BitMidas

Bitcoin Trend Analytics September 19

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
The key support is broken. Now BTC is sliding down. Control your positions.

$18218.53 area is the next support. If this area is broken, a second slide would incur. (Similar to the movement of breaking the key support)

After the breakdown on the key support, the short-term movement forms a new short-term downward channel, resulting from a panic selling. BTC is under heavy short-term pressure.

Stay patient before opening positions.

The market expected interest rate hike in September: 75bp(82%),100bp(18%)

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.