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pnaik732

Support near the trend line

Bitcoin (BITSTAMP:BTCUSD)  
pnaik732  
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
BTCUSD is finding some support near the uptrending line that connects the most recent higher lows.

Note that Nasdaq 100 is retesting the long-term resistance line it just broke as well in the overnight session.

Short-term could go long here, but if Nasdaq 100 goes much lower might be time to stop out

not financial advice

Idee correlate

pnaik732
A channel forming on the 4h
pnaik732
Daily channel break
pnaik732
a lot of touches
pnaik732
peeking above the go line
pnaik732
BTCUSD testing the the long trendline
pnaik732
rejection off of the most important trendline
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