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BTC/USD: Resistance at $71,762 Remains Pivotal
My previous BTC/USD signal on 9th February was not triggered. The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. In my last BTC/USD forecast exactly one week ago, I thought that the resistance level at $71,762 firmly containing the price was likely to be pivotal and decisive. This was a good call as the resistance level has held since then, in fact, the level has not even been ... (full story)
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