BTC - Resistance line at 7625$ broken - Testing already in progress
Hello all,
Here was the chart of yesterday :
Here is the current chart :
We had some little moves during that day and we finally broke the resistance line 7625$. However, that Break Out doesn't look very powerfull. We are currently having a little correction which already tested our line which is now a support line. This first test failed to break it but we need to take some distances from that line to be in better position for a new UP trend. If we break that line, all the efforts of the last days will be wasted and we have a risk to start a new drop in direction of our support line around 7000$.
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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Sitting at 7719 as I write this. You are right, the breakout doesn't look that powerful. I am thinking the eventual increase will take a while to get back above $8000.
thanks for the information a pray for an increase in the trade market
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I'd like to see 10k again by the end of the summer. 5 digits.
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