Hello all,
We are still upper than our Down Trend line :
But look on this, a triangle is in formation :
As always no one can be 100% sure of the direction that the Break Out will take.
The safest way to trade it is the following :
- Wait the start of the Break Out (UP or DOWN)
- Enter your position by following the trend
- Determine your profit target when you know the price of your entry
- Wait and adapt if needed your profit target to sold your position with I hope a nice profit.
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 !
rrrrrroooooarrrrrr....!!!!
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When will this crypto blood bath end, I am sitting on $3000 loss!
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thanks for the update 👍
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Hold dear.price up in feb end
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Bitcoin is playing with my emotions.
Me looking at the BTC/USD chart.
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HODL ! Bitcoin will bounce back !!
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great.
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Nice post.I respect you very much because you contribute to steemit.I will do activities like you.I would like to extend the steemit.
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that's exactly my opinion about the chart of btc price
I completely agree with you
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Wonderful post.. Thanks for tip.. Looking out for more insightful tips from you.. Thanks once again..
Happy Steeming
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I agree with your analysis! I think that it is time us hodlers of bitcoin get some excitement finally again in the markets. In my opinion, if Bitcoin breakout from this symmetrical triangle we can see movement in the next upcoming weeks to 14k. Of course, with Robinhood having a waiting list of nearly 1 million users helps as well for the start of February. The altcoins will most likely follow so I am loading up on my top bags as of now!
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Fantastic friend very interesting post
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Lovely analysis, truthfully crypto is the way to go, it has come to stay.
Bitcoin is bouncing back bigger, but I like your last words, never invest more than you can afford to lose.
Thank you for bitfinex, I'll give it a try.
Thanks @cryptopassion
You are one of the heaviest leading forces in crypto information and analysis.
KEEP STEEMING
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The bitcoin will rise again
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It will go up for sure. Stay positive guys!
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Just hold onto your BTC. Things will normalize after mid February, 2018.
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The charts don't lie. He is correct, as are many other technical analysts. We know there will be a break out very soon, but the direction is 50/50... It could just as easily break up or down. Keep a close eye on the supports. Nice post!
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thanks for the information @cryptopassion
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Hey nice analysis. I did something similar check it out.
https://steemit.com/bitcoin/@parindafx/btcusd-price-chart-analysis-01-27-2017
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Overall trend is still down, I'm betting it keeps dropping.
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We are on our way to better days @cryptopassion
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well, we can see where that went! Now the whole market is in green again :) I'll be following you and hopefully learn from your analysis.
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