Market Analysis of BTCUSDT on Monday 16 SEPTEMBER 2024

2024-09-16 18:27Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


 BTCUSDT running in negative trend and its immediate strong resistance are 58684  to 59422 level .  Stop loss is 60650 level and it can fall towards 56000 level in short term because of wave 5 extension   . Intraday purpose selling is better for targets 58650,58500 and 58300  levels respectively with stop loss 60650 level .


QUICK FUNDAMENTAL LOOK

                                                                 

The odds of a higher-than-expected 50-basis point Federal Reserve rate cut have now skyrocketed to 55% on the popular cryptocurrency-powered betting site Polymarket.


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

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