Plain and Simple Bitcoin Daily Analysis - 3/17/21 - BTCUSDT
Plain and Simple Bitcoin Daily Analysis - 3/17/21 - BTCUSDT
Yesterday, price action followed precisely my support line at 56K that seems to really hold well
Stimulus checks will hit the banks and the market this day
Plus
Most of the week end retail FUD has been now dissipated.
Great fundamentals then.
On the chart, RSI is pretty oversold, macd about to cross bullish, and VIX still high while it hit recent bottom.
Seems like we have all the ingredients for a steady day above 56K and most probably up to 59K again
On the short term, 30 minute chart show 3 bullish divergence.
Another positive sign for today.
If you did not long yet, it's time to get in ;)
Thanks for reading !
Stay safe.
And remember, no pain, no gain !
See you all tomorrow, and don't forget to ......
smash that like button !
And don't forget to subscribe to my feed to get my daily analysis in your Trading view chart
Comments are also welcome anytime.
And go check my socials down there if you like this analysis!!!!
Yesterday, price action followed precisely my support line at 56K that seems to really hold well
Stimulus checks will hit the banks and the market this day
Plus
Most of the week end retail FUD has been now dissipated.
Great fundamentals then.
On the chart, RSI is pretty oversold, macd about to cross bullish, and VIX still high while it hit recent bottom.
Seems like we have all the ingredients for a steady day above 56K and most probably up to 59K again
On the short term, 30 minute chart show 3 bullish divergence.
Another positive sign for today.
If you did not long yet, it's time to get in ;)
Thanks for reading !
Stay safe.
And remember, no pain, no gain !
See you all tomorrow, and don't forget to ......
smash that like button !
And don't forget to subscribe to my feed to get my daily analysis in your Trading view chart
Comments are also welcome anytime.
And go check my socials down there if you like this analysis!!!!
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