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~BITCOIN~ Third times the charm? Emergency FED meeting

업데이트됨

Hello all 👋
Thank you for stopping by, let's get to it 🤸‍♂️⏬

Federal reserve held an emergency (closed)meeting today, topic being discount and advance rates charged by FED... 🙂 see here ⏩ federalreserve.gov/aboutthefed/boardmeetings/20221003closed.htm

Given they decided to lower the rates, this could look good for Bitcoin and alts.

👀‼Resistance at ~22,800

We are currently testing to break this descending triangle for a third 3️⃣ time 📌

Strong support zone at ~18k is looking like it might hold.

Stay tuned, check out many ideas, and trade at your own risk!

🐶🆗

🛑This is not financial advice🛑 Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you!

Always have a stop loss ✋🛑💲 set

Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.

Thank you so much

Jazerbay ☯

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🆗 UPDATE

There seems to be strong support system forming, I am bullish
Happy trading all

‼This is not financial advice‼
Jazerbay ☯

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Resistance at

~21000
~22800

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Price can make W pattern and go to 21000 resistance

Bearish scenario, we fall to support level to retest🐻

Thank you so much

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Price is currently accumulating

I don't expect much further downside, take caution when investing in the coming weeks

If we follow past behavior from BTC, another bull-run will be starting within the month🙂👍📌

Thank you so much 😄🐶

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