BITMEX:XBTUSD   Bitcoin / US Dollar Perpetual Inverse Swap Contract
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7

Today is the last day of September.
Personally, I can't wait to see what the BTC will do.


Before I first speak my mind, I would like to emphasize that around $7,750 is a very important crossroads.
Depending on whether this section breaks or not, very different movements will occur.



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1.

This is the picture I think most simply of all.

After such a move, it starts to fall again.
If you ask me why I'm considering falling again, the answer is in this monthly candle.


Of course, it's not closed yet, but I think it's easy to notice that it's not very good looking.





2.
However, if the BTC doesn't break the section, I think there's no other choice but to keep hitting the sideways and condense the force.



Then it gathers it's strength and shoots itself up. Like a scam.




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This is what I'm thinking now.
And, I think I'll start trading after watching the situation a little bit more.


I want everyone to trade safety. Good luck.











Comments

Thank you
+1 Reply
Kunss Wadia707
@Wadia707, :)
Reply
Stil valid, right? As we are slowly creeping towards 7750$ , baby steps
Reply
Kunss weaselciuy
+1 Reply
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