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Channel Resistance
Bitcoin
Channel Resistance
By pnaik732
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Dec 4, 2023
1
Dec 4, 2023
If BTCUSD is in an upchannel, then it is going to hit resistance right here
Then there's a monthly resistance line coming in at 41250 just above... if somehow this gets cut through there's a lot of room to run
But until then, what a nice run. Lightening up a bit on profitable positions is generally prudent around resistance... just in case...
not financial advice
Support and Resistance
Trend Analysis
Trend Lines
pnaik732
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