Bitcoin Chart Analysis
🤑 From 18 March until now, BTC has moved the 26,500 to 29,500 range.
This type of range is best for Algo Trader
💨 Bitcoin always jumps from the "Home" area and dumps from the battle area which is 29,000 above range.
🕶 The battle area is for sale until Bitcoin properly win this area and makes them support it.
🧓 Powell is less hawkish, so no fear from the Fed side at this time June is a rate-cut month.
🚀 Keeping an eye on the unemployment data is much important.
From the current range, the low is for a long trade and the range high is for a short trade.
Stop loss must be applied. Happy trading
This type of range is best for Algo Trader
💨 Bitcoin always jumps from the "Home" area and dumps from the battle area which is 29,000 above range.
🕶 The battle area is for sale until Bitcoin properly win this area and makes them support it.
🧓 Powell is less hawkish, so no fear from the Fed side at this time June is a rate-cut month.
🚀 Keeping an eye on the unemployment data is much important.
From the current range, the low is for a long trade and the range high is for a short trade.
Stop loss must be applied. Happy trading
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