Hello,
So yeah, we finally broke that resistance line that we were observing since days now. It has been done with a nice Bullish breakout but it is very quiet since that happened :
We need now to wait some hours to be sure that it is not a Head Fake. A head Fake is a kind of trap where the market brakes a resistance, goes a little upper and drops back under this resistance with big volume.
So what I would like to see now is a nice bullish volume which will put that resistance line which is now a support line quiet far from us. If that happens, the next big objective (in daily time frame) will be to test the previous high (5000$). For sure we will have some waves (up and down) before that but yeah this will be the next target. So huge profits are possible...
Take care all,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to loose. 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.
Version française ici : [FR] BTC - Ligne de Résistance cassée - On pourrait avoir le début d'une nouvelle tendance haussière
