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Author Topic: [2016-01-25]Bitcoin Price Technical Analysis – Symmetrical Triangle Alert!  (Read 173 times)
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January 25, 2016, 07:19:45 PM

Bitcoin Price Technical Analysis for 25/01/2016 – Symmetrical Triangle Alert!

The 100 SMA held as a dynamic support area, as it lined up with the bottom of the triangle near the $360 level. This might be enough to keep losses in check for the near term, putting bitcoin price on track towards the top of the formation around the $440-450 levels.

However, stochastic seems to be pointing down, indicating that sellers...

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