BTC - Resistance line at 8950$ tested but not broken

in bitcoin •  7 years ago  (edited)

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

As you can see, my prediction was correct and we touched the resistance line around 8950$. The break of that resistance line failed and created a little drop but I think that we will test again that resistance line soon. Let's wait some hours to have that test and see if we can break this line.

Stay carefull also because if we failed many time to break it, this could create a bigger correction...

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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Been examining this recent run vs the last few times we tried to break the serious resistance and I can definitely say we are not out of the woods yet.

The market has signs of ptsd and any little bit of fud or manipulation could set us back weeks.

Resistance line will break in the next few days....

It’s only a matter of time before this is breached!

i hope there is another correction coming so the bull will be wilder @cryptopassion

Amazing crypto news..i appreciate this new post..all the best..
upvote and resteemit.

thank you very nice follow you blog.

Can you please make a post that explains some of the terms you use example : the resistance line. I hope that is a cool suggestion. Thanks, always love what you do

Resistance is the opposite of support, when it peaks and dips and you have another peak, let's say 2 days earlier, dipping at the same price, you ll have a resistance line. This is where more is sold than bought.

Resistance is the opposite of support, when it peaks and dips and you have another peak, let's say 2 days earlier, dipping at the same price, you ll have a resistance line. This is where more is sold than bought.

Your prediction is right, can you suggest some coins for me so that i can invest on

  ·  7 years ago (edited)

I agreed with u we don't have to invest more than we can afford to lose..,,
That's a good news that Bitcoin value is gradually rising ...
Hope it will rise more in future..
Hope for the best^_^

Bull run has not started yet.

Hello.

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A couple of different scenarios I am watching are a Cup and Handle or Weekly Equilibrium.
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