The price continues to move within the range of $91,700 - $100,400.
In approximately 3 hours, the FED will announce its interest rate decision.
The expectation is for it to remain unchanged.
If it remains unchanged;
there could be a horizontal consolidation between 94,990 – 97,500.
If a breakout occurs, the upward movement will accelerate; otherwise, there could be a pullback to the 91,781 – 94,990 levels.
If the interest rate is reduced;
the psychological resistance at 100,400 USDT may be tested, and if surpassed, the target of 109,605 (ATH) comes into play.
If the interest rate is increased;
the supports at 94,990 USDT and below could be tested quickly.
The levels of 91,781 and 85,085 USDT become potential targets.
With stronger selling, the support zone at the 2024 ATH level of 73,776 USDT may come into play.
In approximately 3 hours, the FED will announce its interest rate decision.
The expectation is for it to remain unchanged.
If it remains unchanged;
there could be a horizontal consolidation between 94,990 – 97,500.
If a breakout occurs, the upward movement will accelerate; otherwise, there could be a pullback to the 91,781 – 94,990 levels.
If the interest rate is reduced;
the psychological resistance at 100,400 USDT may be tested, and if surpassed, the target of 109,605 (ATH) comes into play.
If the interest rate is increased;
the supports at 94,990 USDT and below could be tested quickly.
The levels of 91,781 and 85,085 USDT become potential targets.
With stronger selling, the support zone at the 2024 ATH level of 73,776 USDT may come into play.
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Get most profitable trading signals and information about market.
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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.
CryptoSignalAPP is the best crypto signal application.
Download to Earn
Get most profitable trading signals and information about market.
Keep your risk management.
Make profit !
cryptosignalapp.app.link
Download to Earn
Get most profitable trading signals and information about market.
Keep your risk management.
Make profit !
cryptosignalapp.app.link
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.