Analysis of #BTCUSDT
Hi traders, today we will have a look at #BTCUSDT
Bitcoin recently tried to close above $18000 and failed, we can expect that the market will try again, but first, it may pull back to reload with more buyers and try again to close above $18000 which will be very positive for this market, and crypt market in general.
looking to the left side of the chart you can see we are trading inside the wick of a bearish candle, this is part of the reason why I think the market will all down first before it tries again to close above $18000, another reason why I don't think the market will take major move is that we have FED news today. but I do think after FED we might get back and try $18000,
I am interested to know what you think.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Hi traders, today we will have a look at #BTCUSDT
Bitcoin recently tried to close above $18000 and failed, we can expect that the market will try again, but first, it may pull back to reload with more buyers and try again to close above $18000 which will be very positive for this market, and crypt market in general.
looking to the left side of the chart you can see we are trading inside the wick of a bearish candle, this is part of the reason why I think the market will all down first before it tries again to close above $18000, another reason why I don't think the market will take major move is that we have FED news today. but I do think after FED we might get back and try $18000,
I am interested to know what you think.
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
