BTC - Down Trend line should best tested soon

in #steem7 years ago (edited)

Hello all,

Yesterday, I was showing you this chart :

STEEMUSD.jpg

Here is the current chart :

BTCUSD.jpg

As you can see, we almost touched the red line. So what will happen now?
I see 2 main scenarios :

  • The current little UP now is a pause and we will go touch the support line in red.
  • The sellers are not powerfull enough to continue and the correct is almost done.

For both scenarios, I have a similar short term direction : UP !

I wish you massive profits,
Cryptopassion.io

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It's pumping pretty hard right now. I wish it would sustain itself this time lol I'm optomistic that cme futures deadline on Jan 26 will be the end of this downtrend!

Means that now the time to take off . Good luck steemians...

Personally, I think the $crypto market has consolidated and is ready for takeoff...

thank you, i will try

good post and reseemet robin

Your analysis are too good.
Giving great knowledge.
Thanks man

Honestly, I am very happy to read your article, you create an exciting content that can make me relax reading it, can you visit my blog ?? @umar97

it is nice

Respect your outstanding analysis work. Great job.

head fake or not the long term yearly chart is still uptrend. I am not going to let go of my crypto until we moon :) Thanks.

Good post, thanks for the information

We already have double-bottom now. :)

so we could see BTC to the down below $8k ????is it still possible ??

Interesting, the post worth resteemed thanks good content.

Hi Cryptopassion :) So what do you suggest should we HODL or buy more coins or sell our coins which we have in Hold. Your reply will be highly appreciated.

I am hoping for upgrade , as I am working hard to gain some reward

This looks fanciful to me. The trend over the last month has been down and I expect this to continue. A panic will probably drop it down to below $1000 later in the year followed by a recovery to about $3000.

First time I have done some bad timings in my buys and lost quite a bit of "Potential money". I guess you could say I missed the dips... Lesson to be learned, now I am all in for holding. Never trusting myself again. lol.

In 2017 there was a very bad situation,
Its value increased at the end of the year, $ 4.31 in July 2016.

Screenshot_1.png

At present, the increase in the number of users was due to the height of $ 7.31,
There are currently 4.47.
Screenshot_4.png

Now everyone is eager to come to this platform. A lot of people have increased in a few months.
Finally, now I think prices will now be increasing with time.

Thank you.

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The volume is missing at the moment for going up further more than the current state.