CryptoAST XBT USD UPDATE
We stated on our last breakdown that BTC and XBT will be hitting highs at 10535$ and thereafter, we would get a reversal from this price all the way down to 8500$, with exactly that occurring. We gave multiple long real time calls from 8,700$ to 10,535$. Before the bearish activity started, we gave short calls from 10535$.
We will give you an update of the market, per usual once again.
- Looks like we will probably be retesting the 8524$ support level and breaking support of MA’s. We stated in a brief update yesterday that we would be going up to 9300$. Highs of only just under 9000$ was received. EMA supports now seem to only be at 9200$. We had hit EMA 200 on the hourly at 9000$ with resistance faced there.
- We are seeing XBT momentum indicators showing up bearish on all TF’s above 1 hour.
- We essentially expect the drop to 8524$ with support being found here to take us up to 9,100$ before we then move onto dropping to the downside further to 7484$ ; the next strong support floor.
- We expect the bears to keep control till 7484$ at the minimum.
CHECK OUT OUR TELEGRAM CHANNEL DOWN BELOW FOR TIMELY UPDATES AND EXACT ENTRIES!
We stated on our last breakdown that BTC and XBT will be hitting highs at 10535$ and thereafter, we would get a reversal from this price all the way down to 8500$, with exactly that occurring. We gave multiple long real time calls from 8,700$ to 10,535$. Before the bearish activity started, we gave short calls from 10535$.
We will give you an update of the market, per usual once again.
- Looks like we will probably be retesting the 8524$ support level and breaking support of MA’s. We stated in a brief update yesterday that we would be going up to 9300$. Highs of only just under 9000$ was received. EMA supports now seem to only be at 9200$. We had hit EMA 200 on the hourly at 9000$ with resistance faced there.
- We are seeing XBT momentum indicators showing up bearish on all TF’s above 1 hour.
- We essentially expect the drop to 8524$ with support being found here to take us up to 9,100$ before we then move onto dropping to the downside further to 7484$ ; the next strong support floor.
- We expect the bears to keep control till 7484$ at the minimum.
CHECK OUT OUR TELEGRAM CHANNEL DOWN BELOW FOR TIMELY UPDATES AND EXACT ENTRIES!
