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watchtrend
Feb 28, 2021 12:49 PM

Breakdown Golden trend - 39800 Coffee time Target! -- 44K very.. Short

BTCUSDT SPOTBybit

Description

Hallo friends,

We have seen some breakdown trends on BTC below 47867. and thats exactly the point where we can expect a breakdown point, as long we not increase above this trend / there is no uptrend.


44800 a great point to watch for further breakdown trend.

What is next?

The next important point are 44K - if we breakdown below this target with confirmation line, we will have a huge breakdown trend depending on TA, and what can mean 39800 as possible target.

From 39800, we should check the Market for new expecting target.

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Comments
Henry_Ross
Great idea, agree!
UnknownUnicorn2410153
@Henry_Ross, you are here too))
FieryTrading
Nice chart mate🔥
MrRenev
I wonder how you got 39800, for me BTC when going down always has an extension of at least 1, often it is 1, and that in this case is equal to ~40000.
watchtrend
@MrRenev, thanks for your feedback. That’s true in our case we use a TA structure system where we count the exactly target.
zigger
what happens after 40k how can we be sure this will bounce ? anyone looking at 30k ?
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