BTC/USDT - Bull or Bear? 📈📉🤔
Big week with the FOMC set to announce on Nov 1-2.
A .75 BPS move basically priced it at this point, however markets will be paying attention to any hints of further tightening or a FED pivot.
Taking a look at the BTC/USDT daily chart, we see an important inflection point.
Seems to be a big macro bull vs bear battle taking shape.
Will we go bear and see resistance at the EMA100? 📉
Or is the 4H double top showing a bullish upside? 📈
Either way, we have a crucial week ahead for markets moving into the last 2 months of the year and into 2023.
As always, eyes peeled and head on a swivel. 🤝
-TucciNomics
Chief Overlord, AlgoBuddy
A .75 BPS move basically priced it at this point, however markets will be paying attention to any hints of further tightening or a FED pivot.
Taking a look at the BTC/USDT daily chart, we see an important inflection point.
Seems to be a big macro bull vs bear battle taking shape.
Will we go bear and see resistance at the EMA100? 📉
Or is the 4H double top showing a bullish upside? 📈
Either way, we have a crucial week ahead for markets moving into the last 2 months of the year and into 2023.
As always, eyes peeled and head on a swivel. 🤝
-TucciNomics
Chief Overlord, AlgoBuddy
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Get Access to the exclusive QuantVue indicators: quantvue.io/
Join thousands of traders in our Free Discord: discord.gg/tC7u7magU3
Join thousands of traders in our Free Discord: discord.gg/tC7u7magU3
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.