JoFiBaTaL

BTC retest 18 till mid of Dec.

Long
JoFiBaTaL Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
I do not trust to any technical analysis in current market situation.

Investors are scarred, news → all super negative, new traders are not coming (see above) and e.t.c.
BUT!
On 24 of Nov FRS meeting was positive and looks till mid of December, we have a chance to growing.
What we have now?
  • Next funds rate increasing will be 0.5 instead of 0.75)
  • The speed of increasing will be lowered.
  • Positive forecasting of inflation till mid of summer 23.
  • Begin of investigation of FTX top managers (will increase trust of investors to industry)
  • DXY indes is going down.
But still my main concern is negative news about potential of bankrupt of another companies.
Trade active:
Moving forward :)
Trade active:
Following plan. In 9 days is next FRS event, keep moving, and keep watching.
Trade active:
Waiting today FRS event and pump
Trade active:
500 USD left till 18k)
Trade active:
TP1 reached. Stop loss moved to profitable zone.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.