BTC - After the 3rd Test - The 4th Test failed also

in #bitcoin6 years ago (edited)

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Yes, it is again a new test on that resistance line and it is a again a fail. This time I think we are having too much fails during this little period of time. The bears were already there, waiting for a new fail and this time I think they will take the control for the short term. Let's take some space from that resistance line and see if the market want continue to test this resistance line but I'm more convinced that we will have some short term consolidations.

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.

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Ohhh No!.....:)...

What are your thoughts on trading raobots @cryptopassion? Specifically the open-sourc bot Gekko

Thanks for the post!

Just a lot of sideways movement during a consolidation period. Expect more of this behaviour for the next week or two.

@cryptopassion how much is the chance it will go below 5.7k this time

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