thaitraderoficial
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Update #BTC 09/04 18:05
S&P500 is at 5,456 + 9 points, if it stays above 5,780 tomorrow it will pull BTC and we will probably have a new scenario.
We had another 500 million in short liquidations, those who were short got hit hard.
On the 4Hrs chart, a nice OCOI (image attached), the price is being gradually pushed towards our resistance at 85.
The current movement remains in the CORRECTION area. For the asset to stabilize again, it needs to rise with volume and stay above the 200-period average in the 85 region.
Watch out and manage risk!!!
Remember that the resistance at 95 is the key point for trend reversal.
‼️And now because of this bounce: if it goes back to 76 our closing point, it tends to pull significant drops. 🥊 This market is sharp …
$BTC
S&P500 is at 5,456 + 9 points, if it stays above 5,780 tomorrow it will pull BTC and we will probably have a new scenario.
We had another 500 million in short liquidations, those who were short got hit hard.
On the 4Hrs chart, a nice OCOI (image attached), the price is being gradually pushed towards our resistance at 85.
The current movement remains in the CORRECTION area. For the asset to stabilize again, it needs to rise with volume and stay above the 200-period average in the 85 region.
Watch out and manage risk!!!
Remember that the resistance at 95 is the key point for trend reversal.
‼️And now because of this bounce: if it goes back to 76 our closing point, it tends to pull significant drops. 🥊 This market is sharp …
$BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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