BTC - Resistance line is currently being tested
Hello all,
Here is the chart of yesterday :
Here is the current chart :
The resistance line in blue is currently blocking our little up trend. Look how none candle is able to close upper than this line. If we don't have very soon a break out in order to break this blue line, we will for sure have a drop which will take place very soon. As the week-end is approaching, I'm afraid that this is the second scenario which will happen but no one can be sure at 100% so stay carefull.
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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The weekend is coming.........wait for the dip....:)...
Everyone is expecting massive denial this upcoming Monday over 9 ETF's that were disapproved earlier last month. What makes it different now? Well how about the fact that they decided to take time to review them? Does it not signal that they just needed more time to consider it and only way to do that was disapprove them and then move them into pending review stage nearly days after it? I am not trying to signal to anyone that we will get any of them approved this time, but analyzing this situation something doesn't make sense. For one, why would they even review them again?
With that said we must wait until November 5 now to get more clarification.
this range sucks! lol 6000-6800...just waiting