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Welcome to this quick BTC update.
BTC is going well and is currently trading above the $23.5k level. Let's discuss the next possible scenario from here.
BTC breaks above the crucial resistance of $23.3k after two days and as of now holds above it very well. As long as BTC holds above this
23K-$23.3k level we have a high chance that we see another leg up.
We have another important FED meeting (FOMC) on Wednesday so I'm expecting a last push up to the
25K level before FOMC and after that, we might see a huge correction.
Overall this week will be very crucial for us so trade very carefully. Do not get REKT by doing Fomo or some silly mistakes. Remember market always gives opportunities no matter what.
Invalidation of25K is if we break below $22.5
What do you think about this?
Share your thoughts in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this quick BTC update.
BTC is going well and is currently trading above the $23.5k level. Let's discuss the next possible scenario from here.
BTC breaks above the crucial resistance of $23.3k after two days and as of now holds above it very well. As long as BTC holds above this
23K-$23.3k level we have a high chance that we see another leg up. We have another important FED meeting (FOMC) on Wednesday so I'm expecting a last push up to the
25K level before FOMC and after that, we might see a huge correction. Overall this week will be very crucial for us so trade very carefully. Do not get REKT by doing Fomo or some silly mistakes. Remember market always gives opportunities no matter what.
Invalidation of
25K is if we break below $22.5What do you think about this?
Share your thoughts in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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.
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.