BTC - We should have a new move soon

in bitcoin •  5 years ago 

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

We are still consolidating just under the resistance line at 8200$ and we can see that the volume is decreasing. This is clearly showing that a new move is in preparation, the only unknown part is the direction that it will take. If you think it will be a UP, I suggest you to wait that the resistance line is broken to start that trade. If you are thinking about a drop, wait a nice bearish pattern before entering in the drop.

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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It is always a good time to convert fiat money into sound money. Just make sure to position size accordingly and dollar-cost average.

not always a good time as you could have less fiat money in the end