MJShahsavar

BTC met All conditions for the continuation of the downtrend

BINANCE:BTCUSDT   Bitcoin / TetherUS
1 minute ago
Renko_Ichimoku Analysis:
Bitcoin met all three conditions for the continuation of the downtrend in Ichimoku analysis:
1- the red Cloud
2- New red brick below the red Cloud
3- The lagging span below the red cloud

Weis wave Renko Volume:
The volume in the recent downtrend wave is greater than the uptrend waves in the range area.

It seems that we have to wait for the downtrend to continue. This support level of 34,000 $ should be broken down to confirm the downtrend


Check my YouTube channel for the Onchain metrics mentioned in this post:
https://www.youtube.com/channel/UC7Bu_3OE2lIWhPshtSi3I9g
برای ملاحظه تحلیل فارسی کانال یوتیوب زیر را دنبال نمایید:
https://www.youtube.com/channel/UCs--cO9xUqmw5FGcfKBXXOQ
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.