NodeInvestor

Bitcoin Right At Resistance - Levels to Watch...

COINBASE:BTCUSD   Bitcoin
Prices are consolidating just below resistance levels on the daily chart after bouncing for the last few days. It would not surprise me to see some profit-taking from this level so we could see a pull back here. However, the 1hr chart is still holding up and prices are forming a symmetrical pattern. It could break out either way so I'm going to tighten up the stops and protect the gains as we head into the weekend. A close above $6420 on the daily chart would be very positive. We continue to see good action in the altcoins and the big cap names are moving today. EOS, BCH & IOTA to name a few. Have a great weekend everyone! - Node
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