Bitcoin (BTC/USD) Approaches Resistance 🏁 Reversal Chart Pattern 〽️

Dear Traders,

the Bitcoin (BTC) uptrend versus the US Dollar (USD) seems to be an endless continuation of higher highs and higher lows.

But classical technical analysis can still warn us traders of retracements within the trend, continuation chart patterns and even reversal chart patterns.

In today’s market we can see that BTC/USD is approaching a potential resistance zone which could cause a reversal chart pattern.

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Source:: Bitcoin (BTC/USD) Approaches Resistance 🏁 Reversal Chart Pattern 〽️

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Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

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