BTC - We failed with the scenario of higher highs

in #bitcoin7 years ago

Hello all,

Yesterday I was showing you that chart explaining you that we need now to see higher highs to confirm the bounce :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

As you can see, we failed and the drop came back.

However, look where I traced the red circle, we have 3 DOJI which are a good sign of incertitude or change of direction.
So eveything is not yet finished, we could perhaps see the market going test the downtrend line in green but we start perhaps to miss some volume to continue the drop.

As I said you 2 days ago, I hope you didn't buy back BTC all in one time, because if we go test the downtrend line, we will have nice opportunities to buy lower.

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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Until LN start working BTC will not see new highs. LN is developing quickly, every day there is new LN nodes and I expect full implementation in 2018.

Difficult days. Just when you think the bottom is in....

More price drop = more buy back

Great analysis and the information is quite helpful

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I think the price of the bitcoin price chart has ended in price decline. but its market name will be difficult for us to predict.
if according to friends here. how the development of bitcoin prices

Thanks a lot @cryptopassion for guideline and about the current scenerio of market trend. I think more 1 week required to stable the current downtrend. Always be hopefull. your valuable words are worth for us.

Never invest more than what you can afford to lose.

I have a 10 days order to buy bitcoin should I panic? the buy is in 48 h maximum I hope it drops little further sorry guys :D
What is your prediction
are we going slowly or fast
are we going up or down
are we going now or later?

All I can say is we are definitely going right and not left.

Nice one. Just the right information i needed regarding this cryptocurrency. I hope it rises again o

Great post. Upvoted, Followed and Resteemed by @cryptoryno33