Bitcoin Forum

Economy => Speculation => Topic started by: somac. on October 28, 2015, 07:52:19 AM



Title: Ascending Channel
Post by: somac. on October 28, 2015, 07:52:19 AM
So I was having a bit of a look at the charts today and it looks as though we are in an ascending channel. The resistance line looks as though it will be hit at about 340, and technically this is where traders will sell at. I won't be selling, but am wondering if anyone here will consider selling at this level? Or do you think this channel is relevant at all?

http://imgur.com/SJgIOCl


Title: Re: Ascending Channel
Post by: somac. on October 28, 2015, 08:00:58 AM
btw, if a breakout occurs next resistance could be $450.


Title: Re: Ascending Channel
Post by: OmegaStarScream on October 28, 2015, 08:06:27 AM
I'm not willing to sell personally , my price is 10k $ per BTC , it may take few years more yes but I have no problem on waiting since I'm just a teenager who don't really need money . HODL HODL !


Title: Re: Ascending Channel
Post by: spazzdla on October 28, 2015, 01:00:30 PM
I'm not willing to sell personally , my price is 10k $ per BTC , it may take few years more yes but I have no problem on waiting since I'm just a teenager who don't really need money . HODL HODL !

Smart man, IMO never sell all of it.

http://cointelegraph.com/storage/uploads/view/305cf3a7b7b8782a41cf1be8804dad02.jpg