BTC - Test of the support line at 6450$

in #bitcoin7 years ago (edited)

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

As explained yesterday, the 6800$ levels are really important for the continuation of the UP trend. Till now we just tested it but we were not able to break it. This failed test created a pull back and we are now going back to the support line at 6450$. Let's hope that this support line will hold the pull back and that we will use it to go test a new time the 6800$.

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:  

Hang in there, BTC!

@cryptopassion if the support line breaks 6450 then again we will be in a dip till 6200 and if it does not break and goes up then next support line will be 7200 according to my technical analysis am i right?

@cryptopassion btc market is depend on news.

Nice analysis with the Bollinger Bands.
I believe that the support will hold and the price will test again the resistance at $6800. Then, it will be very important to have a breakout of that level for the uptrend to continue.

EN SAĞLAM EN İYİ ALTCOİN ''CET'' chttps://www.coinex.com/account/signup?refer_code=c5sgt borsasısnın kendi coini haziran 20 den bu yana 33 kat kazandırdı. Önü çok açık henüz coinmarketcap eklenmedi. 2. olarak BCH BTC ETH VE USDT ile işlem yapmaktadır. İLERİDE binance gibi CETMARKET de eklenecektir.Yatırım yapanın kazanacağını düşünmekteyim. KARAR sizin.

  1. olarak en büyük kazanç ise CET madencilik elinde CET olanlara günlük elindeki miktara göre hediye dağıtmaktadır. şu anda en iyi en yeni borsadır. mobil uygulaması mevcuttur. benim linkden üye olursanız memnun olurum.
    https://www.coinex.com/account/signup?refer_code=c5sgt

veo un camino hasta los 2500

Thanks a lot for your continual work! As I have no clue about technical analysis reading such posts help me a lot in deciding when to jump in and out of the market. Now is a real time to wait :)

There is a lot of resistance between $9,600 and $5900. You’re jumping the gun a bit.

Very good to see