Hello trading friends,
At this moment we are into a power volume trend - but for how long? and where it can take us.
BTC is still holding the important levels, and the 42700 - There is no downtrend confirmed until we break down this level with confirmation and time frame. when this does not happen - we are still on an uptrend and positive trend for BTC.
The market has 2 sides, and yes we check all 2 sides, as there is no reason for a downtrend we focus on the uptrend - when the downtrend trend is activated the trend will change depending on the TA - data- trends - that in this case only from 42700 with confirmation and time frame will start. and when price increases more the data changes to another new downtrend.
Interesting trends on BTC last hours, what means this?
are we going to break out the coming hours to 45k+? or is this just a small volume trend that will end into a stable trend?
The scan of this volume into the market looks to have an interesting effect on it, and of course, the time frame should be confirmed or this effect will breakout also to 45k+
We are just at the start of the 44K area now.
The TA expecting daily chart goal are 45400
The expecting goal for BTC depending on ETN is 48K ( ETN depending on long term trends)
Have good trading times
This is not a trading call - manage your risk well
If you like this content - give it a like and follow - Thank you
At this moment we are into a power volume trend - but for how long? and where it can take us.
BTC is still holding the important levels, and the 42700 - There is no downtrend confirmed until we break down this level with confirmation and time frame. when this does not happen - we are still on an uptrend and positive trend for BTC.
The market has 2 sides, and yes we check all 2 sides, as there is no reason for a downtrend we focus on the uptrend - when the downtrend trend is activated the trend will change depending on the TA - data- trends - that in this case only from 42700 with confirmation and time frame will start. and when price increases more the data changes to another new downtrend.
Interesting trends on BTC last hours, what means this?
are we going to break out the coming hours to 45k+? or is this just a small volume trend that will end into a stable trend?
The scan of this volume into the market looks to have an interesting effect on it, and of course, the time frame should be confirmed or this effect will breakout also to 45k+
We are just at the start of the 44K area now.
The TA expecting daily chart goal are 45400
The expecting goal for BTC depending on ETN is 48K ( ETN depending on long term trends)
Have good trading times
This is not a trading call - manage your risk well
If you like this content - give it a like and follow - Thank you
Note
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.
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.