Another update review from professional trader:

in bitcoin •  7 years ago 

Another update review from professional trader:
IMG_20180304_203541_843.jpg

📊 BTC/USD update

In my previous analysis I indicated that if BTC will move over 11000 resistance line, then our next serious resistance would be around 11600 - 11800. After reaching 11555 price line, BTC stopped its growth and struggling with moving further.

What does it mean? If BTC won't pass 11600 in the nearest time, then we are likely to see BTC moving down to 10780 and 10400 support lines.

I sold some of my BTC at 11500 USD price line, and currently I am waiting to see if BTC will move over 11600 or will keep falling to indicated support lines.

If BTC will retreat to support lines, then I expect some altcoins to move downwards too.

Only ability to pass 11600 - 11800 resistance zone will make me buy back some BTC which I sold.

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7 years ago by

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      ·  7 years ago 

    Thanks FOr Sharing this awesome artical keep it up dear this work

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      [-]
        ·  7 years ago 

      Thanks much

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          ·  7 years ago 

        It says 'in my previous analysis', can you provide a link to it?

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          [-]
            ·  7 years ago 

          Daily News 04.03.218

          • Coinbase User Files Class Action Against Company, Claims Insider BCH Trading

          • Chile Adopts Blockchain Technology For National Energy Grid

          • SEC subpoenas TechCrunch founder's cryptofund amid broader investigation into digital coins

          • Japan's cryptocurrency markets start policing themselves in April

          • Dubai To Launch Blockchain Marketplace For Tourism Industry ‘To Be 10 Years Ahead’

          • Singapore Weighs Need for New Rules to Protect Crypto Investors

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            [-]
              ·  7 years ago 

            You are copying someone else's content, right? As it seems you are not able to provide a link to your previous analysis. Bummer.

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