THE 48K BREAKOUT IS ONE OF THE IMPORTANT BREAKOUTS FOR BTC
Hello trading friends,
This is a small trend with details about the possible breakout that we can expect coming time.
When we check BTC into a backtesting mode - then we see we had more breakouts, one of which are the ELON MUSK ZONE breakout - a time with the hype of tesla, and before more breakouts - By that breakouts, we learn a lot and try to find the data and statistic between the reasons of breakout.
32K was before an important point for a breakout point, the same for the 42k area depending on history trends.
At this moment we are into a change of 4K difference between the 48K ETN tool expecting target.
How high is the change that we can see this breakout coming?
To confirm this data we should wait on the 45K trend - it's a trend where more give an eye on it.
Further depending on the Fomo effect handle orders - it's a possibility that we could get a breakout that even can make a 4K price change, this could go also in 2 parts like hitting the 46400 USD trend, and with the days after the 48K trend.
48K is a golden target - and we will follow it to see if the next breakout will be there. so it means not that we should get directly a breakout to 48K - know it's crypto and it can take some time - as long the data shows green then the possibility of the breakout is there.
Have a great day all - wich you best trades
If you did like the content - like and follow - thanks.
This is not a trading call - manage always your risk.
This is a small trend with details about the possible breakout that we can expect coming time.
When we check BTC into a backtesting mode - then we see we had more breakouts, one of which are the ELON MUSK ZONE breakout - a time with the hype of tesla, and before more breakouts - By that breakouts, we learn a lot and try to find the data and statistic between the reasons of breakout.
32K was before an important point for a breakout point, the same for the 42k area depending on history trends.
At this moment we are into a change of 4K difference between the 48K ETN tool expecting target.
How high is the change that we can see this breakout coming?
To confirm this data we should wait on the 45K trend - it's a trend where more give an eye on it.
Further depending on the Fomo effect handle orders - it's a possibility that we could get a breakout that even can make a 4K price change, this could go also in 2 parts like hitting the 46400 USD trend, and with the days after the 48K trend.
48K is a golden target - and we will follow it to see if the next breakout will be there. so it means not that we should get directly a breakout to 48K - know it's crypto and it can take some time - as long the data shows green then the possibility of the breakout is there.
Have a great day all - wich you best trades
If you did like the content - like and follow - thanks.
This is not a trading call - manage always your risk.