BTC - Very nice Break Out - Resistance line around 7380$ destroyed
Hello all,
Here was the chart of yesterday :
Here is the current chart :
As predicted yesterday, we tested the violet line and even broket it in one candle. It is nice to see such Break Out after the long weeks of drop. We are now consolidating but I don't trhink the UP is finished.
The next resistance to break is around 8000$. We could test it very quickly if we keep the current volume so keep an eye on that level to know in which direction we will go (pull back or new break).
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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Let’s hope this uptrend continues!
This is awesome confirmations for the miners and the long term hodlers. Keep a strong hand my friends.
That massive candle looks fishy to me. Anyway, I hope it touches my buy order way below. If not, tough luck ...
Yeah that volume spike, was a block trade done by some institutional money, I seriously doubt we are going to see a $6000 BTC again. There are tons of institutional money waiting to jump into the game.
I can only hope you are wrong because my buy order is below that. :-)
Once it is filled, I will happily root for it to go to the moon :-)
hope you had reset your buy order.
No, I haven't. What would I do with my regrets if I reset it and afterwards it comes crashing down (even if briefly). There's still time to test the $6000 resistance again
I think you missed that trade bro, I am setting up a buy at around 8200
I'm afraid I did, too. The thing with markets though is that they are unpredictable. Tomorrow Trump tweets some dumb thing about how bitcoin is bad and should be banished and the whole market takes a (brief) plunge ...
That's true, I hope he does tweet something like that. It would be good if he waits until Friday, that's when I get paid so I can pickup a very nice position with my dollar cost averaging strategy.
It's a great day isn't it? Bitcoin is starting to rise again. Let's hope this continues.
This is very intresting
The movement has relieved some tight pressure on the followers.
At least the mooning has given a ray of hope that investing in Cryptocurrencies aint that bad.
Lets enjoy it as it lasts.
Quite revealing. Let's see what happens next.
@eurogee
I share your analysis and according to the conclusion, although always cautious with the fluctuating and surprising movement of the cryptomoneda. thanks for your post
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