#XBTUSD #Bitmex #Daily #Tommy - It’s been a quite while since I have TA’d XBT. Here is XBTUSED daily candle. - After successfully breaking above the red box around 10600, XBT has been making higher highs and lows. - Finally, it broke the 12163 and 12340 above, which were the recent previous highs that are considered to be a very significant area by many traders. - Now, we need to make sure if today’s candle can close above those prices. - I am keeping my eye on the short-term major support area around 11960~12160 which recent retest area of the orange down trendline and previous high (pink) overlap. - Furthermore, the blue upward trendline is passing by so I think it is reasonable to bet on this area for long position.
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