BTC - Still testing the resistance line at 6450$

in #bitcoin6 years ago

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Since yesterday, we are using the support line that I traced you in orange to go test the resistance line at 6450$. Till now I'm not yet convinced about the UP that we had yesterday. I would like see a W pattern in progress and see that we are able to break the resistance line in red around 6800$. Before that, we are still in a bear trend and I advise all of you to stay carefull, even with this little up.

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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We are still in the bear trend but given the volume of the last move up it is going to be really hard to break $5800 again. I will be surprised if BTC goes below $5800.

You need a display port on your card to support the third monitor. AMDs site may say the GPU supports it, but if the card manufacturer doesn't include the proper ports you are SOL.
Any chance your PC has 2 PCIe ports so you can just run both cards at once to get three monitors?

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@cryptopassion Tradebits is really a wonderful platform.

very doubtful myself and would also go for the bear version.

I have taken another short and it seems to be paying of again
Still aiming for 5200 before going back up

Thanks, I think RSI on the weekly chart will reach 30 before a trend reversal (more details here).

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