BTC - Using the support line at 7400$

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Hello all,

Here is the chart of my last analysis :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Since yesterday, we are using the support line at 7400$ to try to continue the UP from it and use it to do a bounce. If we can start a bounce from it, I expect that we touch at least the resistance line at 7800$. If we break this support line around 7400$, we have a high risk to go again test the lows that we didn 2 days ago.

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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