Hello all,
Is the correction on the BTC finished? It is possible :
As you can see with my green line, we just had a Double Bottom which is a nice bullish pattern.
Since that double bottom, the correction stopped and we have a nice UP back. The first objective now to validate this double bottom is to go test the 1st resistance line of our trading canal. Let's see if we can reach these levels my friends ;) If we are able to go back in the trading canal, I think it will be a good sign that we are done with the correction.
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.
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !
I hope you are right :) let's see what the next days tell us :) looking forward to a next rally :)
You know what else is at the bottom?
Deeeeez Nuts!
Nice analysis @cryptopassion.
Imo the channel is trending down so it needs to break out of its current downward channel in order for us to see the strong reversal.
I've traded Forex quite a bit but never got into crypto. What's the best way to trade it?
Nope we are going lower! Long term we are fine👍 But short term we will test lower then $10,000 probably $8000
Range. We are up 10x from a year ago
Actually more then that! It’s only part of the pattern to pullback but also many will sell for tax reasons in 2018.
I also agree with your targets for bottom of correction. Here is my analysis #23, to show my reasoning and arguments.
Nice analysis.
Gotta keep perspective, though. A year ago, BTC was just under $1,000...
Fuck Bitcoin, I hope it goes to $500.. STEEM, EOS, IOTA. Wave of the future homeslice!
I know bitcoins technology is outdated, but a lot of people get into crypto through bitcoin. If bitcoin goes to 500 a lot of people might become turned off by crypto.
Thnx for the update on Btc , I was waiting for it .
I think BTC will remain in this same range for some time. Maybe a couple weeks or longer. But either way I’ll HODL a little bit. But I’m more into ALTS. They show more promise and better returns usually
#XRP invested a small amount.
Thank you @cyptopassion... This is would have been a huge mistake anyone could make at this time. I hope BTC get back up.
For me, the market will remain low till the second week of January. The signs are glaring.
Peeps converted to fiat to enjoy the holidays, others moved to xrp.
So my best advice is to Hodl and wait till January. We're pretty close.
And erm, don't forget to gather some bch
The daily candlestick is pointing to more pain!!! Lets hope its short
Good post man!!
Trading and predictions always strike me as a bit dodgy around the turn of the year... as people are maneuvering to either TAKE profits, or AVOID taking profits on either side of the calendar year. But I'd like to think we're bouncing along a bottom here, and ready to head back up.
bitcoin goin up in 2018
Today i learned something new. Iam talking about the greenline :O. I hope it will go up soon. i wish u also massiv profits. good evening guys.
Steem all the way to the top!
Time will tell....
Upvote back?!!!
Congratulations @cryptopassion, this post is the sixth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 26 and the total pending payments to posts in these categories was $2126.02. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
Good analysis, but I think we may see further correction...
Beautiful analysis ! You come with the great effort !! Thanks for your contribution ! Your analytics are the source of knowledge of newbie like me ! Became fan of you !! Followed you my friend !!🌸👍🌸👍
