Hello all,
As foreseen yesterday, we are going to test the resistance line of the BTC :
I see 2 main scenarios :
- We are going to test the resistance line in orange and drop again just after the touch
- We are going to brake the resistance line, make a "Head Fake" to justify the massive drop just after.
In all the cases, I don't see the BTC going to make new highs in the coming days.
I wish you massive profits,
Cryptopassion.io
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Version française ici : BTC - Direction to the resistance line
I wonder if this triangle crosses over on the same day as the fork??
I think most TA's are in agreement. There may be a new high but that will proceed a pretty large drop. Now is the time to get your house in order to benefit from the lower prices to come.
News from China, they may not ban BTC. If that gets confirmed, BTC will blow up
I want to thank you for giving me such an informative share.
good post
bitcoins already made a huge highs and it will countinue its highs !!!
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Think its going back down towards 5,700 myself
BTC is not going to make new huge new highs in the coming days.
A very nice looking bullish chart.
That should make any long term holder of BTC very excited.
Yes there will be pullback...but that trendline is nice support.
Resistance or support, which will get broken first...that is the billion dollar question.
Frankly, I dont see an answer soon...we might just keep moving in this triangle formation like we have seen for a few weeks.
it is difficult at this moment to follow these studies