BTC - We just broke our triangle
Hello all,
Here is the chart that I was showing your yesterday :
Here is the current chart :
We just start a Break Out of the triangle, but the question is :
- Is it the start of the real Break Out Down ?
- Is it a Head Fake before starting the real Break Out UP
Check the coming hours, if we are able to go back inside the triangle and test the upper line of it, we could have a nice Break Out UP.
If the drop continues, we will go test soon the downtrend line in green.
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.
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !
The Bitcoin is falling down again - good time for investment? What do you think?
Don't be too eager to get in. Wait....
Last couple of months have been bullish all over the globe whether is crypto, forex or commodity market. A sharp correction is expected in the near future. Bitcoin may see a drop but it still looks to be a great long term investment.
Finally
No more triangles
😂
Just about everyone I've been watching have been saying that it will go down to around $8000 before a true recovery.
We shall see!
Thank you so much
The price is "playing around 10500 usd", lots of support there.
But if this will be broken.... we can see BTC touching 9k again probably.
Thank you.
I am waiting to see it hit $8,000 and then it’s showtime for me. Thanks for this!
Very good analysis
Larger time frames. 8K is the level