BTC - Big Break Out - Pull back in progress
Hello all,
Here was the chart of yesterday :
Here is the current chart :
Some hours ago, we broke the resistance line in pink with a very nice Break Out. That Break Out tested also the resistance line in red but we failed and you can see it with the wick. Due to that fail, we have now a pull back in progress and the line in pink didn't hold the drop. The previous low around 6250$ should help us to pause that drop. Let's see what will happen after.
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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Break out was due to big manipulation while Bitmex was down. Now back to normal and sub 6k expected after SEC ETF denial.
Sad, this looks like a fake breakout into an even bigger drop. Let's pray that I am wrong.