One of the best ways to trade cryptocurrency such as Bitcoin, is by spotting support and resistance points. After all, if your coin continues to test a specific support line, and continues to bounce, it may be a good idea to buy at each test. Bitcoin has now tested its “line in the sand” for … Continue reading “Bitcoin Falls to its “Buy Zone” for the Seventh Time”
line in the sand
Technical Analysis: Bitcoin (BTC) at its Line in the Sand
Author Ian CooperPosted on Categories Bitcoin, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, UncategorizedLeave a comment on Technical Analysis: Bitcoin (BTC) at its Line in the SandOne of the best ways to trade cryptocurrency is by spotting support and resistance points. With Bitcoin (BTC), for example, the coin caught the same support line at $6,000 several times. Additionally, technical pivot points were used to confirm exact buy-in points. For example, in July 2018, Bitcoin fell to its lower Band around $5,920. … Continue reading “Technical Analysis: Bitcoin (BTC) at its Line in the Sand”
