BTC - We are testing the resistance line - UP Break Out ?

in #bitcoin7 years ago (edited)

Hello all,

We are currently testing the resistance line of the trading range :

BTCUSD.jpg

It is a good sign. If we are able to break it soon, we should have as next objective the previous high on the BTC. It is possible also that this resistance line sends us to the lower to the support line. This is why we call that a trading range, because the moves are included inside these 2 lines.

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.

Version française ici : [FR] BTC - Nous sommes de retour dans notre canal de trading

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

Interested to trade your cryptos like a Pro ?
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !

Sort:  

Thank you for good information

I also think, that this is the end of falling down. After panic Christmas selling Bitcoin. Now Bitcoin will be rising until New Year. After New Year We will se what will happen.

Fingers crossed!

hodl my friend

Yes because bitcoin is bitcoin.

very informative post thanks for sharing and hope everything goes smooth

Bitcoin true believers can confidently ride this volatility out. Global currency demand continues to grow unabated.

Qurator
Your Quality Content Curator
This post has been upvoted and given the stamp of authenticity by @qurator. To join the quality content creators and receive daily upvotes click here for more info.

Qurator's exclusive support bot is now live. For more info click HERE or send some SBD and your link to @qustodian to get even more support.

The Sky's the limit? We will see.

I never understoodbwhat these red lines meant?

I don't understand the question.

This is wave 1 of EW pattern and should see 26k first quarter.

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 61423.30
ETH 3383.10
USDT 1.00
SBD 2.54