BTC shows movement volume into small range trading
- Targets for BTC- 44k
Breakout chance 77%
Increase period 1-13days
Bitcoin is at this time into a small downtrend frame - If we check the chart depending on the long-term view - BTC is still in the range as the chart shows the old level is still below what makes it possible for BTC to make a new re-enter to an uptrend. old level are at 37800 around.
5% price increase will support the trend of BTC to a new increase level - and then the question is or the whales will enter to confirm the price into new green volume if BTC hits the 5%, At last, if BTC gets the 5% increase, it will make the change for more interesting by whales. so it means BTC should have a price action of 41350 with confirmation.
For day traders - there are always levels to enter and to get out with SL.
This chart is more for the coming time view - circa 2 weeks trend picture
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time.
- Targets for BTC- 44k
Breakout chance 77%
Increase period 1-13days
Bitcoin is at this time into a small downtrend frame - If we check the chart depending on the long-term view - BTC is still in the range as the chart shows the old level is still below what makes it possible for BTC to make a new re-enter to an uptrend. old level are at 37800 around.
5% price increase will support the trend of BTC to a new increase level - and then the question is or the whales will enter to confirm the price into new green volume if BTC hits the 5%, At last, if BTC gets the 5% increase, it will make the change for more interesting by whales. so it means BTC should have a price action of 41350 with confirmation.
For day traders - there are always levels to enter and to get out with SL.
This chart is more for the coming time view - circa 2 weeks trend picture
The above models are the expecting frames, which means there is no guarantee it will happen 100%
It's important to study all-time you trades well before entering any market.
It's always important to check the markets on all sides - markets can change all time.