Luxxfolio Hldgs Inc (LUXFF)

[TheShadow]

Bitcoin “Supertrend” Begins As Buy Signals Stack On All Major Timeframes

Bitcoin price is above $60,000 and bears are in disbelief. But they shouldn’t be, as bulls have long been in control of the trend. It had only been lower timeframes that had flipped bearish, while the most dominant trend had remained up. According to the Supertrend, all of the most important timeframes have since flipped bullish, with buy signals appearing across the board.

Here is a closer look at what the tool says, the only remaining timeframe without a buy signal, and more information on what the Supertrend technical indicator does.

Bitcoin Supertrend Source