FOMC GAME PLAN: Defending 89K & The Path Toward 100K
The market is setting up perfectly ahead of tonightâs FOMC decision. If youâve been following my analysis, you already know the 88Kâ89K Confluence Zone is the critical Line in the Sand for bulls.
4H Chart Check:
89K Trendline Defended: Bulls successfully protected the blue trendline. Higher Lows remain intact.
Current Price (~91.9K): We are sitting in No Manâs Land between support (89K) and resistance (94K).
Entering a trade here is not strategy⌠itâs gambling. My Veteran FOMC Playbook
FOMC nights are famous for liquidity sweeps violent wicks designed to punish early traders. Hereâs how Iâm approaching it:
BTCUSDT - H4
Scenario A: The Shakeout (Most Likely)
A panic-wick sends BTC back down to 89,000â89,500 for one final trendline retest.
My Move: Heavy bids in this zone.
Target: 98,000+
Scenario B: The Breakout
If Powell delivers a dovish tone and BTC breaks 94,000 with real volumeâŚ
My Move: Buy the retest of 94K.
Target: 100,000 (Blue Sky Breakout)
Invalidation
Bullish structure breaks only if we close a 4H candle below 87,000.
Until then: Trend = Bullish.
Donât chase the middle of the range. Let price come to your levels. Pros wait. Retail forces trades.
Rate Cut or No Cut tonight? Drop your vote below đ
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