Bitcoin day update - What next?
Hello trading friends,
This is an update for the day trend chart depending on the last trends for BTCUSDT.
First of all, BTC is in a stable zone - same time bitcoin is still positive.
There is no high change from the before updates - the trend is still the same.
there are times when BTC goes crazy with increased trends when there is a positive trend, and same time we can get a for a long time a stable trend. and the last one is the trend where BTC going the last days.
Depending on data
Depending on data we see still a positive BTC price action - and it's important for those who want to hold long-term BTC to check the level of 44K - this could be an important split zone.
There is also a chance if we break the 44K level with time frame, that bitcoin could see a breakout to 45400.
Same time manage the risk in case bitcoin enters a new breakdown trend - the chart shows that 39K are important to level to hold as risk zone.
At this moment there is still no reason to expect the 28K trend, when the price changes to 39K with the time frame, then there could be an option for the long target.
Green cycle trend
Depending on ETN Tool there is a green cycle trend
Volume trends
Into the zone above 45K, we see a high volume zone.
At last, manage your risk well, there is not always a reason to enter markets directly, hold to your plan and follow your setups.
Have a great day.
This is an update for the day trend chart depending on the last trends for BTCUSDT.
First of all, BTC is in a stable zone - same time bitcoin is still positive.
There is no high change from the before updates - the trend is still the same.
there are times when BTC goes crazy with increased trends when there is a positive trend, and same time we can get a for a long time a stable trend. and the last one is the trend where BTC going the last days.
Depending on data
Depending on data we see still a positive BTC price action - and it's important for those who want to hold long-term BTC to check the level of 44K - this could be an important split zone.
There is also a chance if we break the 44K level with time frame, that bitcoin could see a breakout to 45400.
Same time manage the risk in case bitcoin enters a new breakdown trend - the chart shows that 39K are important to level to hold as risk zone.
At this moment there is still no reason to expect the 28K trend, when the price changes to 39K with the time frame, then there could be an option for the long target.
Green cycle trend
Depending on ETN Tool there is a green cycle trend
Volume trends
Into the zone above 45K, we see a high volume zone.
At last, manage your risk well, there is not always a reason to enter markets directly, hold to your plan and follow your setups.
Have a great day.
Penafian
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