BTC - Trading canal
Hello all,
Here is the chart of yesterday :
Here is the current chart :
This monday is the continuation of the week end. We are having little move inside the trading canal. We are staying close of the blue resistance line but we really need a break out to break that line. Let's see if it will happen this tuesday. Let's hope we won't have a sudden break out which would break the support line in red.
I wish you massive profits,
Cryptopassion.io
Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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.
.gif)
.gif)
Should break right through that line within the next 3 days
A break out is in preparation for sure, let's see in which direction it will go. We all hope it will be a UP break Out
I think Bitcoin needs to fall a bit more before reaching the minimum of the trend and start climbing. But in a market as new as this it is difficult to know what will happen.
It is very difficult to define a low. Perhaps it is already done perhaps like you are saying we will drop a little bit more. Only the coming weeks will show us if we are on a low.