Market Analysis of BTCUSDT on Thursday 12 SEPTEMBER 2024

2024-09-12 18:42Source:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


 BTCUSDT running in positive trend and its immediate strong support are 55500 to 57300 level .  Stop loss is 55000 level and it can rise above 65000 level in short term because of irregular correction made at this level  positionally . Intraday purpose buying is better for targets 55400,55600 and 55800  levels respectively with stop loss 55000 level .


QUICK FUNDAMENTAL LOOK  

                                                                 

Orange coin is on its way to snap a two-week losing streak with prices finding some modest momentum after latest CPI data.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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