BTC - Consolidation in progress after test of resistance line
Hello all,
Here is the chart of yesterday :
Here is the current chart :
The consolidation is in progress as it was expected. Yesterday the MMA13 helped us to go test again the resistance line at 4000$ but we failed to break it. So the immediate reaction has been the current little drop that we are having. Till now the MMA20 is holding us so there is currently no drama with this correction. Let's see if we will continue more deeper to drop or if we will try to break again that resistance line very soon.
I wish you massive profits,
Cryptopassion.io
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Tell me what is the relation with your post and my trading analysis? Are you trying to spam and looking for downvote?
You're right; I apologize for my stupidity.
Indeed, a correction was expected after the beautiful spike we had. We've bounced off the 100 day MA, which is a good sign. Also the Ichimoku Cloud is shrinking these days. Hopefully this is the beginning of a new movement.
Wish you the best!
I whish you the best also, BTC is taking some UP today, let's see if this will continue
Let's hope we break the resistance line soon.
Wish you massive profit too @cryptopassion.
Thank I wish you the best