There is before an uploaded idea about the trend, as you can read here below with different view for the small time frame.
The reason for this view - is more about the whale trend.
BTC For a low time frame, it shows BTC is on the time frame - so it means confirmation between uptrend and downtrend.
MY personally view: BTC are into long-term trend still into uptrend - and cycles whales could make an unexpected breakout to 50k+ with coming time. for day traders its important to follow the low time frame - so there could be selling orders, and buy orders.
Why there is still a high chance of a breakout trend to 50k+ First of all, depending on the cycle counting trend - this is also made by our ETN tool, further the data and trends.
Is this 100% sure that BTC is going to breakout? There is noting 100% into trading - there can be always unexpected trends - this view is about the data of now.
For the short term, we are into this time frame - and BTC should come healthy out. as BTC is now below 45500
The whale trend of 50300 USD is a very important target, and it's not from notes, it's an important level in the BTC trend that confirms the historical trend. Further, it means not that it should come directly - but it's the main target for BTC.
You can see here below the before ETN update for the 48K trend expected 1 month ago - and the main target will stay 50300 as an important target. The same idea that ETN tool did predict 1 month ago.
Trend and volume and TA are fine - but a whale plan changes all. it's always good for skilled traders and new traders to check more about the whale trend.
Have good time
This is not a trading call but a view from our channel - and Trade always depends on your setups There is no 100% guarantee in trading - it all depends on the high chance of study counting, data, trends.
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