BTC / XBT / USD UPDATED (10/9)
Currently SW is in a tight frame 10250-10400 and set up 2-trap. This is a no-trade-zone, which means you should sit outside and watch the happenings.
The pivot point of the frames below 2H is now at 10250-10200, but if we break and close a 4H candle below this area, we will continue to move deeper, 100xx-99xx.
In the upside, 10450 is a pivot point, if it closes a full 4H candle above, it will not return to the old support level.
In the 4H frame, the area 10050-9950 is currently a relatively good support area, but if there is no candle close below, we can look up, as the chart attached. This is also expected of Mimax Trading in the coming days.
We still observe the pivot price areas and will set buy and sell orders as soon as conditions are met. You need to be patient and not to fomo without an update from us
Currently SW is in a tight frame 10250-10400 and set up 2-trap. This is a no-trade-zone, which means you should sit outside and watch the happenings.
The pivot point of the frames below 2H is now at 10250-10200, but if we break and close a 4H candle below this area, we will continue to move deeper, 100xx-99xx.
In the upside, 10450 is a pivot point, if it closes a full 4H candle above, it will not return to the old support level.
In the 4H frame, the area 10050-9950 is currently a relatively good support area, but if there is no candle close below, we can look up, as the chart attached. This is also expected of Mimax Trading in the coming days.
We still observe the pivot price areas and will set buy and sell orders as soon as conditions are met. You need to be patient and not to fomo without an update from us