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Support Holds and now Intraday Resistance being tested
Bitcoin
Long
Support Holds and now Intraday Resistance being tested
By TaherJalili
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Aug 27, 2020
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Aug 27, 2020
In yesterday's trade ideas we looked at this market and the support level price was moving into on the 4 hour chart.
Price has now held at this area and made a small push back higher.
If price can now break the intraday resistance around 11545.47 we could see another leg higher to continue the longer term trend.
Chart Patterns
intraday_resistance
leg_higher
pushback
support_level
Trend Analysis
TaherJalili
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