BTC - Take some space from 9400$ resistance line

in #bitcoin5 years ago

Hello all,

Here is the chart of my last analysis :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Today, we lost some dollars front of the resistance line at 9400$. This kind of little drop is not always a bad thing. I remember when my trading teacher was explaining me this kind of pattern, he was comparing that to soliders who are taking a little rest before making a new attack again and try to break that wall (resistance line) . It is exactly the same here. We can clearly see that we have not been able to break the resistance line. Let's take some rest and try again to break that line with more power.

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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