Nice explanation.
I think i begin to understand it a little bit how it works with resistance and so.
That's all new for me, but i am going to follow it a little bit from now ons.
Topic: [2016-02-21]Bitcoin Price Weekly Analysis: Signaling Bullish Continuation (Read 246 times)
February 21, 2016, 10:13:03 AM
February 21, 2016, 09:15:54 AM
Bitcoin Price Weekly Analysis: Signaling Bullish Continuation
Bitcoin price enjoyed a decent upside move this past week, as buyers were successful in taking it above the $400 resistance area. The stated level acted as a hurdle for them on many occasions, and a weekly close above it means a lot of optimism. The price traded a few points above the $430 level, and it looks like the price may trade down or correct in order to gain bids in the near term...
continue to read
Bitcoin price enjoyed a decent upside move this past week, as buyers were successful in taking it above the $400 resistance area. The stated level acted as a hurdle for them on many occasions, and a weekly close above it means a lot of optimism. The price traded a few points above the $430 level, and it looks like the price may trade down or correct in order to gain bids in the near term...
continue to read
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