Morning all,
Full TA in the video as usual. Some notes:
- Bitcoin is trading under heavy overhead resistance!
- Despite the small move up Bitcoin is still currently printing a lower high.
- That inverse head and shoulders has been added back in based on last night's move (a slightly wider version)
- A bullish move would see a daily candle close above $16790
- My opinion is that Bitcoin will see a move lower to the bottom of the pattern.
- Jobs data Friday - expect volatility!
- Powell speech Thursday - markets will be looking for any hints that might decide the next rate hike
- Next rate hike - 13th / 14th December.
Be patient and stick to your strategy!
Please hit the boost button if you like this update.
Back tomorrow.
Thanks
SIMON BPOI
Full TA in the video as usual. Some notes:
- Bitcoin is trading under heavy overhead resistance!
- Despite the small move up Bitcoin is still currently printing a lower high.
- That inverse head and shoulders has been added back in based on last night's move (a slightly wider version)
- A bullish move would see a daily candle close above $16790
- My opinion is that Bitcoin will see a move lower to the bottom of the pattern.
- Jobs data Friday - expect volatility!
- Powell speech Thursday - markets will be looking for any hints that might decide the next rate hike
- Next rate hike - 13th / 14th December.
Be patient and stick to your strategy!
Please hit the boost button if you like this update.
Back tomorrow.
Thanks
SIMON BPOI
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bpoicryptotrading.com
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bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
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Related publications
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.
BPOI - CRYPTO TRADING GROUP:
bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
t.me/bpoicryptotradingnews
bpoicryptotrading.com
LATEST NEWS:
bpoicryptonews.com
FREE TELEGRAM NEWS CHANNEL:
t.me/bpoicryptotradingnews
Related publications
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.