Hello all,
Here is the current chart :
As you can see, we didn't reach yet my objective.
We have several candles of indecision (doji) so let's see if the UP will come back after that little consolidation.
We could try to test my resistance line in red but I'm afraid about the indecision that we currently have. A longer consolidation is possible and even a little correction. Let's see what will be the next candles that we will have in the coming hours. Some green candles could be a nice indicator that we really want to test my objective.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. 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.
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !
With my daily exchanges of cryptos, I can recommend you the platform Binance
BTC Price is on top of the declining trend line since yesterday. The downtrend is gradually switching to uptrend. I believe we need to see couple more days to confirm the reversal of the trend. I marked the key area with green circle. The red circle was the falling area that came out to become a bullish wick. I hope we are not going to see the visa versa here on top of the upper line.
Thanks for your analysis. I like it.
May the cryptos be our future.
Good luck to all enthusiasts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I believe bitcoin will break through the resistance next push, it feels so bullish lately!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm sure within this week BTC will go up. the beginning of the year did decrease but slowly there has been an increase of some graphs that I see.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Rest assured every day there will be an increase in its graph
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks a lot for your analysis @cryptopassion, It is still kind of scary though, because all I see right now is a rising wedge and rising wedges are usually bearish, most especially as we keep approaching the upper resistance and that makes me feel we may see a short term pull back/reversal. Maybe I am just seeing too much here though and I hope I am wrong. I am just hoping we get to see a good volume.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Agree, pulling back/consolidation before next leg up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hey there
click on my link to earn 2000 per month free
https://steemit.com/money/@wolf92/easy-job-from-home-earn-at-least-2000-dollers-per-month
vote and tell me if you like it
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
BTC will go up.........sooner or later...:)...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for this information
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hey there
click on my link to earn 2000 per month free
https://steemit.com/money/@wolf92/easy-job-from-home-earn-at-least-2000-dollers-per-month
vote and tell me if you like it
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think we established some very nice support this week, it might continue stabilizing, but it won't go much down for sure.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
John Mcaffee has predicted bitcoin will reach $500,000 usd within 3 years you know.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The trend seems telling me that it's time for the price to go up. Thanks for sharing @cryptopassion!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well yes it sure will be great for the coming days to find some great news !
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for your post.because it's useful for steemit.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Please what is the name of the strategy you are using.I was using rainbow strategy..nice post.Remain blessed
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hope to see those green candles soon. Thanks for the candle analysis.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey @cryptopassion, great post for bitcoin! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! Cheers :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just one little push and...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
well post for all steemit user... thanks for share...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
good writing, can be understood quickly, I will men8nggu tuloisan you next
@cryptopassion
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
green candles can reach upwards as before
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm pretty sure it is just correction, it needs a time .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @cryptopassion, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 47 and the total pending payments to posts in these categories was $3476.10. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am interested in the words you post on esteem. because not everyone can provide the best for the fighters who are in the promo-steem. your incredible Master @cryptopassion👍. best regards from me @idun ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We go up from here, the worst has already happened !! HODL :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Brilliant work @cryptopassion.
Upvoted
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin looks set to trade sideways if it can't breakthrough the key resistance levels at 12k personally I think now is a good time to invest in alt coins with NEM being my personal favourite, as it is going to be used as the underlying platform for Venezuela's PTR (Petro cryptocurrency).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So it is possible the price could go up or it could go down, that is great.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit