DAILY OUTLOOK AS OF 15/09
BTC HOLDS 77K, WAITING FOR BIG NEWS
*Daily timeframe:
- Yesterday, BTC saw a good price increase from 76,350k to 79,570k, an up-move of more than 3k compared to the previous price, along with upcoming September rate news from the FED. At the 79k price zone, BTC met resistance from the sellers and pulled back, closing at 78,153k, recording a +1.76% increase versus the previous day. Trading volume was 20 sessions above average. The closing price is above the Ichimoku cloud’s Tenkansen— the Fear & Greed Index rose from 57 to 69.
- RSI: Moving around the 56 area.
- MACD: Trading below the signal line in the high zone; the histogram shows signs of turning less negative.
*4H timeframe:
- On this timeframe, BTC once broke out above the declining price channel, quickly reaching the 79,570k area. However, BTC pulled back after reaching that level, and the session ended with BTC closing at 78,153k. The 77k zone remains the decisive support/resistance level that determines BTC’s trend, pending the FED’s interest-rate news.
- RSI is trending toward the 50 zone.
- MACD has crossed above the 0 line; the histogram shows increasing momentum.
+ Scenario 1: Consider BUY when BTC tests down at 77.7k–77.9k. Expected TP at 78.7k–79k.
+ Scenario 2: Consider SELL when BTC moves up into 79k–79.3k. Expected TP at 77.5k–77.8k.
* Oil: Oil shows signs of cooling off after testing the 100.733U zone. The session closed near the lows at around 96.582U, recording a drop of -3.84%. Oil still has potential to conquer the 103U–105U zone.
+ Gold trading scenarios: Consider SELL gold at 4325–4340; expected TP at 4250–4200. Alternatively, consider BUY when price drops to around 4200, with expected TP at 4300–4320 (tight SL depending on the position).
> BTC SL scenarios: 500–700 points from Entry
* OUTLOOK (Not investment advice) @All
BTC HOLDS 77K, WAITING FOR BIG NEWS
*Daily timeframe:
- Yesterday, BTC saw a good price increase from 76,350k to 79,570k, an up-move of more than 3k compared to the previous price, along with upcoming September rate news from the FED. At the 79k price zone, BTC met resistance from the sellers and pulled back, closing at 78,153k, recording a +1.76% increase versus the previous day. Trading volume was 20 sessions above average. The closing price is above the Ichimoku cloud’s Tenkansen— the Fear & Greed Index rose from 57 to 69.
- RSI: Moving around the 56 area.
- MACD: Trading below the signal line in the high zone; the histogram shows signs of turning less negative.
*4H timeframe:
- On this timeframe, BTC once broke out above the declining price channel, quickly reaching the 79,570k area. However, BTC pulled back after reaching that level, and the session ended with BTC closing at 78,153k. The 77k zone remains the decisive support/resistance level that determines BTC’s trend, pending the FED’s interest-rate news.
- RSI is trending toward the 50 zone.
- MACD has crossed above the 0 line; the histogram shows increasing momentum.
+ Scenario 1: Consider BUY when BTC tests down at 77.7k–77.9k. Expected TP at 78.7k–79k.
+ Scenario 2: Consider SELL when BTC moves up into 79k–79.3k. Expected TP at 77.5k–77.8k.
* Oil: Oil shows signs of cooling off after testing the 100.733U zone. The session closed near the lows at around 96.582U, recording a drop of -3.84%. Oil still has potential to conquer the 103U–105U zone.
+ Gold trading scenarios: Consider SELL gold at 4325–4340; expected TP at 4250–4200. Alternatively, consider BUY when price drops to around 4200, with expected TP at 4300–4320 (tight SL depending on the position).
> BTC SL scenarios: 500–700 points from Entry
* OUTLOOK (Not investment advice) @All
