SinTrading(@SinTrading)'s insights

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--Bullish

🔄 Update Plan ( 29/10 )
- #BTC: After this morning’s FOMC announcement, interest rates remained unchanged. BTC made a move back up to 81.7k, but the key was still the statements at 1:30. BTC then saw a sharp correction down to 79.7k. For today’s plan, you can watch for another correction around 79k–79.5k, then look for a reversal setup to go Long. Also watch the 81k–81.5k range to continue Shorting BTC.
THIS IS ONLY MY PERSONAL OPINION, NOT INVESTMENT ADVICE. HAPPY TRADING!
$BTC

SinTrading

Bullish

🔄 Plan Update (28/10)
- #BTC has made a very strong recovery ahead of the FOMC meeting at 1 a.m. tomorrow and is currently trading around 81k. In my personal opinion, if you’ve already opened long positions in BTC and altcoins around the lower levels of 79k–80k, you could gradually take profits before tonight’s news. BTC is now starting to reach the 81–82k resistance zone on the H4 timeframe. You may want to consider taking reversal trades around these two resistance levels, with a 1k price stop-loss. If it breaks through, the next resistance zone to watch is around 83.5–84k.
THIS IS ONLY MY PERSONAL OPINION AND NOT INVESTMENT ADVICE. HAPPY TRADING!
$BTC

BTC-3.48%