Margin Analytics 23.09.2020 btc/usdt Local picture at the mo | Your Crypto Boss

Margin Analytics 23.09.2020
btc/usdt

Local picture at the moment.

A downward impulse appears to be forming from 11150$:

https://www.tradingview.com/x/tT8ol7sm/

The first resistance zone retest ($10,0572) indicated in yesterday's forecast has taken place, so a decrease in the range of $1,050 - $10,200 should be expected in the near future:

https://www.tradingview.com/x/H69L3uEl/

Cancellation of this scenario will occur when fixed above $1,0773.

In the longer term, a commitment of $10,200 is required to confirm the continuation of the correction.

As buyers have not been able to pass the lower trade limit of $11,100-1,900 (from $11,100 a downward movement is formed), the downward scenario now takes precedence:

https://www.tradingview.com/x/Ib9NA1NH/.

Looking at the older TF (1 month) yesterday on a logarithmic scale, I believe that the upward trend of btc is not threatened in the medium term. Since the beginning of December, a more medium-term uptrend has been forming, which supports the historic bitcoin trend since the opening of trading:

https://www.tradingview.com/x/2XgnLafM/.

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