Hello trading friends,
Since the last trends, BTC did increase to 44K + and at the same time, this zone is a split zone.
Into the before update we did add about the whale protection trend on the 42K zone.
All markets have uptrends and downtrends, for this reason, follow always the last market trend if you are a daytrader or short-term trader.
with following last trends data - you will be at last following a model that changes as the markets do.
If the trend gets a positive trend - we could hit the coming time 45400+ as an important power line. but at the same time check always the last trends on BTC - as it can get unexpected.
waiting to see or BTC will go to the blue trend line as the chart shows, that would make it more positive for BTC.
In short words: We are now still into uptrend depending on live data - and at the same time it's the split zone - further risk management should be high if the trend returns back.
Have a great time.
# This is not a trading call - trade only depending on your setups.
Since the last trends, BTC did increase to 44K + and at the same time, this zone is a split zone.
Into the before update we did add about the whale protection trend on the 42K zone.
All markets have uptrends and downtrends, for this reason, follow always the last market trend if you are a daytrader or short-term trader.
with following last trends data - you will be at last following a model that changes as the markets do.
If the trend gets a positive trend - we could hit the coming time 45400+ as an important power line. but at the same time check always the last trends on BTC - as it can get unexpected.
waiting to see or BTC will go to the blue trend line as the chart shows, that would make it more positive for BTC.
In short words: We are now still into uptrend depending on live data - and at the same time it's the split zone - further risk management should be high if the trend returns back.
Have a great time.
# This is not a trading call - trade only depending on your setups.
Comment:
On the side of Alts - IOTA, IOTX, SKL are into interesting TA zones.
Comment:
How more BTC get confirmed with time frame - how high the chance next target 45400+