BTC - Our support line has been broken

in bitcoin •  6 years ago 

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Yesterday, I was explaining you that we were following closely the support line in blue and that we will have a break out in one of the directions. It is now done but unfortunately, it has been a down break out and we broke the support line. We have now to see if we will try immediatly to come back in the triangle and so upper of the blue line or if the break will be confirmed. If the break is confirmed, we will soon go test the support line in red at 7625$. If we are able to go back in the triangle, this will create a bull wick and we should try to break the resistance line in green.

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.

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Bull wick in progress! Lets hope it will break 8,4k$!