BTC - The parabolic UP ended with huge correction

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

The parabolic UP ended with huge correction, as it is the case in 99% of this kind of UP. We already broke the support line around 11700$ and we are going in the direction of the support at 10k. The interesting point will be to see what we will have at that levl. We must have a bounce to keep the current UP trend. A bounce at the 10k could even be a very power buy signal to go directly test the previous high. Let's see, we will have soom the answer.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you 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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