BTC - Still into Time frame processing - Green TA still in trend
Hello trading friends,
This is a small trend for BTC with the last trends.
Bitcoin did break down from the before 47K area until 44K trend + - from there it did show some volume trend where the previous breakout did start.
Depending on the main trend BTC have still in the green cycle
Depending on TA: BTC is still in an uptrend - Same time we are into an important time frame area.
In the long term, the trend = still Positive
For daytraders: it's Better to wait to see first the confirmation of the time frame
Indicator trend:
(day trade) Shows on the low time frame - green even with the 5-10-30 min+ from 45k trend.
Depending on the normal study trends it shows that we should wait for the first confirmation - so personally, it's also interesting to see how this plays out.
This update depends on the data of now - know that it will stay crypto, and all can be changed unexpectedly.
Have a good time.
This is not a trading call - Trade only depends on your setups, and there is no 100% guarantee in trading markets.
This is a small trend for BTC with the last trends.
Bitcoin did break down from the before 47K area until 44K trend + - from there it did show some volume trend where the previous breakout did start.
Depending on the main trend BTC have still in the green cycle
Depending on TA: BTC is still in an uptrend - Same time we are into an important time frame area.
In the long term, the trend = still Positive
For daytraders: it's Better to wait to see first the confirmation of the time frame
Indicator trend:
(day trade) Shows on the low time frame - green even with the 5-10-30 min+ from 45k trend.
Depending on the normal study trends it shows that we should wait for the first confirmation - so personally, it's also interesting to see how this plays out.
This update depends on the data of now - know that it will stay crypto, and all can be changed unexpectedly.
Have a good time.
This is not a trading call - Trade only depends on your setups, and there is no 100% guarantee in trading markets.
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