Bitcoing has closed for the 3rd time above 34,000 long term major support, stating that it has no intention of heading below the weekly for now
Every single try so far to break below the weekly has failed and it seems that the bulls are taking over. The most likely move now is to our next long term resistance of 41,000 and then if we can break the 50,300, it might...
Dominance is forming another higher low and a descending triangle. Expecting this to move lower and clear out the lows, but 1-2% and then a very quick move higher. If alt and eth remain strong vs the rest of the market, a break higher will be quiet explosive.
BITCOING HAS REJECTED THE LOW 30'S prices and is making its way to highs again. A sustained break above 40,000 price level will se it try to break above 50000 again, which will be a huge turn. I am long on Bitcoin for now
XTZ is in a clear $2 price level rejection. I think its a very significant red rejection candle on the daily. Bigger positions are most likely cashing out and accumulating orders right now. Prices will try to retest $5 levels again, and if sustain, move even higher on further accumulated buying activity
LONG ON XTZ
This is one of the strongest rejections BITCOIN PRICE HAS HAD IN THE LAST 5 YEARS. This is the strongest signal in the last few months, and the next candle should be a candle with quiet a lot of strength on the monthly. Bitcoin plummeted from 65,000 all the way to 30,000 in less than 1 month, and rejection of 30,000 is very significant area for Bitcoin. Will...
