Hello everyone welcome you all to this exclusive BTC 4hr chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the above-mentioned chart that after rejection from the $24200 level till now BTC meltdown by 14%.
In the current scenario, BTC is currently trading at the price level of $21200 on a green support zone.
Here regain above is likely in upcoming hours because $21.2k is a strong support zone and it’s holding that level well.
A candle that closes below the green support zone will lead BTC again toward the lower trend line support.
As FOMC 2 DAYS meeting and FED interest rate report is to be published on (18:00 GMT) , which also somehow impacts the market.
Let’s see how it impacts the market after the report's release.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see in the above-mentioned chart that after rejection from the $24200 level till now BTC meltdown by 14%.
In the current scenario, BTC is currently trading at the price level of $21200 on a green support zone.
Here regain above is likely in upcoming hours because $21.2k is a strong support zone and it’s holding that level well.
A candle that closes below the green support zone will lead BTC again toward the lower trend line support.
As FOMC 2 DAYS meeting and FED interest rate report is to be published on (18:00 GMT) , which also somehow impacts the market.
Let’s see how it impacts the market after the report's release.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
