BTC - Still blocked by the resistance line

in #bitcoin7 years ago (edited)

Hello all,

A little update after my publication this morning.
Here is the current chart :

BTCUSD2.jpg
BTCUSD.jpg

We can see clearly that we have difficulties to break that resistance line. I start to expect that we could have a drop soon due to that blocking resistance line. We have much and much difficulties to continue to test that line and the sellers should come soon.

The market is often doing that : going back to have more space to start a new move in order to break a support or resistance line.

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.

Version française ici : [FR] BTC - Toujours bloqué par la ligne de résistance

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That's it. We're closing in on the apex of that huge ascending wedge that I've been timing for 20-22 November. Will be interesting to see what happens.

The value went down too fast and that made it bounce up. Adding the CME anouncement and the speculation with Bitcoin Cash hard fork helped to move up but downtrend will resume.

it is the risk indeed. Let see if we can break these resistance lines...

Thanks fo share @cryptopassion. I think just like you.
"This" resistance line like as prophecy. Specially its working in zoom (1 hours)

You welcome my friend

Damn resistance line. We will brake through it very soon. The 11/30 episode of The Big Bang Theory is about Bitcoin. That will do wonders for us.

Thanks for sharing this informative post @cryptopassion

Thank you for your valuable suggestion.this will really help me. :)

Nice posts.........I am to you follow me my follow please

Nice posts.........I am to you follow me my follow please

thank you for the post.... very interesting

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