BTCUSDT Analysis January 21, 2023
We've become Bullish on Bitcoin, 
BTC since mid January, 2023. Staying above the Daily Downtrend Line, moving past those dashed 3HR Resistance Lines, and then the ($19,620) Line/Area becoming Support...very excellent technical news!
We had a Bull Flag formation that we are moving up and out of and trying to have the Weekly Downtrend Line surpassed. Let's see what happens over the weekend, ($22,000) is a very strong psychological area.
BTC is down around 80% since the ATH, down 62% since the ($40,700) Support Area, and 25% since the news in November regarding the scum bags. Bitcoin and the Blockchain technology is way too powerful though, we are up over 26% in just a few weeks!
Not Financial Advice...Trade with Confidence and Control.
BTC since mid January, 2023. Staying above the Daily Downtrend Line, moving past those dashed 3HR Resistance Lines, and then the ($19,620) Line/Area becoming Support...very excellent technical news!We had a Bull Flag formation that we are moving up and out of and trying to have the Weekly Downtrend Line surpassed. Let's see what happens over the weekend, ($22,000) is a very strong psychological area.
BTC is down around 80% since the ATH, down 62% since the ($40,700) Support Area, and 25% since the news in November regarding the scum bags. Bitcoin and the Blockchain technology is way too powerful though, we are up over 26% in just a few weeks!
Not Financial Advice...Trade with Confidence and Control.
The future of currency and technical trading is here!
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
tradinggrey.io | currenshi.io
Not Financial Advice...Trade with Confidence and Control.
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