BTC - Progressing inside an UP Trading Canal

in #bitcoin6 years ago (edited)

Hello all,

The BTC is progressing inside an UP trading canal :

BTCUSD.jpg

We should see the BTC staying in this canal several days but we will have at one moment also a Break Out.

  • If we break the resistance line (upper line), we should see an acceleration in the UP trend.
  • If we break the support line (bottom line), we should see an important correction taking place.

Keep an eye on this trading canal and use it also to place your stop and secure your profits.

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.

Version française ici : [FR] BTC - Progression au sein d'un canal de trade haussier

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

Interested to trade your cryptos like a Pro ?
As a trader, I recommend you the trading platform Bitfinex
10% discount on your trading fees for 1 month via this link !

Sort:  

now the BTC as usual up and up and touches to the sky.

This comment has received a 22.22 % upvote from @kittybot thanks to: @babarrajo.

Good information sir thanks

You have to love when things get to a crossroad....

It is actually a traders paradise. Anytime you can break the moves down to two options, there is a high chance of success once the market decides which way it is going. Sure there could be fakes, that is why nothing is guaranteed or 100%. That said, you really are helping people by nailing it down to the two greatest possibilities.

And with BTC, it tends to follow one way or another....it tends to avoid the sideways moving option.

The resistant line offers a good trade signal for the pro traders.

Good suggestion,your personal opinion is right.

I am trying to understand how all this works, but thanks for the info

Coin Marketplace

STEEM 0.25
TRX 0.11
JST 0.033
BTC 63282.43
ETH 3083.92
USDT 1.00
SBD 3.85