Abtin00

BTCUSDT, Possible price scenarios

BYBIT:BTCUSDT   BTCUSDT SPOT
Hello everybody

At first thank you for supporting us, I took many messages from any of you that need help to manage portfolio.
One of the traders that send me messages in yesterday and send me screen of their account, His in 52K loss of money in one of the position in futures,WHY ?
Hey buddies what are you doing ? in 52K loss ? are you kidding ? Do you have any stop loss ? do you have any capital management strategy ? I will help to manage this loss but do not think you can exit and close this ... position without any loss.

Guys please go and learn and practice, market was changed its not market of 2017 its market of doing. In this year many memecoin and many coin will destroy do not buy any shitcoin without any research and ...

If you believe us and you wanna learn Fundamental & technical analysis send us messages in private ---> Our id is in profile

According to the chart and the price and the condition of economy we wanna tell the scenarios that can be happen in markets.

From the fundamental view and on chain analysis of market, you can see the 3rd whale of BTC is buying and holding from the price 45K and until these price is buying more and this is good news for the market because one of the whale is buying in these red markets.

From technical view we broke price action support area and every wave to this zone is pullback to the broken zone and we need to wait until the key point level break and consolidate above of level and then the trend is upwards and we can take long position and buy.

But one of the most important point is these days the markets are not following any of them its just following macroeconomics because of the inflation that is happen in the world and central bank should manage it with rate of profit to control it.
Today is most important for all markets because about 10 hours later we have event of Federal Reserve Rate and it should say whats gonna do with rate of central bank and if they rise it the all markets ready to dump because when the central bank want to give nice profit with nice rate to people s money, there is no reason that the people comes to risky market and invest in it.
But the prediction is they dont want to change the rate in this time and they wanna change and plan it to change in March and later not now.

Dont trade today just wait and see whats the repot of Federal Reserve then you can take decision to buy or sell in market.

If you have any question send us messages in private

Good Luck Buddies
Abtin



Previous analysis :











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.