Hello all ๐
Thank you for stopping by, let's get to it ๐คธโโ๏ธโฌ
Federal reserve held an emergency (closed)meeting today, topic being discount and advance rates charged by FED... ๐ see here โฉ www.federalreserve.g...s/20221003closed.htm
Given they decided to lower the rates, this could look good for Bitcoin and alts.
๐โผResistance at ~22,800
We are currently testing to break this descending triangle for a third 3๏ธโฃ time ๐
Strong support zone at ~18k is looking like it might hold.
Stay tuned, check out many ideas, and trade at your own risk!
๐ถ๐
๐This is not financial advice๐ Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss โ๐๐ฒ set
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Thank you so much
Jazerbay โฏ
Thank you for stopping by, let's get to it ๐คธโโ๏ธโฌ
Federal reserve held an emergency (closed)meeting today, topic being discount and advance rates charged by FED... ๐ see here โฉ www.federalreserve.g...s/20221003closed.htm
Given they decided to lower the rates, this could look good for Bitcoin and alts.
๐โผResistance at ~22,800
We are currently testing to break this descending triangle for a third 3๏ธโฃ time ๐
Strong support zone at ~18k is looking like it might hold.
Stay tuned, check out many ideas, and trade at your own risk!
๐ถ๐
๐This is not financial advice๐ Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss โ๐๐ฒ set
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Thank you so much
Jazerbay โฏ
Comment:
~21000
~22800
Resistance at
~21000
~22800
Comment:
Bearish scenario, we fall to support level to retest๐ป
Thank you so much
Price can make W pattern and go to 21000 resistance
Bearish scenario, we fall to support level to retest๐ป
Thank you so much
Comment:
Price is currently accumulating
I don't expect much further downside, take caution when investing in the coming weeks
If we follow past behavior from BTC, another bull-run will be starting within the month๐๐๐
Thank you so much ๐๐ถ
Price is currently accumulating
I don't expect much further downside, take caution when investing in the coming weeks
If we follow past behavior from BTC, another bull-run will be starting within the month๐๐๐
Thank you so much ๐๐ถ
Comment:
There seems to be strong support system forming, I am bullish
Happy trading all
โผThis is not financial adviceโผ
Jazerbay โฏ