BTC - Short Term triangle pattern - Break Out soon

in #bitcoin8 years ago

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

So since yesterday, the Bitcoin is consolidating and has not been able to go test my resistance line.

We have a triangle pattern which is currently created and so a Break Out is imminent. I think more about a DOWN Break Out but no one can be 100% sure about the direction of this kind of move. So you already understood it, it is not the time to trade the Bitcoin, it is safer to wait to see the direction that it will take and follow the trend.

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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i guess we goin down

Edddy boyyy

It's time consolidation indeed, and i see a bull flag, which is a bullish signal. I'm curious which way it goes, hopefully up :)

It's been going upward again. Glory to those who patiently wait :)

youve been on a roll with these posts, so many accurate predictions

Yes, in my opinion also the Bitcoin is showing mystery face and the next thing is, in my opinion Etherium also used most of it's Blockchain space and the transactions are reflecting slow and with waiting phase. Hope that Bitcoin will reach once again to the moon, so that it can push Altcoins towards great push and uptrend. Thanks for sharing these charts with us and wishing you an great day. Stay blessed. 🙂

This is thing. Most major alt coins have been on a bull run. This trend should only intensify as the upgrades get rolled out and adoption soars.

So buying at May 1st might be interesting

it is nice to always give out you daily view and really you have been so great here boss..

Wow its Amazing "Bitcoin is a King"!

dear @cryptopassion
Thank you very much at the beginning of Sir@cryptopassion, so to post a nice bitcoin. In fact, we have always seen many types of post with bitcoin but we do not get the right news,
It's not always the case, but it's great to see your post giving you the right news that many good thanks for everyone, thank you for sharing such a beautiful post. Present this kind of beautiful post to us in the future. Have a nice day

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