BTCUSD Can it hold the 200ma
Big picture is BTC is still trading range.
Volume is tapering and below average.
Major Resistance: $4200 (downward trendline)
Minor Resistance: $4150
Minor Support: $3950 (200 ma)
Major Support: $3760
Shorter term BTC is showing signs of weakness.
Upward trendline broken.
20ma broken
50ma broken
Stoch still not oversold
Big question can BTC hold the 200ma?
Comments and Questions welcomed. . .
Volume is tapering and below average.
Major Resistance: $4200 (downward trendline)
Minor Resistance: $4150
Minor Support: $3950 (200 ma)
Major Support: $3760
Shorter term BTC is showing signs of weakness.
Upward trendline broken.
20ma broken
50ma broken
Stoch still not oversold
Big question can BTC hold the 200ma?
Comments and Questions welcomed. . .
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