BTC - As predicted we tested our long term downtrend line around 8000$
Hello all,
Yesterday I was showing you that chart :
Here is the current chart :
As you can see, my prediction was very accurate !
Our down trend line which is also a support line helps us to stop the drop. Now we have to see the coming hours... We could try to test it again but we must hold it to don't start a very bearish scenario.
I'm thinking this test could be the BOTTOM for the coming days or that we are very close to a BOTTOM if we test again that line and that it holds. So personnaly, I'm starting to buy back some BTC but in several times. Don't buy all your BTC now because the market could test again that line and break it during some hours. These tests can be nice opportunities to buy cheaper some coins.
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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So the downtrend isn’t over yet? Let’s hope this is resolved soon as with all the new exchange accounts and apps accepting crypto, the upswing should be quite exciting!
let's see how deep it goes :P
Can you please explain how you did the analysis?
Is there any hope for back bounce?
Nice post really great information thanks for sharing sir @cryptopassion love it😍😍😍
Awesome analysis, it's seems we had very similar predictions. However i am still expecting a small retracement towards $6,000-$7,500 zone. Expecting a bounce off the daily trend line. Here is my analysis, you got my follow :)
ill buy some :D when it will cost 5$
I bought the BTC 10000 usd. I'm worry!
Amazing prediction but people start to buy when price goes high.
Nice post