Hello trading friends,
This is a small-time update for BTCUSDT.
Depending on the last trends we have seen that BTC Did hit 38.6, further, did BTC increase to 39k+, and after that, we have seen a trend did return below 38K - This price action show is a time frame that BTC has also played also more times into historical trends.
There is no reason for the confirmed breakdown trend of BTC if we hold still the 37K level. and to be exactly BTC should hold at last ---> 36400
We are now at the time frame confirmation area - which means there is still a high chance that we will return to 39K and further uptrend area - in case there are unexpected trends this could change - until now it's still the green area.
Manage your risk well - and have a great trading day.
If you like the content, give it a like and follow - Thank you
This is a small-time update for BTCUSDT.
Depending on the last trends we have seen that BTC Did hit 38.6, further, did BTC increase to 39k+, and after that, we have seen a trend did return below 38K - This price action show is a time frame that BTC has also played also more times into historical trends.
There is no reason for the confirmed breakdown trend of BTC if we hold still the 37K level. and to be exactly BTC should hold at last ---> 36400
We are now at the time frame confirmation area - which means there is still a high chance that we will return to 39K and further uptrend area - in case there are unexpected trends this could change - until now it's still the green area.
Manage your risk well - and have a great trading day.
If you like the content, give it a like and follow - Thank you
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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.
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.