BTC - The 2 major support lines have been broken

in #bitcoin7 years ago (edited)

Hello all,

We broke the 2 major support lines on the BTC :

BTCUSD.jpg

We have now 2 main scenarios :

  • We are able to go back in the trading canal range and we will use the second support line as a support to help us
  • We are not able to break again that second line which is now a resistance line and we will continue the drop very soon.

The 11.000$ levels have been broken shortly during the day. If we are not able to go back in the trading canal range, we shoulg go test again these levels.

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 - Les deux lignes de support ont été cassées

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Thanks for this. :D

it is going up now

Just waiting patiently for the trend to change and to buy some cryptocoins :)

Not lost. just freezed. It will gain back again. It is just that one has to wait.

Your support lines are based in a trend way back.. dont think you can really see those support lines you drew are really that effective to be honest.

it's definitely on the upswing now.
Gone back up close to 15, 16,000.
One could get a headache watching this all day.

very informative your publication thank you very much

Well, good evening Mr !!
I was on the graph also will have to wait for the candle from 1am in H4 we are not back in phase 4, but I will look for a fall again, will we touch the psychological threshold of $ 10,000 ?? to have !! good job !!

lovely your good post.thx for sharing

Great bro .... I really appreciate it.. Thanks

someone is predicting it will fall way back to $1000. do you think that is a possibility?

The one thing that I'm definitely certain of is.... It's a possibility

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