BTC - Staying inside the trading canal

in bitcoin •  6 years ago 

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The BTC is moving inside a trading canal. We have to break one of these lines to have the start of a trend. It is impossible to be sure of a direction now so the better to do is to wait the break out and follow the trend. The break of the 6800$ resistance line would be a very nice bullish signal but let's see what the market will decide.

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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Thank you for the wonderful post!

Hi,

I wonder if BTC will move up out or move down out to the Canal and how long it would take?