Hello trading friend,
✅This is an update for BTC and with last trends.
we have seen before an increasing trend also depending on ETF news.
📈Know that BTC is at top price and it's important to manage the risk in case if Bitcoin gets a massive change trend.
Depending on the TA trend Bitcoin are since 62K into the uptrend area.
It's important to follow the 59700 trends because if #Bitcoin hits that area Bitcoin could break down more.
it's not only about price hit but also with confirmation and time frame, which means at last 1H time frame. some times the #Bitcoin hit the breakdown trend area, but recovery directly into 1H again into uptrend - always wait for confirmation.
Yes, the trend is still into uptrend - but it's not the best time to just enter a trade. the same are also for the breakdown trend, we should see first some confirmations trends.
What the charts show at this moment depending on Live data: that the trend is into uptrend - at this moment there is still no signals for breakdown trend - but if we hit the price action of 59700 this signals could active.
Have a great day.
✅This is an update for BTC and with last trends.
we have seen before an increasing trend also depending on ETF news.
📈Know that BTC is at top price and it's important to manage the risk in case if Bitcoin gets a massive change trend.
Depending on the TA trend Bitcoin are since 62K into the uptrend area.
It's important to follow the 59700 trends because if #Bitcoin hits that area Bitcoin could break down more.
it's not only about price hit but also with confirmation and time frame, which means at last 1H time frame. some times the #Bitcoin hit the breakdown trend area, but recovery directly into 1H again into uptrend - always wait for confirmation.
Yes, the trend is still into uptrend - but it's not the best time to just enter a trade. the same are also for the breakdown trend, we should see first some confirmations trends.
What the charts show at this moment depending on Live data: that the trend is into uptrend - at this moment there is still no signals for breakdown trend - but if we hit the price action of 59700 this signals could active.
Have a great day.
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.