BTC/USDT quick overview
Hey, traders
First coin of the week will be out father coin BTC. Well the beginning of September looked promising for Bulls where on 9th of September they took control and pushed price towards 22K. After one long candle we sow a nice "Three White Soldier" pattern which turned out to be a bull trap and 13th of September due to he news from CPI bears took complete control of BTC.
After that we had a 4 day correctional period and then another dump from bears. which crashed 20K zone and secured weekly candle below this zone as well. For now we see next major target for both bulls and bears to be 17.5K from where we want to see a volume spike up. This looks great setup for us and we will take actions only once we get confirmation at zone of 17.5K!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
First coin of the week will be out father coin BTC. Well the beginning of September looked promising for Bulls where on 9th of September they took control and pushed price towards 22K. After one long candle we sow a nice "Three White Soldier" pattern which turned out to be a bull trap and 13th of September due to he news from CPI bears took complete control of BTC.
After that we had a 4 day correctional period and then another dump from bears. which crashed 20K zone and secured weekly candle below this zone as well. For now we see next major target for both bulls and bears to be 17.5K from where we want to see a volume spike up. This looks great setup for us and we will take actions only once we get confirmation at zone of 17.5K!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
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