BTC - Short term bullish trend broken

in #bitcoin5 years ago (edited)

Hello all,

So yesterday, we broke the short term Bullish trend to continue the correction that we started days ago. I immediately opened short positions yesterday when we break the trend and it has been very profitable the last hours.

BTCUSD2.jpg

So currently, we are doing a little reversal (2->3 in red) regarding the decrease we had this night but I'm quiet sure the decrease will start again soon so be prepared...

If you don't like to use short positions to make profit when we are decreasing, be at least sure that you secured a part of your profits by converting your BTC in USDT by example.

Take care all,
Cryptopassion.io

PS : Never invest more than what you can afford to loose. This post is my personal opinion, do your own research before making any investment decisions.

Version française ici : [FR] BTC - Tendance haussière court terme cassée

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This post is upvoted by Polsza for 94 %.
If you want help us growing upvote this comment.
Thanks !

So you think BTC will continue to drop much? Or just a little bit more, rise again and drop etc? Be interesting to see how it plays out.

I think we will continue the drop except if we are able to stay again some hours upper than 4000$.
4000$ was a major support and if we cannot reach it again very soon, yeah the drop will continue.

Thanks, I will continue to watch and see how it goes. Will be a bit before I buy anymore coins.

wow super once, your analysis is amazing, move according to your analysis I've tried repeatedly for analysis but I still often fail, congratulations on the profit you receive, hopefully more consistent

Thank you, I wish you lot of profits also!

Hi! I will follow your posts because they are very informative. Thanks a lot! @cryptopassion

You welcome ;)

I'm waiting BTC at 3500.
Good analysis

I see a bottom around 3200 but 3500 would give me already very nice profits so I'm ok also for 3500$ hehe

@cryptopassion A great deal details thanks for sharing. Like it..

Thank you my friend

This post has received a 0.89 % upvote from @drotto thanks to: @banjo, @banjo.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by CryptoPassion from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

@cryptopassion Sharing to acquire this observed a lot more (and maybe open the eyes of a few)! Thank You for any effectively submit and documented write-up! Resteemed.

Always a pleasure

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