Bitcoin: Approaching Trendline Resistance

in bitcoin •  7 years ago  (edited)

Bitcoin has been very strong this week with a powerful move above $10,000.

But, BTCUSD approaches resistance in the form of the large trend line created from the highs in December 2017 and January 2018.

This trendline comes in near $12,000 and near the 89 SMA.

tl res.PNG

DISCLAIMER

This post is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action.

DONATE

Bitcoin: 19498NLGwLbzN7yKrNbYqc4wuwZPkTGMVD
Ethereum: 0x76F2D78c81C6C97473DaF2aa3219F78Ce8C5A92f
Litecoin: LNhKXYTC5t2ZxcKYfo3pMzk8QsjZXsEbgT

CONTACT

twitter: sjanderson144
instagram: sjanderson144

bitcoin trading crypto cryptocurrency btcusd
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    3 votes
    2
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    I like your work dear
    You and analyst @salahuddin2004 are two top analysts of cryptoworld.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      1 vote
      [-]
        ·  7 years ago 

      Thanks @umerfarooqorak for the very kind words! I'll check out the person you reference

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00