watchtrend

BITCOIN DAILY UPDATE - NO reason to hodl BTC At this point

Short
watchtrend Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello trading friends,

This is an update for BTCUSDT with the last trends.
This update is for the low time frame -

All before crash trends what ETN tool did predict looks also at the start of trending as the trend are powerful, and going to uptrend, there is no crash that just starts to crash, but most time it crashes with fake volume trends.

It's the plan and the trend of whales to make a different side of trending than what they want - but when it's the moment they will get active to what they want. you can backtest the before trends - and you will see - no crash did just start from nothing, but from a first uptrend trend.

Depending on TA and trends BTC is at the point of no trading zone. There is no reason to hold BTC until we get confirmed Into a new uptrend.

The same update as this we did update before what did end in the broken into downtrend also :

We have seen that the ETN prediction was right.

THE ETN TOOL PREDICTS THE POSSIBLE BREAKDOWN TREND TO Below 36K.
About these trends, you can read in before updating.

The main reason for this expecting for breakdown trend is this ETN view



most trend Whales setups are at 37.8

If you like this content give it a like and follow for more. / Thank you

This is not a trading call - manage your risk well - shorts and longs can be all very risky - and this post means Spot trading.
Have a great day all, and wich your best trades.



Comment:
when there is a real trend for incoming breakdown trend, BTC will in most times play between 2 ranges - which means it will show more times the up and downtrends - before it will go to the target goal. For this reason, it's not good to use futures trading. only in a way that you trade for years and know how to handle it depending on risk management. and there is not always a reason to trade - sometimes it's better to stay in no trading zone.
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