BTC - We are going to test the support line

in #bitcoin6 years ago (edited)

Hello all,

The BTC is currently correcting and we will go test soon the support line of the triangle :

BTCUSD.jpg

It wil be a new opportunity to have a break out. As you can see, we are each hour more close to the end of the triangle and a break out will happen very soon now.

So yeah, as always we have 2 scenarios :

  • We will touch the support line in blue and use it to go back test the resistance line in orange.
  • We will break that support line in blue and start a nice break out DOWN.

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 allons à nouveau tester la ligne de support

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Hi Friends
Good Post Have A Nice Day And Enjoy
@waqarhasan
Follow Me & Upvote My Post Friends

Guys, a deep correction is coming. It is needed in order to grow higher

Thank you for providing information about Bitcoin. I will keep it so that it is not wrong to infest it

This post was very informative thank you for sharing
you have my upvote plus a resteem
@mannyfig1956

Awesome. Very informative

I'm still in two minds about which way this'll go. BTC remains bullish above 5,650, as well as this alternative triangle to consider. Getting in under 5,740 (now) with a stop loss of 5,600 isn't too bad an idea. 2% loss vs 10% gain scenario with a 50-50 likelihood or either happening imo.

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