BTC Bullish 0.74% to 3.5% 10 19 2022

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Analysis:
On the 3 min charts, BTCUSDT 3 candle confirmation occurred at around $19,230. This implies a current oversold condition for BTCUSDT. 2-candle confirmation on the 5 minutes chart above the yellow moving average and a 1-3-candle confirmation above the lower white dotted fib line on the 3 min chart were also confirmed. Entry Zone was also outlined in the video.
Based on this analysis, we should expect around 0.74% to 3.5% upward movement for BTC from this point. if you are really bullish, a higher percentage is a possibility by the end of the week.


Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT, ETHUSDT, BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP, moving averages, and Fib charts.
Chart Count: 8

Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.