BTC - We are testing the big resistance around 8950$
Hello all,
Here was the chart of yesterday :
Here is the current chart :
Since yesterday, we are heavily testing the resistance line at 8950$. This resistance is holding till now any UP and we should see a final direction in the coming hours. We could have a drop back to the support line at 8380$ and use that support to try to attack again that resistance line. It is possible also that we are able after all these attempts to finally break also that line. Let's be carefull in the coming hours because we have here an important point here for the future trend. It is not the time to buy or sell but it is a waiting time to make less risky trades after.
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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The whole today Bitcoin has been bouncing back and forth, once that resistance is broken the marketcap will finally to cross $400B too.
There's a nice ascending triangle on the 1hr chart, we are approaching the apex. Let's see if the breakout goes up or down.
Usually breakouts from the last third of the triangle aren't very powerfull, I think
que interesante tu punto de vista lo tomare enn cuenta para evaluar para el mercado
If we do break above this resistance we could see another bounce higher due to shorts being squeezed and liquidated.
You are right, no matter what the market is, do whatever you want to do, listen to your post. I like it very much, you know very well, I'll follow you,sir@cryptopassion
I agree with you @cryptopassion, i don't see BTC breaking the resistance line and might fall back to the support level around @8300. I've a few charts and almost all seem to demonstrate this well.
Thank you very much for this information - crossing fingers that the resistance line will be broken. Will wait...
I saw it today when my vote give 0,02 $ one week ago it was 0,01 $ ;D
I've got no doubt whatsoever.....wouldn't have need for unnecessary researches.... Thanks for keeping us informed