INTRADAY 10/30/19 Forecast BTCUSDt BinanceDear friends,
I apologise for the interday break.
Was forced to interrupt due to a mini-vacation.
If to be as objective as possible, this period is greyed out.
Unfortunately, it was precisely this moment that the most exciting events on Bitkoin fell out, which perhaps have not been since the distant 2017.
I tried to keep my finger on the pulse as much as possible during the break, but just in case, I will repeat here.
On the weekly chart, the seller’s interest starts from the closing level of the strong bearish candle from July (highlighted by a red arrow) - in the region of 9541
The shadows of the last two weekly candles confirm that in the region of 9541-10382 USD, there is a strong seller who merges the cue ball at every opportunity.
At 15 minutes, you can see how the seller tests the level of support for periodical straits. But support for hamsters is still holding and the buyback at stop levels is quite strong.
However, it is evident that the interest of the major players is below the current values of the cue ball, therefore, at the first manifestations of weakness on the part of the horned, a strait below the mark of 9000 USD will be carried out.
I suppose to see the nearest target for today in the region of 8900 USD.
Good Luck and Good Trading Ideas!
Respectfully,
Michael @Hyipov
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Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
