BTC - Triangle Break Up - Testing resistance line at 9650$

in bitcoin •  23 days ago

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

So as explained yesterday, we were having a triangle in formation and the Break Out happened. It was nice UP Break Out and we went directly to the resistance line at 9650$.

We are now testing it and trying to break that line. If we succeed, we will have to break also the other resistance line just after at 9850$ to confirm this move. Let's see what will happen during the coming hours but if we are able to break these 2 lines, we are really entering in a nice UP trend !

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.

BARRE STEEMIT.jpg

You would like exchange your cryptos with the lowest fee possible ?
With my daily exchanges of cryptos, I can recommend you the platform Binance

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

BARRE STEEMIT.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  Trending

btc my be the future money

$10K is very near....

It's time for an uptrend, I think BTC gonna rich it's new ATH this year.

jhu7.jpg

I hope 10k soon...

Dear SIR @cryptopassion ,First of all, thank you very much for posting so beautiful, we generally have very little idea about Bitcoin, many of us do not know Bitcoin without working with Bitcoin,
SIR was very good for your posting, because you provided the right information through which many will benefit, thank you so much for posting so beautiful and will help others by providing such information in future.
After knowing some things then bitcoin should start working,
For example: ...... Bitcoin is the sign currency traded through the Open Source Cryptographic Protocol. There are no financial institutions, regulatory bodies, or fixed houses for Bitcoin transactions. All processes of Bitcoin are completed online through an open source software or through a web site. In 2008, Satoshi Nakamoto introduced this currency system.
So if you share some things with you please do not (-upvote) please, because by this I will get a lot of my rank rank #upvote please.

Good insights. I believe that the resistance will not hold much longer; pressure is gathering and the bulls are coming back to the market.
I wrote a similar post earlier today, check it out if you want:
https://steemit.com/bitcoin/@aezakmi/update-on-bitcoin-the-uptrend-continues
Thanks!

Don't you think were getting into a possible double top situation
Because a couple of indicators are actually pointing towards a Bearish Divergence.

Not good...:(...