OrriginalCrypto on Nostr: #Bitcoin 1 hour chart REFERENCE ONLY I do not often post 1 hour charts as they can be ...
#Bitcoin 1 hour chart REFERENCE ONLY
I do not often post 1 hour charts as they can be misleading BUT they do have their uses to be able to see the Micro climates.
And we can see here that PA has founf that support, as it has previously..that does not mnean it will hold.
Once again, you can see the VRVP on the right clearly showing the line of resistance - that is what PA has to climb through to stop falling.
This week we have a load of ecnomic data coming out from the USA and then on the 18 September, we have the FED Cutting Rates. Possibly. THAT is the trigger we are waiting for.
The real question, another one, is how low will BTC drop before that point.
Hang in there !
Published at
2024-09-04 06:46:52Event JSON
{
"id": "789aa208788f00954a192d09b78d61ca7dbb44213be4cd5870b96d6c5ba6d480",
"pubkey": "f7c21192aad6515aa67dbee43a73386bfbe2a8858909587c2b154f86a383f3ce",
"created_at": 1725432412,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
]
],
"content": "#Bitcoin 1 hour chart REFERENCE ONLY\nI do not often post 1 hour charts as they can be misleading BUT they do have their uses to be able to see the Micro climates.\nAnd we can see here that PA has founf that support, as it has previously..that does not mnean it will hold.\nOnce again, you can see the VRVP on the right clearly showing the line of resistance - that is what PA has to climb through to stop falling.\nThis week we have a load of ecnomic data coming out from the USA and then on the 18 September, we have the FED Cutting Rates. Possibly. THAT is the trigger we are waiting for.\nThe real question, another one, is how low will BTC drop before that point.\nHang in there !\nhttps://m.primal.net/KdVR.png ",
"sig": "dbd491f033a5eca64cf1ea4ab7ff422b7816a08fe4694975c522e9dca858c76c357e9c93feaab3d36914ae871710224c3521d48605199f0b447e11df6b65033c"
}
