BTC USDT Darvas Box Break-out
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Hi All,
This is a next post, after last update. BTC-USDT is having a local consolidation before breaking past 55K-58K-65K. This is expected to happen during this week itself due to a steep 30% correction and later FOMO feeling to lot of bears who sold heavily from 58K to 43K in the last fall.
Generally when ever back rally comes, it will have a much longer ATH than the previous one.
Therefore it is a clear bullish signal and will not advice any one to short it. There is something which BTC knows which general crowd is not able to, this feel itself will make it run 20% from here onwards and 2 days above 58K will open the windows for 75K
Enjoy and trade with your SL
This is a next post, after last update. BTC-USDT is having a local consolidation before breaking past 55K-58K-65K. This is expected to happen during this week itself due to a steep 30% correction and later FOMO feeling to lot of bears who sold heavily from 58K to 43K in the last fall.
Generally when ever back rally comes, it will have a much longer ATH than the previous one.
Therefore it is a clear bullish signal and will not advice any one to short it. There is something which BTC knows which general crowd is not able to, this feel itself will make it run 20% from here onwards and 2 days above 58K will open the windows for 75K
Enjoy and trade with your SL
Nota
We are very very close to a strong resistance levels of 57.6K-58K...crossing this band will not be a straight line, there can be a correction first towards 52K and then move past 65KWe need to closely observe the 2 Hour Candle above 58K, if Sustain much more upside towards 20-25% up
Penafian
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