BTC - Resistance line tested and broken with a powerfull Break Out

[cryptopassion]

Hello all,

Here was the chart of yesterday :

Here is the current chart :

Yesterday, I was saying you that the BTC was not anymore bearish as we stopped to have lower lows. We have been able to see the confirmation and the result today. What a nice UP... it is a long time we didn't had that on BTC.

So yeah, next objective is the resistance line in red, that famouse resistance line around 6800-6820$. That resistance line has been tested several times the past weeks but we have not been able to break it. Let's hope we will be able to do it with a nice Break Out this time because this is the break of this line which will really change the trend.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, 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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Comments

[positivebalances]

what a beautiful green candle

[hadim123]

Amazing Man!
Can you tell me the prediction about bitcoin?

[anubhavgirdhar]

I think Volume is still a huge concern. We desperately need new influx of money into crypto for any bullish sentiments to take over the market. What do you think?

[lforbusiness]

How much high are you expected? do it cross its all time high

[moghul]

Better to take a step at a time with steady rise
So it is sustainable at higher price

[forex-intraday]

Going again towards the resistance. Let's see if it is the right time!

[ranahussnainali]

I think the ascending trend line on this chart at around 6800-ish should provide enough support to be a bottom.

If that breaks to the downside, then double bottom at 6000 is next support, and if that breaks than 5000-4500.

I hope we stop at 6800ish :)

[cryptong]

@cryptopassion when do u think it can break the 6800 resisttance level ? which is considered the main resistance.