BTC - 9400$ resistance line is still blocking us

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Hello all,

Here is the chart of my last analysis :

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Here is the current chart :

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The resistance line is still blocking us since several hours now. I like this kind of pattern because it always ends with a nice break out. No one can never be sure of the direction but at least we have volatility and this is what a trader likes me like to do some profitable trade without too much risk. So let's wait the decision of the market regarding the direction. The more time we take to choose that direction, the more powerfull will be the break out so just be patient.

Yesterday, we were breaking the resistance line at 9400$ when I was doing my article. Unfortunately, we experienced a rejection from it and we dropped just under. We are now still testing that line and trying to break it and the market didn't decide yet who will win, sellers or buyers. Let's see the result of that fight.

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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