#BTC/USDT 1DAY UPDATE !!
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
BITCOIN UPDATE:-
Initial bullish momentum following last month’s payrolls has seemingly faded, with markets gearing up an economic downturn.
Although Friday’s figure of 315,000 jobs was better than expected, this was lower than July’s number of 528,000.
As a result of this, BTC/USD slipped to a low of $19,779.55 on Saturday, less than 24 hours after trading at a peak of $20,401.57.
Looking at the chart, bitcoin is now on the cusp of colliding with its price floor of $19,800, which hasn’t been broken since July 16.
However, should the relative strength index (RSI,) which currently tracks at 35.77, fall to its own floor of 33.95, then this breakout will likely occur.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BITCOIN UPDATE:-
Initial bullish momentum following last month’s payrolls has seemingly faded, with markets gearing up an economic downturn.
Although Friday’s figure of 315,000 jobs was better than expected, this was lower than July’s number of 528,000.
As a result of this, BTC/USD slipped to a low of $19,779.55 on Saturday, less than 24 hours after trading at a peak of $20,401.57.
Looking at the chart, bitcoin is now on the cusp of colliding with its price floor of $19,800, which hasn’t been broken since July 16.
However, should the relative strength index (RSI,) which currently tracks at 35.77, fall to its own floor of 33.95, then this breakout will likely occur.
This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.