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BITCOIN Fed rate and upcoming plans
Good afternoon yesterday you were warned about the coming event and high volatility, the data turned out to be expected namely: FOMC - FDC RATE = 3.25% (FORECAST 3.25% / PRE 2.5%)
The US Fed raised the interest rate by 0.75%.So what should we expect...
Long
Bitcoin for the upward march needs to fix above 19400 This will be the first signal for the upward march, to pass the 19750 zone and the local target is 20600-20800.
Short
Trading below the level of 19200, will send us to the level of 18350 (marked in yellow on the chart), after this level we will go to the break
Have a clear stop order and hypothesis when trading cryptocurrencies, the Fed rate hike to 20223 is expected, 4.2 PUNT
P.S.
I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level as well as the buyer and seller reactions. Well, a couple more secrets, but you already have the material ready)))
Translated with www.DeepL.com/Translator (free version)
BITCOIN Fed rate and upcoming plans
Good afternoon yesterday you were warned about the coming event and high volatility, the data turned out to be expected namely: FOMC - FDC RATE = 3.25% (FORECAST 3.25% / PRE 2.5%)
The US Fed raised the interest rate by 0.75%.So what should we expect...
Long
Bitcoin for the upward march needs to fix above 19400 This will be the first signal for the upward march, to pass the 19750 zone and the local target is 20600-20800.
Short
Trading below the level of 19200, will send us to the level of 18350 (marked in yellow on the chart), after this level we will go to the break
Have a clear stop order and hypothesis when trading cryptocurrencies, the Fed rate hike to 20223 is expected, 4.2 PUNT
P.S.
I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level as well as the buyer and seller reactions. Well, a couple more secrets, but you already have the material ready)))
Translated with www.DeepL.com/Translator (free version)
Good luck and save your deposits
