MARKET UPDATE - 17TH OCTOBER, 2024
Added 2024-10-17 12:58:51 +0000 UTCHello my friends,
Today is the 3rd day that Bitcoin has been ranging at the diagonal resistance we spoke of in yesterday’s market update. I’d like to remind everyone that the last few times it took 3-5 days for Bitcoin to map out a clear path. The last few times it rejected and crashed to fresh lows. Let’s see what happens this time around.
For now, we can clearly observe the small red candle at resistance with a wick on the right side (last candle). We haven’t had any bullish confirmations yet. So far, it’s doing what it did the last few times. We observe.
Hope everyone is well🤜🏻💚🤛🏻
PS: Either way, this is the 3rd day. We’re edging closer.
Comments
That 57-58k range is a key area of interest for sure. I can see a drop to that area, that'll liquidate so many longs and calls for 44k then boom...new ATH
rich _
2024-10-17 13:38:02 +0000 UTCOf course. Please read all the last 5 market updates.💚🤝🏻
Rob Art
2024-10-17 13:13:13 +0000 UTCThe market makers however do know that people catch on to the algorithm patterns. So you can’t just bank on this every time
Steven K Mamat
2024-10-17 13:06:50 +0000 UTC🤝🏻💚🙂
Rob Art
2024-10-17 13:05:21 +0000 UTC🙏🙂
Rob Art
2024-10-17 13:05:10 +0000 UTCThanks for the update. 🔥
Noynie
2024-10-17 13:00:33 +0000 UTCXrp up last like the last several times. Usually means a dump coming
Steven K Mamat
2024-10-17 13:00:20 +0000 UTCJust love these updates rob
Goh Sam
2024-10-17 13:00:12 +0000 UTC
