BTC - Update - Support line currently tested

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9y

Hello all,

As I explained you in my publication earlier today, we have to break one of the 2 lines on my chart to have a new trend for the Bitcoin. Please be aware that we are currently testing the support line :

BTCUSD.jpg

What will happen now?

  • We can consolidate a little and try again to break the support line with more volume
    OR
  • We will use this support line to go up and try to break the resistance line (upper blue line).

Please be aware that if we break the support line, we have a high risk to make a new low, it means below 3000$...

Take care all,
Cryptopassion.io

PS : Never invest more than what you can afford to loose. This post is my personal opinion, do your own research before making any investment decisions.

Version française ici : [FR] BTC - Mise à jour - Ligne de support actuellement testée

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