BTC - Resistance line from Triangle

in #bitcoin6 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

So yeah the triangle was not relevant but the upper line of the triangle is playing as resistance line. We can see that we tested it many times today and that we are not able to go upper. Let's see if the market will be able to break that line at one moment or if the correction will continue. I'm afraid that we have an acceleration in the drop but let's see.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, 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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Based on Fib analysis of other year corrections, usually between 83 to 93 percent drops.

2k would be a 90% correction from all time high
please follow me for more crypto signals.
what do you think about it?

I see a modest decline down till the $3500 mark great post anyway @cryptopassion. I stopped posting about stocks because nobody was interested.. Maybe with this post from you I'll be motivated to post again :)

Time to buy now.

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