BTC - Upper line of the trading canalm broken

in bitcoin •  6 years ago 

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

It is done, we were waiting for that Break Out, it is now done. Looks these nice green candles which broke the line, this is what I was expected, even I was thinking for a more powerfull Break Out. Now we are doing a pull back and that pull back needs to confirm the Break Out. So it is testing the line in orange which is now a support and we must see a bounce from it to confirm the Break Out. If it doesn't happen, we will go back inside the trading canal...

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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Long term outlook for BTC is positive, although one trader thinks it may dive to 3500. But other traders think it will come back an grow since resistance is broken. Other coins gaining volume for growth in the next 1-3 months are Verge, BitTorrent. See updates in my blog.

TL;DR

One small step at a time