BTC - As Expected - Bounce !

in #bitcoin7 years ago

Hello all,

Here was the chart of yesterday :

BTCUSD2.jpg

Here is the current chart :

BTCUSD.jpg

As I was explaining you yesterday, the more we were approaching the support line, the more the bounce was imminent !

And it exactly happened as expected. We drop till the levels of 7030$ and a nice break out happened. The first target is not to go to break the resistance line around 7620$. We need to break that line to confirm the bounce so let's if it will break in the coming hours.

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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Glad to see the much needed bounce to come out from the bearish trend..

I'm waiting for 7600 too. I'm also waiting for more volume. I'm expecting it to put in a double bottom before it goes up but I could be wrong.

I really wish we can see a complete bounce with a bullish projection, a lot of us are waiting for this. I dont know if this will be the case, but I will not be rooting against it :)

hopefully it is not a dead cat bounce, but instead a bounce off a massive crypto trampoline that will propel us to the next logarithmic level

It may be a dead cat, the volume just isn't there

Hello thank you for keeping us updated! Please if you want to see mine technical analysis on bitcoin refer here: https://steemit.com/crypto-news/@patrik.malinsky/the-bulls-are-back-again-bitcoins-price-continues-to-rise-btc-usdt-technical-analysis-29-5

Hehehe.... I'm up for the best

thanks for inform us @cryptopassion but i think bitcoin is more rising in future

It was sure bound to bounce, thank you for the graphs! I wonder how much will it bounce, great news for us here on steemit

Let's pray for something positive because I lost money and I feel bad about it!

Competition is a process for us we can master the global market
An honor can learn from your trip @cryptopassion

Is Confidence a Strength?

The benchmark of success in life is to learn from every persistence that the graph shows up where our support has been, this shows where our success is accomplished, preparation continues to be a reference to achieve success and creative ideas into things the most important to reach the peak in the global market.

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Conclusion

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we win together



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