[ Trading ] Bitcoin, will $6300 hold or will we break $6850?

in trading •  4 months ago

Monday I was so positive that we will see a bounce from resent lows and we did, but is it over? We are on the edge of breaking $6300 and if this breaks we are going down to $6200 and if this breaks we are going back to $5900.

If $6300 holds and we go up, we might break $6850 as it looks like we are forming a head and shoulders pattern.

Bitcoin is still in Bear market so odds are on the side of the Bears.

Here is Dan from the Chart Guys to explain it better:

Do you think we will break $6300 or $6850?

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Colin Brazendale

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More information about me:

I love Steemit and I have been blogging here since June 2017. I am always looking for ways to increase my Steem and SDB holding. Lately I have started trading bitcoin and altcoin using an auto trading robot. So far it is going well, and I am in profit. 😊

Most of my time is spend on internet marketing for my clients on Google Adwords, but I also love network marketing on the internet.

I have been cloud mining for the last 2 years, but stopped promoting it due to the low returns from Jan 2018.

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$6290 - 6300 is holding so far this morning, but for how long?

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Only time will tell. 6300 can only hold so many hits.

Good info mate as always

thank you

@ch00fy - foodie and crypto lover

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Thank you for your support @ch00fy

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Yeah I Agree. Great Information!

You got a 2.84% upvote from @postpromoter courtesy of @colinbrazendale!

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Top bot

You got a 3.47% upvote from @upme thanks to @colinbrazendale! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).

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Good robot