There isn't anything to add to yesterday's post ( i forgot to post on this social ).
As expected, we are seeing the trend that is attracting a lot of traders. The FOMC meeting, which begins at 14:30 Eastern time, will have an impact on the stock market, which will then have an impact on the crypto market. As we approach the meeting, price is now heading higher into resistance levels, and if the meeting is unfavorable, we may expect price to be near resistance, resulting in a quick reversal back down.
If it's good, I'd want to see price break through resistance and take out the previous lower high, which occurred about $43300, as this would signal some strength and possibly more upside.
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Follow us on our socials for more!
Thanks and happy trading :)
As expected, we are seeing the trend that is attracting a lot of traders. The FOMC meeting, which begins at 14:30 Eastern time, will have an impact on the stock market, which will then have an impact on the crypto market. As we approach the meeting, price is now heading higher into resistance levels, and if the meeting is unfavorable, we may expect price to be near resistance, resulting in a quick reversal back down.
If it's good, I'd want to see price break through resistance and take out the previous lower high, which occurred about $43300, as this would signal some strength and possibly more upside.
<———————————————>
Follow us on our socials for more!
Thanks and happy trading :)
