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RE: Jan 22 2018 (2:00 UTC): What is the price resistance against BitCoin (BTCUSD) that must be broken to change its trend?

in #bitcoin7 years ago

Snapshot of 30min BTCUSD(Coinbase) Chart encompassing Fractals:

Jan29_2018_BTCUSD_30min_Chart_encompassing_fractals.png

If the price moves up with good momentum from here, then BTC has chance to hold its support for next few days, otherwise it will slide down.

Therefore, I think BTC is not a buy, may be a hold or a sell as of today(Time: 2:45 UTC)!…Please let me know what you think!

More Details will follow as time permits. Please let me know if I am missing anything…..

Legal Disclaimer: I am not bribed to write here and I am not seeking insider favors. I wrote here so I get replies from fellow viewers to educate myself and for my daily expenses. Hence, if anyone uses this post for making their decisions, I am not responsible for any failures incurred.

Safe Trading!
Kal Gandikota
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