BTC - Break confirmed

in #bitcoin8 years ago

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Yesterday, we broke the support line in red but we were trying to come back upper of that line during the next hours. This test failed and so the immediate drop came back as you can see on my second chart. We can now consider that the support line is broken and so the next big resistance is around 6800$. This willbe my next objective on the BTC untill we make a higher highon that timeframe chart.

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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At least we have another major swing lower high around the 200 day. Just more waste of time garbage throughout 2018 that I expected...

So do you think Bitcoin is likely to drop farther or do you think it is going to hover? I think the market is going to hover for a while. I think mass adaptation is looking for more technology success. I think everyone wants to see how the lightning network does.

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