BTC - Daily update - BTC ON IMPORTANT ZONE - 44K if...
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Hello trading friends, This is a daily update for BTCUSDT with the last trends.
Bitcoin is at this moment into an important trend line - and if there is some whale trend volume coming time then BTC should at last show this volume effect coming time - as we are on an important level and also not far from the breakdown trend - whales knowing in most time the important power lines trends.
BTC should hold the 40500 trend price action with a time frame to keep further into an uptrend, for this reason at this moment BTC is still into uptrend depending on TA. same time the breakdown trend is not far - so on this reason its important to follow BTC coming time and to check or there will be the whale action trends - what we did saw before into history with this price actions.
The interesting zones for a possible breakout area from the 42600+ trend, and the price action could bring BTC to 44K. (it's also interesting to zone or BTC will go to this zone, and for some could be interesting to check from here.
BTC takes for more than 30% + the effect of dow jones also. but it means not it should it follow it exactly. This update depends on 100% on day trade trends - as it's a daily update.
If BTC doesn't respect the rules above and trends - then BTC can enter into a new breakdown trend - at this moment on this live data, there is still no confirmation depending on TA.
Have a great day.
#This is not a trading call - but a view from the expecting side depending on TA, data, and trends. Manage all time your risk - as crypto can be very risky on all sides.
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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.