Bitcoin / TetherUS
Short
Updated

BTC BREAKDOWN SHOW ON LOW TIME FRAME

627
BTC seems to have on low time frame and a breakdown trend confirmation.
We will follow up to see if BTC is going to show some recovery trend on a daily low time frame.

This update is only a day trend and can change with time when there are new confirmations.
The weekend can have low volume, and from Sunday late there can be higher volume with the expected price action of start a new weekly chart.

Monday the volume could increase more with starting the markets.
Note
The trend is still in the breakdown, until now there is no confirmation for a low time frame increase on a daily basic.
Note
BTC until now still has not confirmed an uptrend.
Trend = Breakdown trend.
Note
BTC is still risky and can breakdown from the ATH zone.
There is not confirmed volume.

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.