BTC - Nice bounce from the lows

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Yesterday I was saying you that we have to see what will happen on the lows on the BTC. We have now the answer, it triggered a nice bounce and I enjoyed it also ;-) We are now on the resistance line at 8200$ and we have to see if we will break it. We are little higher than this line now so we could say that it is broken but for me it is not yet the case. Each time we break a support or resistance line, it must be confirmed by a nice Break Out because these levels are waited by many traders and automatic trades. So currently, the 8200$ resistance line is not yet broken as we are just on it.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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