BTC-USDT - October 11
Bitcoin is still moving within range on daily chart . Now 19500 is strong resistance at the moment and if breaks then 20000.
18733 is support and it should hold it for upward movement and if it breaks down then can touch 18000-18460 area. Our main target is 13200-17000 and waiting for FED rates and CPI data on this Thursday.
September 12, 13 and 14 will decide the Fed will be hawkish or dovish. Lets see what will be happened but in these 3 days there will be some quick movements so be careful.
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
18733 is support and it should hold it for upward movement and if it breaks down then can touch 18000-18460 area. Our main target is 13200-17000 and waiting for FED rates and CPI data on this Thursday.
September 12, 13 and 14 will decide the Fed will be hawkish or dovish. Lets see what will be happened but in these 3 days there will be some quick movements so be careful.
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
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