Mar 27 - Bitcoin resistance levels & buy/sell zones (long term)

Bitcoin (BITFINEX:BTCUSD)

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BITFINEX:BTCUSD Bitcoin

supportandresistance trendline wedgepattern bitcoin buy sell zones

We're in a wedge again... Hard to predict where we might be heading next. With the taxes soon out of the way, BTC might see some upward movement again in the coming months.

Watch for breakouts !

Commentaire:

We seemed to have broken the first support line. Will one of the other 2 hold? If not, we might be in for a rough ride down, towards 5k/4k5 levels.

Commentaire:

Looks like a bearish pennant is forming... Will we go further down? or will the 6k6-7k support hold?

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