BTC - Break Out from the triangle explained yesterday
Hello all,
Here was the chart of yesterday :
Here is the current chart :
So as predicted we had a break out from the triangle that I traced you yesterday. It was a down Break Out and it dropped of around 200$ in some hours... not so bad for a short term trade. We are now currently trying to go back and touch the red line that we just broke. Let's see if this little up will be able also to test the resistance line at 6500$ in pink.
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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With short at all time high its gonna be difficult for BTC to go up in the followings days/weeks. Except if we have a short squeez like we had last April...
agreed, and I think it will be rejected
Thanx for sharing your hard work
I'm thinking a little bit more of a push in the next two days and we might have a technical target in the $7300 - $7400 range. Just my opinion, of course, but time will tell as always.
The SEC decision is effective on the upswing.