BTC - Down Trend line should best tested soon - Update
Hello all,
Yesterday, I was showing you this chart :
Here is the current chart :
As you can see, the scenario that I drawed you yesterday in green has been done.
We are now testing the downtrend line on the BTC and if we want that the BTC starts again a new nice UP, we need to break it with volume ! Let's see what will happen in the coming hours but if we are not able to break it correctly, the DROP could come back very quickly and very powerfully.
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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It need to go further down before up again
Since wall-street is in, I have a bad feeling...
Great!It will help us to win!We should now keep the cryptocurrency Hold.
Steam is moving us upwards.Thanks for the articles.@cryptopassion
Tub Cat does not enjoy a declining BTC price but respects your daily analysis. Thank you for providing this in depth analysis and thank you for continuing to provide good quality content for Steemit. As a result, Tub Cat has pushed the green squishy upwards pointing arrow thingy in support of your post.
Tub Cat's mission is to encourage good quality content and discourage those who post poor quality content.
Keep up the great work!
look like it starting to play on the positive side of things, currently at $11000 and its been green all day , lets hope the climb continues
Hm, the big guys will do anything they want, drawing lines won't tell you what they want to do ;) anyway tip! hide
We may well break that downtrend line, but the real challenge is breaking the upper line of the big wedge - and I suspect that will not happen before mid February, as insecurity is in the air and volume is lacking.
If you look at volume, it's lurking in the background to jump in and then flee again at the first hint of a downward trend...
People are nervous, that's what causes a bear market.
Trends aren't looking bad at all, but spirit is feeble, just look at the Moving Average... nobody wants to be first.
Great guide for those who want to invest in cryto trading.
I do not usually see the btc. I do not completely understand
Thanks to you discuss here this important matter, Good job dear. Well done . Is there any connection to decrease btc and sbd ?