BTC - Update - Support line currently tested

in #bitcoin5 years ago (edited)

Hello all,

As I explained you in my publication earlier today, we have to break one of the 2 lines on my chart to have a new trend for the Bitcoin. Please be aware that we are currently testing the support line :

BTCUSD.jpg

What will happen now?

  • We can consolidate a little and try again to break the support line with more volume
    OR
  • We will use this support line to go up and try to break the resistance line (upper blue line).

Please be aware that if we break the support line, we have a high risk to make a new low, it means below 3000$...

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 - Mise à jour - Ligne de support actuellement testée

CryptoPassion-Bannière.jpg

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"Never invest more than what you can afford to loose"
so already I lost upto my afford, then what ? no invest

Then it is your personnal decision but it becomes very dangerous for you to continue my friend. This sentence is not there to say what people need to do but to warn them that the trading is risky...

It's a never-ending rollercoaster ride in the land of crypto! I'll be watching closely to see if this support holds and if there are signs of an incoming rally. Thanks @cryptopassion!

bitcoin is very profitable and very famous

Even China can't stop bitcoin from growing

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