Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Bitcoin Rally Starts; Correction Over? New All-Time High & More
Bitcoin
Long
Bitcoin Rally Starts; Correction Over? New All-Time High & More
By AlanSantana
Follow
Follow
Dec 1, 2021
5
9
22
22
Dec 1, 2021
Yesterday we had a bearish candle close after a failed challenge of EMA50, which now sits at $58,362.
Today, Bitcoin is clearly moving above this level and beginning to grow.
We have the MACD starting to form a strong upward curve:
And the RSI hitting 50;
Goes bullish after a higher low:
All these signals are pointing to higher prices.
Is the Bitcoin correction over?
This is likely...
It is time for the bulls to jump back in.
Note: We still have the $59,000/$62,000 price level as resistance.
EMA100 ($55,000) is now our immediate support.
How far up can prices go?
Leave a comment!
HIT LIKE!
Thanks a lot for your support.
Namaste.
altcoins
Beyond Technical Analysis
Bitcoin (Cryptocurrency)
BTC
BTCUSD
crypto
Cryptocurrency
Technical Indicators
Trend Analysis
AlanSantana
Follow
🔥 PREMIUM Trade-Numbers
lamatrades.com
(Since 2017)
🏆 Results:
t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
Also on:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.