BTC - Still under the downtrend line but the drop looks paused

Hello all,

Yesterday I was saying you that the correction is perhaps finished.

It is not yet validated but not invalidated neither :

BTCUSD.jpg

To validate the stop of the correction, we need first to break the downtrend line that I traced you in orange.

After the break of this line, a little correction is expected but we should go test the 1st resistance line of the trading canal.

Let's see how many times we will take for reach these objectives. It is the New-Year Eve, so I don't expect so much volume today but we never know.

I wish you massive profits and a Happy New-Year !
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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