watchtrend

BTC - Into positive zone - and whale protection 47K with T-Frame

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

This is a small daily update for BTCUSDT depending on last trends.
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BTC is still in an uptrend and depends on the main trend into a green cycle trend.

We see in a low time frame some price changes that could show that BTC is into a breakdown trend - this small time frame change at this moment says not much to the real trend.
There is still a high chance for a breakout that could take BTC to a 50300+ trend.

There could be always manipulation trends - but most important is the time frame, and we know from the historical trends that most breakouts enter unexpectedly.
Of course, the trend could change with the coming time frame - But at this moment it's still a positive trend.

The 47K trend protection - read below more about it.

There are signals into trend showing that whale trend protects the area what means the 47K and + - trend, from that point we could see interesting trends - but it means not that it cant get below - it means more that it should holds the time frame.

We did explain before how the breakouts going in most of the ways.

The breakouts.'
1. Manipulation trend, then increase, so that BTC will get more volume trend ( this can happen in all 2 sides)
2. on a stable trend that stays a long time same price action
3. on A protection zone of whales - you see on this point whales protect the zone more times.

Green cycle whales' building levels also depend on the time frame - and they know also to hold before levels, there should come a breakout trend.

This update is not a trading call - trade only depending on your setups, it's made about that the trend is still positive, and 47K will be a very important trend for the breakout.


Have good time for now.
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