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Topic: [2016-09-19] Bitcoin Price Technical Analysis – Aiming for Next Support? (Read 228 times)

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Bitcoin Price Technical Analysis for 09/20/2016 – Aiming for Next Support?

The 100 SMA is crossing below the longer-term 200 SMA on its 15-minute time frame, suggesting that the path of least resistance is to the downside. If so, BTCUSD could attempt to break below the nearby floor at $605 for a test of the next support around $580. Stochastic is turning down from the overbought zone to show that...

http://www.newsbtc.com/2016/09/20/bitcoin-price-technical-analysis-09202016-aiming-next-support/
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