BTC - We are consolidating on the support line

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Since the Break Out where we broke the resistance line around 3950$, we are consolidating exactly on this line. The market is now consolidating quietly on that line, waiting for the next Break Out. Will it be a UP Break Out or a Down Break Out, no one can be sure. What I can say you is the BTC is progressing or dropping since months now by using always the same pattern : consolidation during days or weeks -> Break Out. So let's see where the next Break Out will drive us.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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