BTC - Trying to start a UP break Out

in bitcoin •  7 years ago  (edited)

Hello all,

We are continuing to test the resistance line and trying really to break it to start a UP Break Out :

BTCUSD.jpg

We have 2 main scenarios :

  • We are able to break it soon and we will start a nice Break Out UP.
  • The resistance line will send us back to the support line of the canal before starting again a new try.

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 - Nous essayons de démarrer un Break Out Haussier

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Great post

good post

I think it's waiting to test 20k again.

Look how steady LTC, Ethereum and Bitcoin Cash have been over the past few days - I haven't seen that for a long time! I think they are waiting to see what moves BTC makes before plotting their course.

Bitcoin is a shitcoin now. Ethereum will takeover bitcoin soon if nothing is done about high fees. Dash and litecoin is also much better alternatives.

Bitcoin ain't a shitcoin, I repeat Bitcoin can never be a shitcoin. Just accept the fact that Bitcoin is turning itself into an asset, in which only big and rich people can afford.

Because that highlights the strengths of the service in BTC network....
I think what people are hard to understand is that Bitcoin is pretty well first to market/ proof of concept. But if bad actors keep flogging the BTC network with transaction overload I think another coin could potentially take the crown. Maybe not highest priced coin but REAL number of transaction per second without overloading.

In that respect BTC is overvalued and STEEM is hugely undervalued.

Oh man! I hope youre right!!! gogogogogoo

But you should do this without forgetting that your main goal is to catch break outs. There may not always be a trend in the break out strategy. Sometimes a long-term decline or upward trend can turn into a horizontal trend and channel. Pamper you should wait for the support and resistance that you will draw in that channel.

Up nd down its always hppn...bt btc is dfntly fly high nd break all records

Good information! I learn alot from steem community. I like it and follow you because of your good work.

the bulls are coming...

Segwit2x Segwit2x Segwit2x. Hard fork incoming!
B2X up 70% today, do the math... BTC to follow up trend? B2X with target of 0.3 BTC!
Anyone know where I can find a hard fork countdown though?

Wow very nice your post
Thanks for sharing
@cryptopassion

Looks greedily possible

thanks for the disclaimer, learnt a lesson from there

The transaction fees are crazy!
Check out my new post.
A very beautiful piece... Upvote, and especially Comment your answers
Thanks a great deal!
https://steemit.com/story/@basonrich/the-lady-or-the-tiger-20171226t134845947z

thanks for sharing

In my opinion the very important is $17500 because when the price will reach that level and go down we will have head with arms formation what will be the begining of bigger decresse of price. If the price will go further than 17500 then we can test ATH.

Agree with you, liked your opinion. Keep informing us . God bless you.

Great things to come for BTC in early 2018 for sure. We are pushing back for sure.

I think what we are going to see is the second scenario. Lately it's been forming a pattern of little increase and decrease I don't know how profitable trading on this pattern can be

Je vous remercie!Muchas gracias! Many Thanks!

  ·  7 years ago Reveal Comment