BTC - Back on the support line
Hello all,
Here is the chart of yesterday :
Here is the current chart :
The BTC is back on the support line and is testing it. I will be honnest with you, it is a risky momentum... Why? Because this kind of move can be a pull back before an important drop or we will break this line and go back inside the trading canal. The pull back scenario is usual when we break a major line and when we cannot break the line, it is just a confirmation of the previous move. So if we are not able to break very soon that line, be prepared for an acceleration of the drop.
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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rsi shows growth, the first resistance is around 6390 where we will see where the price will go .
if we pass it and fix the following goal 6440 ( 1-2 days ). if not test support 6310. these are short term ideas
what's your price prediction for btc by the way?
thanks
what on earth is a trading canal? i assume you mean channel?
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