BTC - Just under our support line - Bull Wick?

in #bitcoin6 years ago

Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

We went a little bit below than what I was expecting and we broke the support line. However, we have since several hours now some DOJI in formation and I think that this move could be a bull wick. This kind of move is done to try to make sell the last weak hands just before the end of the correction. This scenario will be quickly confirmed or not. If my hypothesis is correct, we should go higher than this resistance line very soon, I mean during the coming hours.
Let's see ;-)

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.

BARRE STEEMIT.jpg

Are you looking for a user friendly way to exchange your cryptos in £, $, € ?
Do you want them spendable directly via a dedicate Visa card ?
You prefer a quick transfer on your bank account ?
I can recommend you the platform Wirex

BARRE STEEMIT.jpg

You would like exchange your cryptos with the lowest fee possible ?
With my daily exchanges of cryptos, I can recommend you the platform Binance

BARRE STEEMIT.jpg

CryptoPassion-Bannière.jpg

BARRE STEEMIT.jpg

Sort:  

I like how you compare yesterday to today in chart form, i would like to see another leg from the bull run tbh...

Hello man are we still in bear phase ???or any chance of making a bull run.

It seems like grizzly phase XD

Been harping on the panic low for the past couple of weeks. Everyone is still too bullish. Gonna be some event to send it lower, shake them out, and rip it back up...getting closer IMO

Please give me a Great News About Crypto. When will crypto go UP, Because I am in loss now a days.

Recovery , that’s what we need

Please like account my 😄

thanks for the information @cryptopassion. i am very lucky to follow you. because I can study tables up and down prices. and I really understand what you suggest

Thank you sir, for posting
best of luck sir

Above $8,400 in the next few hours? Well, from out chart, we'd only turn bullish on a the weekly time frame if it breaches $8,550 ;)