Yesterday’s support $18218.53 held the price and saw spring up towards $19553.96. BTC however didn’t manage to stabilize the positive movement. This target point now diverts to $19723.29.
Today BTC temporarily runs between $19723.29-$19000 and trying to take the first resistance. Holding it up for 24 hours will BTC see a relief to the temporary downward sliding risks. If breaking down the $19000, it’ll possibly go back to test the next support.
$18218.53 is still the key support that would shift to a resistance once a second slide happens. (Similar to the scene of breaking the key support)
As the FOMC meeting draws near, uncertainty becomes even more prominent in the price movement. Control and set protections for your positions.
The market expected interest rate hike in September: 75bp(82%),100bp(18%)
Today BTC temporarily runs between $19723.29-$19000 and trying to take the first resistance. Holding it up for 24 hours will BTC see a relief to the temporary downward sliding risks. If breaking down the $19000, it’ll possibly go back to test the next support.
$18218.53 is still the key support that would shift to a resistance once a second slide happens. (Similar to the scene of breaking the key support)
As the FOMC meeting draws near, uncertainty becomes even more prominent in the price movement. Control and set protections for your positions.
The market expected interest rate hike in September: 75bp(82%),100bp(18%)
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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.
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.