BTC - Waiting the Break Out

in #bitcoin6 years ago (edited)

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The BTC is in waiting mode in the middle of the 2 lines, being blocked by the previous top around 9300$ and being supported by the support line around 8900$. So we need a Break Out to break one of these line and the pressure will become more and more powerfull during the time we stay between. This pressure at one moment will be too powerfull and will create the Break Out. Let's wait it and see the direction chosen by the market.

I wish you massive profits,
Cryptopassion.io

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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.

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Playing around 9,3k$!!! Let's see if it will hold!

yeah we are really consolidating... A break out is imminent to my opinion but with BTC I stay very carefull because the market like to do traps