BTCUSD DAILY CHART BITCOIN MARKET CONDITIONS
Updated
BTCUSD pair is behaving as expected. If you follow my calls, you can notice consistent projections.
Resistance zone was projected three weeks ago, and is holding tight. Support was barely tested 9/15 and we should expect another test if the market closes under 3750 today or under 3850 tomorrow.
In this ocation I spot a downtrend continuation pattern, that can only be stopped by a daily close over 4250.
Also, Stoch RSI about to cross over 90 signals overbought conditions
This short idea would increase your BTC holdings by 17%, my last short idea increased BTC holdings by 34%, that is +56% BTC profit on a falling market.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Take a look at the big picture forecast here:
Resistance zone was projected three weeks ago, and is holding tight. Support was barely tested 9/15 and we should expect another test if the market closes under 3750 today or under 3850 tomorrow.
In this ocation I spot a downtrend continuation pattern, that can only be stopped by a daily close over 4250.
Also, Stoch RSI about to cross over 90 signals overbought conditions
This short idea would increase your BTC holdings by 17%, my last short idea increased BTC holdings by 34%, that is +56% BTC profit on a falling market.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
Take a look at the big picture forecast here:
Note
Market is breaking upper line of the wedge, on low volume and with RSI divergence on the 4H chart. Bull trap.
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