Hello trading friends,
This is a BTC update depending on the last trends.
In the last 24H, we have seen BTC moving between 44700 and 43500, which means BTC looks for an out way of trend.
Depending on the ETN tool - The trend looks to have more chance to break down - and the expecting target is 41900 or even below.
From history trends we see a pattern when a crash trend starts from pump trend to stable trend, then a crash trend.
we can call this also the 3 trends- 1. pump trend - 2. stable trend, and 3. crash trend.
For day traders check the trend always on all 2 sides as most of the daily traders trade the low time frame.
Sometimes a price change can take time before there is a new out way of trend.
This was the small update with the adding that trend going stable and waiting for a come-out.
out of ETN expecting, and depending on TA trends, we can speak about a green trend if BTC hits the 46K with time frame and confirmation.
It's always good to wait with trading, and trade when there are confirmations.
the same time to buy when already there is recovery, and not in full green.
Have a great day.
If you like the content, give it a like and follow - Thank you
This is a BTC update depending on the last trends.
In the last 24H, we have seen BTC moving between 44700 and 43500, which means BTC looks for an out way of trend.
Depending on the ETN tool - The trend looks to have more chance to break down - and the expecting target is 41900 or even below.
From history trends we see a pattern when a crash trend starts from pump trend to stable trend, then a crash trend.
we can call this also the 3 trends- 1. pump trend - 2. stable trend, and 3. crash trend.
For day traders check the trend always on all 2 sides as most of the daily traders trade the low time frame.
Sometimes a price change can take time before there is a new out way of trend.
This was the small update with the adding that trend going stable and waiting for a come-out.
out of ETN expecting, and depending on TA trends, we can speak about a green trend if BTC hits the 46K with time frame and confirmation.
It's always good to wait with trading, and trade when there are confirmations.
the same time to buy when already there is recovery, and not in full green.
Have a great day.
If you like the content, give it a like and follow - Thank you