BTC - Reversal in Progress

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

After the correction started yesterday, we are currently having a reversal but we are blocked by the line around 8500$ whihc is now again a resistance line to break. So till now the support line around 8200$ did its job and looks strong. Let's see now if the drop will start again, helped by the reject of the resistance line at 8500$ or if it was again a short term trap from the market.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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