BTC - Support line at 8370$ has been broken

in #bitcoin6 years ago (edited)

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The support line at 8370$ has been tested as predicted but also broken... You can see it with big red candle.

The only positive thing is that we didn't continue to drop a lot after that break and that we are still close of our line. We are currently observing a triangle pattern in formation. This triangle should give us a Break Out soon in one of the direction. If this is a UP Break Out, it will allow us to go back higher than this support line that we just broke.

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.

BARRE STEEMIT.jpg

Are you looking for a user friendly way to exchange your cryptos in £, $, € ?
Do you want them spendable directly via a dedicate Visa card ?
You prefer a quick transfer on your bank account ?
I can recommend you the platform Wirex

BARRE STEEMIT.jpg

You would like exchange your cryptos with the lowest fee possible ?
With my daily exchanges of cryptos, I can recommend you the platform Binance

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

BARRE STEEMIT.jpg

Sort:  

Ohhh...snap!...:)...

I expect a bull run beginning at 01 june.

Wow this is a nice post thank you so much

Was expecting a bull run during consensus. Hope the price goes up and break this resistance

hi cryptopassion ! the nice technical analysis !I followed you!

I bet the massive progress will come anytime soon; Thanks for the analysis

my method uses 2 algo's, has a 8040 low for may, and a 9200 low for june.