Not exact matches
Litecoin hit a low of $ 100.20 on Feb. 2
around support of an uptrend
line, prior
resistance and just below the 78.6 % Fibonacci retracement of an intermediate - term upswing.
Technical outlook and chart setups: Silver is testing the
resistance - turned - support
line of a consolidation
around $ 14.25.
A bounce from current levels could easily see
resistance around the convergence of the two
lines at approximately 7,272 to 7,289.
I'll be more comfortable calling a longer - term trending move if Bitcoin can get through this
resistance around $ 9270 and make a push towards $ 11,300, the 38.2 % Fibonacci
line.
The next price target would be the
resistance level (red
line)
around $ 175.
As such, $ GLD will need to deal with overhead
resistance around the $ 127 - $ 128 area on its next rally attempt (the 20 - month downtrend
line also converges near this level).
Ethereum continues to consolidate between the uptrend
line and the
resistance zone
around the $ 450 level, but it looks like we are coming to an inflection point for the instrument.
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There is a clear
line of
resistance around the $ 2.80 level which should hold the price as it falls.
In down trending markets, sell
around the red
resistance line.
The next real test for Bitcoin will be the initial supporting trend
line,
resistance is currently tracking at
around $ 7,900.
Technically, BCH / USD has formed a bearish pennant pattern observed on the daily time frame, support of the lower trend
line currently tracking
around $ 625, where the upper
resistance is seen at $ 680.
Resistance is currently tracking at the upper trend
line, seen
around $ 220, with support now proving to hold at $ 200.
A declining sloping trend
line cuts right
around $ 440, and some more
resistance should kick in.
Whatever the reason for their
resistance, demonstrating the positive impact on the bottom
line will hopefully bring them
around.