Panjang
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The bullish breakout that happened late December was quickly corrected. FORBTC grew by more than 100% just to fall back down, we can get some useful information out of this.
The low hit yesterday, 4-Jan, remains as a higher low compared to the start of the initial bullish breakout. Even though there was major force pushing prices down, it did not take the pair to new lows.
If FORBTC ended below 46 satoshis it would be a signal of weakness. Seeing that it held at 47 on a wick, session close 50, means that the bulls were ready to buy as soon as the selling pressure ran its course.
Whoever wanted to sell did so and this opens the doors for bullish growth.
Since we saw 100% in just three days, we can see 200% easily in the weeks to come.
Growth potential can be much higher if we consider a period of months.
Namaste.
The low hit yesterday, 4-Jan, remains as a higher low compared to the start of the initial bullish breakout. Even though there was major force pushing prices down, it did not take the pair to new lows.
If FORBTC ended below 46 satoshis it would be a signal of weakness. Seeing that it held at 47 on a wick, session close 50, means that the bulls were ready to buy as soon as the selling pressure ran its course.
Whoever wanted to sell did so and this opens the doors for bullish growth.
Since we saw 100% in just three days, we can see 200% easily in the weeks to come.
Growth potential can be much higher if we consider a period of months.
Namaste.
🚨 LIFETIME (Pay for 7, get 1)
lamatrades.com —Since 2017
🚨 Results
ETH +2150%
CRO +1272%
AAVE +1134%
XRP +749%
DOGS +868%
SOL +687%
BTC +580%
t.me/anandatrades/1350
🚨 Analyses & Results
t.me/masteranandatrades/6681
lamatrades.com —Since 2017
🚨 Results
ETH +2150%
CRO +1272%
AAVE +1134%
XRP +749%
DOGS +868%
SOL +687%
BTC +580%
t.me/anandatrades/1350
🚨 Analyses & Results
t.me/masteranandatrades/6681
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🚨 LIFETIME (Pay for 7, get 1)
lamatrades.com —Since 2017
🚨 Results
ETH +2150%
CRO +1272%
AAVE +1134%
XRP +749%
DOGS +868%
SOL +687%
BTC +580%
t.me/anandatrades/1350
🚨 Analyses & Results
t.me/masteranandatrades/6681
lamatrades.com —Since 2017
🚨 Results
ETH +2150%
CRO +1272%
AAVE +1134%
XRP +749%
DOGS +868%
SOL +687%
BTC +580%
t.me/anandatrades/1350
🚨 Analyses & Results
t.me/masteranandatrades/6681
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.