Hello all 👋
Thank you for stopping by, let's get to it 🤸♂️⏬
Federal reserve held an emergency (closed)meeting today, topic being discount and advance rates charged by FED... 🙂 see here ⏩ federalreserve.gov/aboutthefed/boardmeetings/20221003closed.htm
Given they decided to lower the rates, this could look good for Bitcoin and alts.
👀‼Resistance at ~22,800
We are currently testing to break this descending triangle for a third 3️⃣ time 📌
Strong support zone at ~18k is looking like it might hold.
Stay tuned, check out many ideas, and trade at your own risk!
🐶🆗
🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much
Jazerbay ☯
Thank you for stopping by, let's get to it 🤸♂️⏬
Federal reserve held an emergency (closed)meeting today, topic being discount and advance rates charged by FED... 🙂 see here ⏩ federalreserve.gov/aboutthefed/boardmeetings/20221003closed.htm
Given they decided to lower the rates, this could look good for Bitcoin and alts.
👀‼Resistance at ~22,800
We are currently testing to break this descending triangle for a third 3️⃣ time 📌
Strong support zone at ~18k is looking like it might hold.
Stay tuned, check out many ideas, and trade at your own risk!
🐶🆗
🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much
Jazerbay ☯
Note
🆗 UPDATEThere seems to be strong support system forming, I am bullish
Happy trading all
‼This is not financial advice‼
Jazerbay ☯
Note
Resistance at
~21000
~22800
Note
Bearish scenario, we fall to support level to retest🐻
Thank you so much
Note
Price is currently accumulating
I don't expect much further downside, take caution when investing in the coming weeks
If we follow past behavior from BTC, another bull-run will be starting within the month🙂👍📌
Thank you so much 😄🐶
Note
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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.
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.