Hello trading friends,
Bitcoin did break down the risk zone and did break down on more reasons as the stockmarkets price action includes the rejections of SEC. know that more things could become unexpected as the market can handle more trends.
There was before 2 option or the trend would break out to 45400, or we will get a rejection on the risk zone - and the second did happen because of the last trends.
Even with this market breakdown trend market are at main trend still positive.
we have seen this trend more times in Bitcoin, and now it's important that we can find a confirmation trend on the 39K+
The above trends mean not for day traders, it's about the long-term hold.
Trend:
we are into a breakdown trend
Data
There is still a high chance for a new increase trend, as the month JAN still not close.
it's important to follow the trend until 14-02-2022 to get a better price action expecting for the long term
Most waiting for the 28K trend - know the same time the whales know that also, and there could be a price action before that trend, the volume on that trend is also high.
for some, this point could be a price action to buy the dip trend.
we are now below 43400, and we will check the market coming time.
Have a good weekend.
# this is not a trading call - manage your risk well - and know when to take profits/losses.
Bitcoin did break down the risk zone and did break down on more reasons as the stockmarkets price action includes the rejections of SEC. know that more things could become unexpected as the market can handle more trends.
There was before 2 option or the trend would break out to 45400, or we will get a rejection on the risk zone - and the second did happen because of the last trends.
Even with this market breakdown trend market are at main trend still positive.
we have seen this trend more times in Bitcoin, and now it's important that we can find a confirmation trend on the 39K+
The above trends mean not for day traders, it's about the long-term hold.
Trend:
we are into a breakdown trend
Data
There is still a high chance for a new increase trend, as the month JAN still not close.
it's important to follow the trend until 14-02-2022 to get a better price action expecting for the long term
Most waiting for the 28K trend - know the same time the whales know that also, and there could be a price action before that trend, the volume on that trend is also high.
for some, this point could be a price action to buy the dip trend.
we are now below 43400, and we will check the market coming time.
Have a good weekend.
# this is not a trading call - manage your risk well - and know when to take profits/losses.
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.