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Technical analysis by Rezakaz about Symbol BTC on 11/16/2022

https://sahmeto.com/message/3343391
Rezakaz
Rezakaz
Rank: 9504

#1 or #2? Or any other idea?

Neutral
Price at Publish Time:
$16,686.17
،Technical،Rezakaz

| Your time is precious so I write concise and precise, feel free to ask for more | So far, we have broken the support due to the FTX scandal, spending time here, and I am assuming two scenarios. #1 With a motivating narrative/news, we will rise above the support and attract more funds to the crypto market. #2 We will dump to the next support as the market continues to struggle in tandem with the unfavorable situation in the SPX500USD. As a result, I anticipate a good buying opportunity between 12K and 14K. There are two yellow arrows there, which I believe will act as a liquidity pool and driving forces. Do you consider any other possibilities? I would be happy to find out. Wish you green | Your time is precious so I write concise and precise, feel free to ask for more |

Source Message: TradingView
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