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Topic: Is anyone else seeing this strong resistance above 92? (Read 914 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
I think that last oscillation means that was it already.
legendary
Activity: 1148
Merit: 1018
Spike to 102, not much resistance left at this level.
So much for theory.  We should already know that Bitcoin has fundamentals on steroids.
FWIW, next resistance at 115, then blue skies to 170

We'll see resitance at $130 and $160, very common b/e points
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
Spike to 102, not much resistance left at this level.
So much for theory.  We should already know that Bitcoin has fundamentals on steroids.
FWIW, next resistance at 115, then blue skies to 170
sr. member
Activity: 602
Merit: 254
🔰FERRUM NETWORK🔰
On the four-hourly chart the level between 90 and 105 is major resistance. It would be extremely bullish if Bitcoin was to burst through that from the low of 50 in a single move. Volume is very light over the last 8 hours. IMHO a retrace to about 75 is expected first.


Ah, what was previously resistance at the 38% retracement. Yep. I'd buy (sell?) that.
legendary
Activity: 1078
Merit: 1006
100 satoshis -> ISO code
On the four-hourly chart the level between 90 and 105 is major resistance. It would be extremely bullish if Bitcoin was to burst through that from the low of 50 in a single move. Volume is very light over the last 8 hours. IMHO a retrace to about 75 is expected first.
sr. member
Activity: 602
Merit: 254
🔰FERRUM NETWORK🔰


Has it run out of steam?
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