MOVING BETWEEN LOG SCALE RESISTANCE - SUPPORTS LINES

BITFINEX:BTCUSD   Bitcoin
I believe that BITCOIN has still some strength to go up.

For couple of months, BITCOIN has been moving between LOG SCALE Resistance and LOG SCALE Supports shown by red lines. Buyers are not really tired at the moment and I believe BITCOIN will move upto 6430-6450 levels and then start going down once it touches the LOG SCALE Resistance shown by red line.

Trade active:
we are getting close to my resistance target. soon there will be a big resistance I think

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.