BTC - Second test of the resistance line - failed
Hello all,
Here was the chart of yesterday :
Here is the current chart :
Today, we tested again the resistance line at 6500$ but we failed again. Yesterday, I was saying you that we could have a sudden drop after a failed. We had it just some minutes after my article but as you can see, the market already decided to do a new test and this is what we had today (second green circle). Let's see if we wil test again that purple line. The more we test it, the more this line is becoming weak.
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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Very interesting
Today, I think , we are seeing a PnD (pump and dump). A whale forced up the price and is waiting for everyone to have moved and then will dump it in about 4 to 12 hours from now.
I'm projecting a $5k floor by the end of the month. Every time there's a PnD, the bottom gets a little lower. Once August is over, the Euros come back and the buying begins anew.