🅱️ (₿) XBT Ultra-Bullish Consolidation
I don't what people keep saying but we focus on the charts, we read the charts and get all the information from the charts.
One can guess and say things are this or that based on assumptions but the charts make no assumptions... Here is what XBT is saying on the daily timeframe.
Straight up!
There is resistance though, for certain, at $21,488.
If this level can be conquered bitcoin can go straight ahead.
If XBT fails to break above this level, we still remain 600% bullish all the way through late March.
We will see how it goes.
In the case that it drops suddenly, as the market tends/likes to surprise, we are super safe for a higher low.
See the two arrows:
1- blue straight up.
2- black small retrace then back up.
Namaste.
One can guess and say things are this or that based on assumptions but the charts make no assumptions... Here is what XBT is saying on the daily timeframe.
Straight up!
- We have a very strong RSI, ultra-strong.
- After the initial break that ended 14-Jan., we see no signs of a retrace instead a very strong bullish consolidation.
- Slowly bitcoin continues pushing higher, more likely waiting for all the bears to short so that they can be squeezed again.
There is resistance though, for certain, at $21,488.
If this level can be conquered bitcoin can go straight ahead.
If XBT fails to break above this level, we still remain 600% bullish all the way through late March.
We will see how it goes.
In the case that it drops suddenly, as the market tends/likes to surprise, we are super safe for a higher low.
See the two arrows:
1- blue straight up.
2- black small retrace then back up.
Namaste.
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.