BTC - Consolidationg at 9350$

in #bitcoin6 years ago

Hello all,

Here is the chart of my last analysis :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Since my last analysis, we have been able to break several resistance line and we are currently consolidating on the level of 9350$ where you can see that we have an historical support/resistance level. Till now, we are not really able to break that line so we can still consider it as a resistance line. However, the fact that we are staying on it since several days clearly shows that the market is making a pause before the next big move. Will this move be a nice UP or a Drop, I let you make your own decision, I have mine ;)

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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