BTCUSDT Analysis February 28, 2023
We are still 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 on the Daily...very excellent technical news.
We had a Bull Flag formation that we moved up and out of and still staying above the Weekly Downtrend Line. ($22,000) is a very strong psychological area and the next level to move past is ($23,830).
BTC is down around 77% 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 are way too powerful though, we were up over 30% 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 on the Daily...very excellent technical news.We had a Bull Flag formation that we moved up and out of and still staying above the Weekly Downtrend Line. ($22,000) is a very strong psychological area and the next level to move past is ($23,830).
BTC is down around 77% 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 are way too powerful though, we were up over 30% 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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