BTC - We almost touched the top - Back on the support line now

in #bitcoin7 years ago (edited)

Hello all,

We almost touched the Top, only 30-40$ were missing but we failed.
The reaction has been immediate and we had a drop and we are doing a consolidation on the resistance line :

BTCUSD.jpg

So now we have to keep an eye on the resistance line. If we break it with volume, we could see the scenario 2 happening (see my previous post here about it : BTC - very close to the Top - 2 main scenarios).

It is possible also that we use that resistance line to take some more volume and go to break the TOP.

Take care all,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to loose. 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.

Version française ici : [FR] BTC - Nous avons presque touché le sommet - De retour sur la ligne de résistance

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

Sort:  

Good explanation. Looking forward to future analysis, especially through the two hard forks.

Be sure to follow me, I try to post at least 2 or 3 times a day

I already have. Not sure I can keep up with 3 posts a day but I’ll give it a shot!

nice information @cryptopassion :) i wait continued information...

King Bit's heading to $7,000 into November, them we'll see a slight correction on over into the new year.

When do you think we’ll hit the 5000$ mark?

Did you read my publication my friend? It is possible we never touched it...

This post is upvoted by Polsza for 78 %.
If you want help us growing upvote this comment.
Thanks !

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by CryptoPassion from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

Thanks for this information @cryptopassion

@cryptopassion Great post once again! Was wondering do you think I should wait and try and buy the bottom? (if scenario 2 happens?)