BTC short term update
Updated
BTC / USDT
Despite the good monthly close of September
but on LTF we see BTC still under resistance zone:
1- Downtrend of September
2- Fibonacci resistance
3- 20 day moving average
📌We will monitor price action in this area :
– As long as price is still below this resistances then we can see another test of 40k (or lower)
– If price manage to break and hold above 45-46k (as said before) then major breakout to upside is expected
What do you think about BTC in October ?
Share with us your expectations
Despite the good monthly close of September
but on LTF we see BTC still under resistance zone:
1- Downtrend of September
2- Fibonacci resistance
3- 20 day moving average
📌We will monitor price action in this area :
– As long as price is still below this resistances then we can see another test of 40k (or lower)
– If price manage to break and hold above 45-46k (as said before) then major breakout to upside is expected
What do you think about BTC in October ?
Share with us your expectations
Note
UPDATE Resistance broken .. waiting for daily close
Note
Next update here 👇
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