BTC - Down Trend line broken but HEAD FAKE..

in #steem6 years ago (edited)

Hello all,

Yesterday, we were breaking the downtrend line but unfortunately, it was more a Head Fake than a break :

STEEMUSD.jpg

We are now again under the downtrend line and it is really possible that we go now test the previous BOTTOM where I traced you a red line. We should see at that moment if we will try again to break that downtrend line or if we will do a new BOTTOM.

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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I do not understand the ups and downs. It is too difficult to invest. I am in dilemma wheather wait for some times or take a risk. If you kindly guide me whether it is the real time of investment or no. Waiting for your reply my friend.

There is no one in the world who can tell you the right thing to do regarding trading markets.
First of all, you should know that anytime, anyhow and anything can happen on the markets. Especially crypto markets.
Second - Know that what you are bidding is either a profit or a loss in the future, thus always diversify your investments.
Third - if you can afford it, just HODL

original_46429961.png My chart for BTC ,better buy steem.why? read my last post (about South Korea)

Thanks @cryptopassion,

for current BTC updates and about the market trend. your guideline is valuable. Thanks for that. don't be worried for down rates, In the second week of fabruary BTC will rise again and hopeful for its stabality.

Never invest more than what you can afford to lose.

thank you fro the update! i love your analysis and miss it when you don't publish for a few days.

Thanks for sharing this analysis report, Well written and helpful for me, You are doing great job,

It is about making you think from a different perspective..
It is about writing without any expectations of UPVOTES..
Excellent post good analyses thanks for sharing.

I love this: It's about writing without any expectations of upvotes😏

This is just because the panic sellers atound the world ,who are nothing more than losing their own money .

Yes, I want massive profit. Thanks for your research work.U5dtw2DmiZvwyQzb8ifniUvmaEHme1d.gif

Perfect time to step away from the exchanges and do some more steeming. Or perhaps look into upcoming ICO's. January has historically been a bad month for BTC and it looks like this year the trend will continue. It can't be a bull market all the time, but still plenty of money to be had out there

Yes as we can see the previous years charts of BTC ,jan is the downtrend of BTC than it will blas t the whole year .

We hope it will be for better

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