Hello all,
Here is the chart of my prediction done yesterday :
Here is the current chart :
The little correction should be finished now and we should continue to progress in direction of the red line. Let's see if the volume needed to break that line will be there also. Without it, we have a high risk to do a pull back after a touch on that line.
I wish you massive profits,
Cryptopassion.io
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What do you think will happen when we hit the red line? Will price be repulsed or will it breech the line and continue upwards?
It may depend on the volume being traded. I think, to gather enough power to break out above the resistance line - it's going to require much more volume than we are currently seeing. So, yeah, we can break and stay above the resistance line - if it is accompanied by high volume. There's really no way to "know" what its' going to do. It's a guessing game and an artform. Right now, there is a lot of indecision in the market - not "fear" but not "optimism" either. We could "go sideways" for a while yet. It seems like upwards momentum may be building - but only as long as events in the world and the markets remain relatively "normal." Any more big dips in the stock market or raising of the interest rates will have a negative impact on most markets.
We won't hit red line, we are moving now to 8k$
Agree...
Seems like there is solid upward pressure on $BTC
Your predictions have been so accurate since I’ve been following I’m hoping this Rises and Steem takes an upward trend as well
To the MOON!
I always rely on your charts and you always deliver, thanks man!
I hope your prediction is right and BTC will hit the $12k tomorrow!
this great information I appreciate your bitcoins thanks for sharing this crtptocurre ncy news..
Curious, the red line seems arbitrary? Especially as you've cut off a higher peak to the left shoulder. Plus you show hitting the line then what, stopping, going up, reversing? Just, "progress in the direction of the line?"
We are in a descending channel, and breaking that is of more significance than breaking the red line. That being said, my head and shoulders target does exceed it. https://steemit.com/bitcoin/@cryptoventures/btc-breaks-my-wedge
Hey @cryptopassion, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! :)
thank you for your prediction, is good to follow you. i'm a new guy in crypto. your information so help.
Thank you for the research you have given us here @cryptopassion like you say, the decision is on yourself
Great chart! Thanks. Waiting when BTC go up!
Nice Post!
i will be very excited to see BTC break $12,000
Your guess almost the reality now...this is the real prediction...you are really great at predicting ...have done it many a times ...each one of them almost touching the vision...thabks for the info...you do great in this..
It seems we're having trouble breaking the 11k resistance. Thoughts on a downtrend soon?
I recently put my BTC into XLM, a coin with a strong team and fixes a lot of ETHERIUMS problems. Still, have some in BTC so I hope your prediction is correct. Thanks for sharing!
It's kinda hard to decide if it's only based on prediction. I think analysis on those graphs are good. It's always interesting how these dips can give a lot of profit to some people. Sadly I'm not one of them :)
Can we just admit that when it comes to crypto NO ONE can really say where the price will go , shy of a lucky guess? Like really ? Its the most volitile market on the planet. You might have better luck predicting where the dice will roll lol* shrugs *
I hope BTC goes up there, but i feel buyers are getting tired and out of bullets, actually i kind of think BTC will drop before going up to that resistance again, 9200-9600 area should be the next move... And even lower, actually i dont think we will see 11k soon again before testing higher lows from now on...