watchtrend

BITCOIN DAILY UPDATE - BTC on important point

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

Depending on daily TA updates The uptrend will start from 40300+ with a time frame.
The point where we are now is an important zone - that could make a reason for the trend to entering the increased zone.
We have it about the 39200+ what could be an interesting powerline.

We have seen last time a price action what don't stay - what means it changes the time into short term - for example when there is uptrend -into short term it changed the trend also for the downtrend the same - this for 90% depending on last trends Ukraine and Russia.

Those have a long-term plan - hold to your plan with risk management.
Daily updates are more with live data - and adding about what happened at this moment into BTC.

It's good for BTC to stay above the whale setup zone. as these are an important zone between uptrend and downtrend, which could also affect the cycle trend.

We are not far from the uptrend area - but also on this point should the risk management by high, as the trend is still not confirmed for an uptrend.

Have a great day.

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Comment:
For daily trades on this time zone - check only if BTC confirms the 40300 - otherwise it can break down more.
Comment:
Dow jones is the same story as BTC - it's not confirmed for uptrend - and is still into the main breakdown trend.
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