watchtrend

BITCOIN Depending on TA into new Breakdown trend

Short
watchtrend Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello trading friends,


This is An update for BTCUSDT depending on the TA trend.

Bitcoin had before an increasing trend to 40k+ depending on the last update did also add that it can be a fake bull trend - and later we have seen that the increase did not confirm the time frame. as you can see in the previous chart.


It's important to follow the coming trend of BTC since BTC is now at the breakdown trend time frame.
Further, if this trend goes further we can see soon 37.8, from there a possible huge recovery trend to 34.8 - this will happen only if this breakdown gets further confirmed, as we are now exactly at the time frame.

Know that trend changes can take some time, and with live updates coming time we can expect better the trend.

Have a great time - we will see coming time the new changes.

Depending on TA trends we are now into a new breakdown trend.



# this is not a trading call - also BTC can change unexpectedly since the last trends in Ukraine and Russia - on this reason manage always your risk.
Comment:
🚁BTC is now by time frame area - below this trend with confirmation means further break the downtrend. Depending on TA BTC are into breakdown trend.
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