Hello all,
Here is the chart of yesterday :
Here is the current chart :
So yesterday, I was saying you to keep an eye on the current little UP. We know now that it was not the expected Break Out but just a test of the resistance line at 3600$ that we failed to break. So what is the situation now? We are again just under the resistance line, waiting the needed volume to start a Break Out. This scenaria is similar to a trading canal or a bull flag and so we will need to wait the start of the Break Out to confirm the direction for the next move.
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.
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Well!! Am seeing a better and future blockchain here.
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The current pattern is more optimist than some weeks ago but it is a little bit too early to say that we are starting a new UP trend. Let's see
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More volume is needed in the market. The entire cryptocurrency market is calm and waiting. For the moment I stand on the sidelines until there are signs that something important is going to happen.
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Yeah we call that a consolidation before the next big move, it always does that, the question will be in which direction that move will be
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