BTC Analysis:
Yesterday Weekly Update
1. BTC weekly closed today was really bearish this close at 21500 retraced last four weeks complete move.
2. Things are looking still bearish as explained in latest video if you haven't watched watch that for more clarity.
3. Now if you're looking for long scalps.
A sweep of the yellow line previous lows and reclaim above 20.8k would be the long trigger.
4. Targets for this would be around 21.6k and 22.5k and invalidation will be the new lows if created.
5. For shorts at current area near support is not a good idea. If you want to short wait for the close below 20.8k or a retest of 22.5k-23k.
Yesterday Weekly Update
1. BTC weekly closed today was really bearish this close at 21500 retraced last four weeks complete move.
2. Things are looking still bearish as explained in latest video if you haven't watched watch that for more clarity.
3. Now if you're looking for long scalps.
A sweep of the yellow line previous lows and reclaim above 20.8k would be the long trigger.
4. Targets for this would be around 21.6k and 22.5k and invalidation will be the new lows if created.
5. For shorts at current area near support is not a good idea. If you want to short wait for the close below 20.8k or a retest of 22.5k-23k.
The #KuCoin security team has noticed a malicious Chrome web extension called Google Sheets which may replace your withdrawal address with the attacker's address when you try to make a transaction.
Please don't download any suspicious extensions, or click any suspicious links.⚠️
Please don't download any suspicious extensions, or click any suspicious links.⚠️
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#BTC/USDT ANALYSIS
BTC is consolidating in an ascending triangle. As we are seeing strength from both bulls and bears and currently BTC is also trading above point of control level.
This is a very crucial level and we've to wait for a breakout with a retest to confirm a bullish move, while a sustain breakdown of POC level would target the horizontal support.
BTC is consolidating in an ascending triangle. As we are seeing strength from both bulls and bears and currently BTC is also trading above point of control level.
This is a very crucial level and we've to wait for a breakout with a retest to confirm a bullish move, while a sustain breakdown of POC level would target the horizontal support.
#BTC 1D resting at support trendline of ascending channel. Pretty much same views on the market ,So far nothing different. Bears still dominating entire market.
PREMATURELY’ LOOSENING POLICY
POWELL: WILL LIKELY REQUIRE RESTRICTIVE POLICY FOR SOME TIME
POWELL: SIZE OF SEPT. RATE HIKE HINGES ON
POWELL: WILL LIKELY REQUIRE RESTRICTIVE POLICY FOR SOME TIME
POWELL: SIZE OF SEPT. RATE HIKE HINGES ON
Powell: September Rate Action 'Will Depend on the Totality of the Incoming Data'
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F**** Friday.. Enjoy the ride 😉
Fed Chair Powell: Rates will rise until 'job is done' bringing down inflation