BTC - Stucked between 1 support line and 1 resistance line

in #bitcoin7 years ago (edited)

Hello all,

During all that day, we have been stucked during 1 resistance line became support line (bleue bottom line) and 1 other resistance line (blue upper line) :

BTCUSD.jpg

The more we will stay between these 2 lines and the more we have probabilities to have a new drop. The upper resistance needs to be broken asap to allow the BTC to continue its increase. Please keep an eye on that line and adapt your trading accordely to the movement that we will observe soon.

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 - coincé entre 1 support et 1 résistance

CryptoPassion-Bannière.jpg

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Thank you. Interesting Analytics.

I almost feel like BTC won't breakthrough until after Sept. 30th since that's the date attached to the Chinese exchange closes.

I think we should have an important move before the 30th. But let see what happens hehe No one is sure of what the BTC will give us ;)

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