Margin Analytics 24.09.2020 btc/usdt The expected decrease i | Your Crypto Boss

Margin Analytics 24.09.2020
btc/usdt

The expected decrease in the range of $1,0050 - $1,200 took place ($1,036.82 local minimum):

https://www.tradingview.com/x/pApMmvr6/

This movement confirms the hypothesis that the downward movement in btc and the market in general will continue to form.

Since the level of $10,000 - $10,200 is quite "strong" and the first downward impulse has been received, I believe that it will not pass from the first time.

I currently expect a correction to this decline, which will also help to knock out stop orders from sellers.

Main local resistance zones: range 10431 - 10566$ and 10788$. These are the levels to which btc may grow locally in the near future:

https://www.tradingview.com/x/8S95jjfg/.

From these zones you can take small shorts of positions to hedge your portfolio with a stop for $11200-11400. Short tokens are also a good alternative.

Cancellation of the downside scenario occurs when the price is above $11200.
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