The market sentiment generated by tonight’s FOMC decision has basically been fully exhausted for the time being. If interest rates do not change much, then it will basically not have much impact; the key is what the subsequent speeches contain. Over the past four hours, it currently appears that after yesterday’s 62.5K long position with a long lower wick confirmed support by a bullish K-line, price rebounded quickly. Today, after another pullback, the price closed bullish and broke above the Bollinger Band midline resistance. From the attached indicators, the MACD bearish histogram is shrinking, and the two lines are below the zero axis but forming a bullish cross and moving upward. On the one-hour timeframe, it is still in an upward phase. For the evening, the plan is to temporarily maintain a bullish outlook.


btc: 64,400 long, target 66,400, stop-loss 1,000 points #btc #eth
BTC1.49%
ETH1.93%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned