BTC - The parabolic UP ended with huge correction

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The parabolic UP ended with huge correction, as it is the case in 99% of this kind of UP. We already broke the support line around 11700$ and we are going in the direction of the support at 10k. The interesting point will be to see what we will have at that levl. We must have a bounce to keep the current UP trend. A bounce at the 10k could even be a very power buy signal to go directly test the previous high. Let's see, we will have soom the answer.

I wish you massive profits,
Cryptopassion.io

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really it is massive correction

just a correction, I don't think the trend is changed with it, we have still a nice Up trend

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