GK-ARONNO
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🪙 Bitcoin update · EMA377 as support confirmed · New all-time high next confirmed
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$BTC
{spot}(BTCUSDT)
{future}(BTCUSDT)
It is always nice to write about Bitcoin. Here we have another positive, bullish signal.
FYI. These publications are used in many ways. I can give many signals about Bitcoin because it can work for people to create content. You might be already sure, feel secure, nice; the bullish bias confirmed. But with each signal that I describe, those doing videos, blogs, articles, etc. can use the content for inspiration. There are signals also coming from the MACD and RSI. Lately we have been looking at volume, the candles; resistance and support.
EMA377 has been confirmed as support yesterday and then again today. Both candles have a long lower wick and the reversal is happening right at this level, after a relatively strong bearish wave. -21.4% in 30 days. This is after months of sideways action... Now that the bearish move is complete, support has been challenged, tested, it is time to give a try at resistance next.
We know the main resistance levels: $117,000, $120,000 and the all-time high, $126,000. We know all these levels will easily break. But, how do we know this if the action is still happening close to support? Because of the bullishness coming from the altcoins, that's the only reason why we know. We know with 100% certainty that Bitcoin will hit a new all-time high when it starts to go up.
Another reason is because it is no longer going down. The action remains above the most important number ever, $102,000.
The week is only mid-way through. If it starts red, it will end green. If it starts down, it will end up. It started pretty bad, it will end up really good. Thank you.
{spot}(BTCUSDT)
{future}(BTCUSDT)
It is always nice to write about Bitcoin. Here we have another positive, bullish signal.
FYI. These publications are used in many ways. I can give many signals about Bitcoin because it can work for people to create content. You might be already sure, feel secure, nice; the bullish bias confirmed. But with each signal that I describe, those doing videos, blogs, articles, etc. can use the content for inspiration. There are signals also coming from the MACD and RSI. Lately we have been looking at volume, the candles; resistance and support.
EMA377 has been confirmed as support yesterday and then again today. Both candles have a long lower wick and the reversal is happening right at this level, after a relatively strong bearish wave. -21.4% in 30 days. This is after months of sideways action... Now that the bearish move is complete, support has been challenged, tested, it is time to give a try at resistance next.
We know the main resistance levels: $117,000, $120,000 and the all-time high, $126,000. We know all these levels will easily break. But, how do we know this if the action is still happening close to support? Because of the bullishness coming from the altcoins, that's the only reason why we know. We know with 100% certainty that Bitcoin will hit a new all-time high when it starts to go up.
Another reason is because it is no longer going down. The action remains above the most important number ever, $102,000.
The week is only mid-way through. If it starts red, it will end green. If it starts down, it will end up. It started pretty bad, it will end up really good. Thank you.
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