Hello all,
Here was the chart of yesterday :
Here is the current chart :
I was saying you yesterday that the drop under the support line in green could be a buy wick. Till now it is the case. We went back quiet quickly upper of the support line and we are now using it to consolidate. If the scenario of buy wick is confirmed, we should continue the UP at least during some days.
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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somehow it seems tanking more... I am going to buy more and hope that I am right...
@cryptopassion timely news, but good news is on this chart. Probably.
Tanks for post. I voted you again.
I'm looking forward to the G 20 summit on March 19-20!
The G20 is set to hold two separate discussions on cryptocurrencies next week in an effort to seek what representatives call a "common response" on regulation.
We have been basing the last 3 days in daily demand zones. Price found buyers a little bit above $7600. We need to close above $8625 on the daily chart to have any chance of going higher. If price takes out the $7000 level, we will retest the daily demand at $6000 which would be an excellent opportunity to by Bitcoin at a discount.
Could be! Bitcoin is up in talk too https://steemit.com/busy/@coolkidapproved/today-s-top-trending-cryptocurrency-march-16-2018
Thanks for the update
Hey @cryptopassion, great info on Bitcoin! Thanks for sharing. The markets are fun right now and it's great to have the updates from good content here on Steemit. Cheers!
This is great info for me as I am really new to the crypto world and need someone to show me the way. Thank you!
I like that you share your knowledge, no doubt that you put passion in it, I will continue to pay attention to your publications and analysis to see if they improve the forecasts.
Don't call it quits lol, relax markets go up and down.
Time to buy or sell
Wow very good*
Charts are nice. i believe in few days it will be bearish may touch $7200 Support level should expect a pullback from that point
@crytopassion - excellent post and commentary. I agree with your assessment that Bitcoin is largely oversold. There seems to be some consolidation & bottom to the market lately. I would imagine that we will see a bounce back soon.
It seems to me in a pricing action too- that we'll see some upside in Bitcoin & other cryptos as well. I am not a financial adviser currently either- so do your own homework & seek competent financial consultants. I just have over 20 years experience in trading operations & securities analysis FWIW.
This bear market is giving me ulcers!
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