As bitcoin soars above 30,000 - 35314.03 the Number you will want to watch!
You already know the story.
Bitcoin has gone parabolic.
In the 3 weeks after Bitcoin broke above its previous all time highs at around 20,000... The price of bitcoin has gone up almost 100% since!
However - I'd like to highlight to you that we are approaching yearly XOP expansion node - 35314.03.
For Bitcoin bulls - You will want to be watching this number as we test it.
I'd be expecting some profit taking to take place as we hit those levels.
DJIA
Another number you want to watch on the DJIA is Q COP 32488.60. (Expansion cluster) Big Resistance node.
These are 2 BIG higher time frame resistance nodes in 2 markets investors might want to pay attention to, going into 2021.
I am monitoring
ii) Biden's Inauguration in Jan 2021
iii) The US Dollar
iv) Gold
Best of Trading,
Joseph AuXano
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Author
Joseph AuXano
Author
Joseph Auxano, is an active trader with more than 13 years of market trading experience. He obtained his degree in Finance from the University of Singapore. His passion for the markets started early. He was already actively involved with the stock markets before landing his first Job as a Trader at a Commodity Trading House in Singapore. His fascination for the markets continued to drive his search for the Holy Grail of Trading, and his research on Fibonacci Techniques. This led him to discovery of DiNapoli Levels in 2007. Since his training under the tutelage of Veteran Trader Joe DiNapoli, he has since developed as a Professional Trainer and a full-time trader. It was with DiNapoli techniques, that he discovered first hand the freedom that came with trading. He has traded the markets out from Toronto, Miami, Siesta Keys, Singapore, and is now trading the markets out of Bangkok Thailand. Joseph Auxano is an Authorized DiNapoli Expert, representing DiNapoli Levels Methodology in the USA, South America and around Asia. In 2019, with the help and approval of Joe DiNapoli, Joseph developed the DiNapoli Academy Online Course, with the goal of helping aspiring traders in their journey with Dinapoli Trading Techniques.
