Jan. 14, 2021- Bitech.pro cryptocurrency market outlook.

Hello everyone. Welcome to the cryptocurrency market overview. Crypto currency markets currently picked up some bullish momentum on the lower timeframes. Let’s have a look at what’s going on.

I’ll start with Bitcoin as usual.

Pretty clear levels on the 4h. Stair case it is. Bought back $BTC spot holdings at the $ 31000 order block. Given order block aligned with RSI oversold zone at 4h and Stoch RSI bullish cross. All that was enough for me to buy back a $BTC spot . As always I was playing with binary options at Bitech’s Optipro module; I was buying calls mostly since the 31k order block held.

Daily chart looks bullish as well. Last daily close was pretty strong; no doubts it has room to go higher.

Let’s zoom in a bit.

frames; new ATH very likely in this case. Will be watching this level closely and make a decision up on the action there.

We spoke about $40900 as a target in our last overview.

Now we have a brief look at SPX.

Evening star doesn’t played out. It’s a bullish scenario for the whole crypto currency market as well.

Let’s move to $ETH now.

Last daily close was strong from the bulls. Seems like bulls unstoppable right now.

Let’s move on 4h chart.

On 4h you can notice a huge ascending broadcasting wedge.

Conclusion:

Closest support was held by bulls and now the price going towards the liquidity zone. I’ve bought back spot exposure. Decision point at 40–41k; rejection and I’m selling my crypto, break through and I’ll keep spot holdings. Moreover, I’ll be playing over binary options at Bitech’s OptiPro module for now.

Follow my personal twitter account. Probably will be posting some trades over there.

If you haven’t taken a look at the OptiPro module at Bitech.pro for binary options yet. Don’t hesitate and sign up.

Trade safe with

Bitech.pro

Follow us: Twitter

--

--

--

Bitech.pro is a first of its kind cryptocurrency exchange that combines spot trading and crypto binary options. UK-based cryptocurrency exchange.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

LaunchX

The history of first cryptocurrencies before Bitcoin

How To Buy Bitcoin With PayPal

Bancor (BNT) Blockchain Protocol Overview

ditto.money 🤝Gotcha.gg

Multi Finance

How to Microdose on LSD

🤷🏼Why should you design your own cryptocurrency?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Bitech.pro

Bitech.pro

Bitech.pro is a first of its kind cryptocurrency exchange that combines spot trading and crypto binary options. UK-based cryptocurrency exchange.

More from Medium

What exactly is Crypto for? At the moment.

One weekend of Crypto (March 2022)

Bitcoin price since 2016

What is Tokenisation?

DeFi, Cryptocurrencies, RugPulls & Indocia