#BTC/USDT ANALYSIS
BTC took a sharp correction after a successful breakdown of the symmetrical triangle. Currently, it is holding above the horizontal support, which is the main level for bulls to defend to regain bullish momentum.
If BTC breakdown the horizontal support with a retest below it, then a downward move is expected toward the strong support zone of $14K-$12.5K and that could be the end of the corrective waves.
BTC took a sharp correction after a successful breakdown of the symmetrical triangle. Currently, it is holding above the horizontal support, which is the main level for bulls to defend to regain bullish momentum.
If BTC breakdown the horizontal support with a retest below it, then a downward move is expected toward the strong support zone of $14K-$12.5K and that could be the end of the corrective waves.
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Forwarded from Technical Lemon
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Here's the analysis of #THETA :
#THETA is been trending down and moving very correctively below the strong resistance zone of $1.027 - $1.092. Next major support is at $0.554 - $0.595 and in mid-term, you can anticipate price till there. Until that you can expect short-sell from resistance above around $0.874 and $0.956.
#THETA is been trending down and moving very correctively below the strong resistance zone of $1.027 - $1.092. Next major support is at $0.554 - $0.595 and in mid-term, you can anticipate price till there. Until that you can expect short-sell from resistance above around $0.874 and $0.956.
FOMC minutes will be release today at 7:00 PM GMT
It will give us a idea about what to expect about upcoming rates hikes.
Expect volatility on both sides during that time.
Stay Alert 🚨
It will give us a idea about what to expect about upcoming rates hikes.
Expect volatility on both sides during that time.
Stay Alert 🚨