BTCUSD continues to maintain the downtrend
Updated
Dear beloved friends, currently the BTC has not yet ended its downward trend. After breaking important supports today, BTC on the 1-hour chart is showing a sideways movement with a break of the downward trendline at 26,756 USD. Therefore, there is a possibility of a slight recovery in the short term.
However, the downward momentum is still strong on larger timeframes such as the 4-hour and 1-day charts, so the downward trend of BTC will continue quickly with Karina's target set at 26,000 USD.
If you find this information helpful and useful, please leave a like and a comment! We would be delighted to receive feedback from you!
However, the downward momentum is still strong on larger timeframes such as the 4-hour and 1-day charts, so the downward trend of BTC will continue quickly with Karina's target set at 26,000 USD.
If you find this information helpful and useful, please leave a like and a comment! We would be delighted to receive feedback from you!
Trade active
Related publications
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.