BTC - The 2 support lines have been tested

in bitcoin •  7 years ago  (edited)

Hello all,

The 2 support lines have been tested as expected in my previous publications :

BTCUSD.jpg

As we can see on the current chart, the 2 resistances lines have been well respected :

BTCUSD2.jpg

So till now, no support line has experienced a confirmed broken. My objectives and support lines stay the same. We need to see if they will stay solid or if we will break them with volume. This is a very important indicator. If we are able to break these 2 lines, our trend will become bearish so be sure to be aware of these indicators if you want start a new trade.

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.

Version française ici : [FR] BTC - Les deux lignes de support ont été testées

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Bitcoin always incrased @cryptopassion

never say always

No fork. No Segwit2x... biggest manipulation in the whole crypto world!
Now people are flooding their BTC and jump to BCH

Are you expecting bitcoin to further drop more ?
What about bitcoin cash ?
What is fueling bitcoin cash

bitcoin cash is up to 1000$

But i think bitcoin cash is doomed to fail in future .

Great post!
Thanks for the update.
What's the reason for Bitcoin cash incredible rise? Does anyone know?
Is it the rumour of Bitcoins fork being held off? People therefore taking money out of Bitcoin and putting it into Bitcoin cash.

All of the volume came from 1 exchange in korea, still no news tho as far as i know

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  ·  7 years ago Reveal Comment