BTC - Going in direction of the support line at 10k
Hello all,
Here is the chart of yesterday :
Here is the current chart :
As foreseen yesterday, after the fail to break the resistance line at 11700$, we are going in direction of the support line at 10k$. The reaction of the market on that level will be important for the trend. I would say that a break of the 10k$ is confirmed, we could see a new down trend takes place on the BTC. If we have a nice bounce from that 10k$ line, nothing is lost for the UP trend we started some weeks ago.
I wish you massive profits,
Cryptopassion.io
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Youw elcome my friend. I joined but what can I discover there?
Maybe it is the "could go either way" factor that makes this so much fun. I am hedging in a little just above 10 with a stop loss just below. One more big pump may be in the works and a healthy correction I speculate.
I hope your stop was not too close of the 10k^$ support line becaus ethat one did well its job and creater a nice bounce
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You welcome my friend
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we bounce in 10k can be a good sign
it is indeed a good sign, we need know to see what will be the reaction when we will touch the next resistance line