BTC - We are trying to go back in the trading range canal

in #bitcoin7 years ago (edited)

Hello all,

The BTC is consolidating around the 1st resistance line of our trading range canal :

BTCUSD.jpg

I was afraid that we start a massive drop after the break of the support line but it looks like the BTC don't want go lower now. Till now the UP trending is not broken and we could quickly go back in the trading range canal and make after a UP Break Out.

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.

Version française ici : [FR] BTC - Nous essayons de réintégrer le canal de trading

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

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I cashed out .00001% of my vast crypto empire last week and here is what I did:

--I sent a check to Uncle Scam for ten trillion dollars to pay down the deficit.

--I bailed out Greece.

--I paid off everyones student loans in the US.

--I bought Granny that sex change she has been wanting.

--I bought a Tesla for eveyone on my block.

--And I had enough left over for a TofuBurger.

And then my Mom woke me up yelling at me from the top of the basement stairs...WTF....

LULZ....

As I read your post almost everyday, I am learning how to understand the trend of btc and steem. Thanks for sharing continuously!

El btc a las nubes para el 2018; no lo pienses e invierte a largo plazo.

We can rest now for some time because it looks like btc is "stable" atm, but one friend of mine was calculating the drop and he predicted this drop to 13k, moreover after that he thinks that it will go down even more, and by that "down" he means doooooown, so he sold his entire part. I hope it will not go so low in the near future and that this was "Christmas drop" since many people needed money for gifts/dinners/etc... and now we are floating in the safe areas. Some oscillations are normal so if you can resist than HODL it :)

I will hodl mine for sure...

According to my own analysis - Bitcoin now is only situating in a consolidation mode. Once the holidays are over - it's going to pick up the steam. Just hodl on tight and remember to fasten your seatbelts :)


All crypto trades are taxable events in US 2018 Merry Christmas

Ethereum has been holding relatively strong against Bitcoin, trading in a range. I still believe that there is longer-term downward pressure, but it appears that in the short term we may go looking towards the 0.04 level, followed by the 0.045 handle. Because of this, short-term buyers might be attracted but I believe it will only set up a shorting opportunity.

Don't listen to some dude online telling you how to trade....

Thank you very much for the analysis much appreciated!

informative article as usual. Keep up the good work and merry christmas!

good analyzing @cryptopassion. Thanks for sharing bitcoin news.

Thank you for your constant updates on this topic.

hmm impressive analise thx

Thank you for the information

I like it << thanks - folowing - upvoted

good sharing on steem platform.thank you sir.

Hello friends, how are you
Thank you good friends to meet you
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I totally agree with you and I feel that btc will rise from today on ...my prediction for coins still remains BTC, MIOYA, LTC ,and EMC2.They are fairly within a good range of buy such that you can gain a good percent of btc with the rise in btc for the altcoins... Thanks for the signal...uovoted

Bonjour, quel superbe article, il est très bien détaillé, ça à dû vous prendre beaucoup temps, pas vrai ?
Vous méritez d'être plus populaires sur la plateforme steemit, car votre travail fourni et passionnant et très impressionnant ;)
Ravie de vous connaître, mon nouveau ami.
J'espère que tu pourras aller voir mon contenu sur mon blog ;) et tu donne ton avis, ok ?
https://steemit.com/@katouna
Bonne journée ;)

Yeh I'm waiting for a break out upwards to get back in, but have also been waiting for a decent breakout for last week and there hasn't been one!

I'm among those who have been waiting for a drop to 9500, but it's clearly following the lower border of the trading channel... so we may be in normal business again, there's just no volume around. It's Christmas, and all the new folks who joined these last weeks have cold feet...

Hi! Merry Christmas to you. I'm pretty new here on steemit and I did this special articles for you kindly Check out and upvote please. I will also be glad to see your response. Thanks a million!
https://steemit.com/christmas/@basonrich/reach-out-now-now-is-the-time-20171224t223616623z
And
https://steemit.com/minnowsupport/@basonrich/seven-keys-to-having-a-magical-christmas-ever-20171225t43634139z

Great statistic, very clear and to the point keep up the good work

everyone should understand, investing in btc does have a high risk, if they want to read the paper please, fixed the investment it's own responsibility.

Hello colleague @cryptopassion, I hope you feel very well :D. I would like to invite you to follow me on my page @emmanuel250998 where I will be uploading every day the latest news about the world of cryptocurrencies. I would very much appreciate your support. A big hug and greetings from Venezuela ;)

good sharing,thanks