BTC - Correction done?

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Is the correction already finished? It is possible, we touched the 2 MMA (MMA13 and MMA20) and the BTC is going UP. We are now blocked again by the resistance line at 11800$ but we could break it in the coming hours. Still keep in mind that a double TOP (breaish pattern) is still possible if we are not able to break that line.

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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Steem broke the $11,800 USD resistance a bit ago.

each time we go lower, the job has to be done again

most of the time it is easier that the first time we broke it but it stays a resistance line when we are lower and a support line when we are higher

I am actually suspecting now that Steem will move lower, even if Bitcoin makes a big move higher @cryptopassion.

It doesn't bother me either way though, even though I have invested a considerable amount with a average purchase price of about $0.34 USD.

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