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Technical analysis by Bitxer_PK about Symbol BTC on 11/14/2023

https://sahmeto.com/message/3309419
Bitxer_PK
Bitxer_PK
Rank: 3353
1.8

BTC/USDT & CPI: Bitxer's Wisdom for Post-Data Trading!

Neutral
Price at Publish Time:
$36,332.8
،Technical،Bitxer_PK

Certainly, here's a detailed analysis: 📊 **BTC/USDT Pre-CPI Analysis:** - **Anticipating CPI Influence:** If CPI data falls below 3.3%, a potential market rise is expected in BTC/USDT. - **Key Levels:** Identified downside points at 34192.94 and 31460.65, while upward trends noted at 38417.99 and 41933.98. 📈 **Post-CPI Trading Strategy:** - **Trade Direction:** Consider both long and short positions post-CPI data confirmation. - **Risk Mitigation:** Use caution, employing low leverage and limited funds for a secure approach. 🌐 **Market Behavior:** Post-CPI announcements can prompt swift market movements. Adapting your strategy post-confirmation is vital for risk management and profitable trades. Stay alert and trade wisely! 🚀📉💡

Source Message: TradingView
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