Technical analysis 07-03-2018 | Bitcoin in full hesitation
Bitcoin's price is going down, should we be worried?
A priori this is nothing very worrying, it is just a slight correction. As you can see below, Bitcoin's price is still above our green resistance which will now act as our support.
This drop appeared following the formation of this ascending wedge (yellow) + the fact of touching our violet resistance with too little volume to pass over it.
.PNG)
Since there was no particular bad news, this correction should not last too long. However, if we don't manage to stay above the 10k-10.2k$ this could become worrying.
Tell us what you think about it in the comments.
Upvote and resteem if you liked it!
Crypto infos:  | Steemit:  | Twitter:  | News:  |
|---|
 |  |  |  |  |  |
|---|
---Donations---
ETH & (Erc20): 0x848a1623b9BDb27371dBbaD1d58d30e6D74F7335
@cryptotradingfr
This is a great time to accumulate
yes probably but I am waiting the time to sell it !
We cannot accumulate forever :)
Do you sell dollars ? (or your local currency ?) because in a few years times this will be a true means of exchange so you want have to sell it 😉
Don't forget to buy the DIP 😉 "BTFD"
Always buy the dip. Coins at 50% off is a bargain, you can then sell at 25%+, and at 50% + and take profit.
Yes I think we will be okay for now, it's nice to see the price against the green support line as context. I think this latest dip has just been amplified by new investors who are panicking.
Cryptocurrencies as a general have gone to sleep since January "no specific news" so everybody is losing interest in them (at least those that do not understand their use and power). Obviously this is better for a healthy growth, lets just keep our finger cross to stay above that 10k area.
Sneaky Ninja Attack! You have been defended with a 3.26% vote... I was summoned by @cryptotradingfr! I have done their bidding and now I will vanish...Whoosh
sayang sekali,padahal saya baru pemula
Congratulations! Your post has been selected as a daily Steemit truffle! It is listed on rank 2 of all contributions awarded today. You can find the
I upvoted your contribution because to my mind your post is at least 51 SBD worth and should receive 118 votes. It's now up to the lovely Steemit community to make this come true.
I am
Bot, an Artificial Intelligence Bot that helps minnows and content curators using Machine Learning. If you are curious how I select content,Have a nice day and sincerely yours,
This comment links to a scam site, do not click any links. Do not enter your password.
Thanks for the heads up, but I still would like those 51 SBD 😂
It's switched to another language now. Bastards.
F** Scammers everywhere !!