Author

Topic: [2016-01-25]Bitcoin Price Technical Analysis – Symmetrical Triangle Alert! (Read 224 times)

legendary
Activity: 1596
Merit: 1027
Bitcoin Price Technical Analysis for 25/01/2016 – Symmetrical Triangle Alert!

The 100 SMA held as a dynamic support area, as it lined up with the bottom of the triangle near the $360 level. This might be enough to keep losses in check for the near term, putting bitcoin price on track towards the top of the formation around the $440-450 levels.

However, stochastic seems to be pointing down, indicating that sellers...

continue to read:

http://www.newsbtc.com/2016/01/25/bitcoin-price-technical-analysis-for-25012016-symmetrical-triangle-alert/


Jump to: