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Bitcoin respecting the trend line.

Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Moving Averages Support and Resistance Multiple Time Frame Analysis Cryptocurrency bitcoinforecast bitcoinprice cryptotrading cryptocurrencies bitcoinusd bitcoincash crypto Ethereum (Cryptocurrency)
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movingaverage supportandresistance mtfa cryptocurrency bitcoinforecast bitcoinprice cryptotrading cryptocurrencies bitcoinusd bitcoincash crypto ethereum
Bitcoin has been respecting a trend line and is taking support from it.

The coin is trading around its 20 ema on 15 mint time frame.

Support will be the trend line. Let the price trade below the trend line or breaks above the level of 38810.

On daily time frame, it’s forming an inside candle.

Support :- 38100, 37700
Resistance:- 38810, 39270

Wait for price action near the levels for entry.

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