as promist i confirm the trend for btc at this moment, and even as it looks increase trend - bitcoin can start soon for a new huge breakdown trend to 44K at long term -- we have done almost more btc updates, and all of them are right, this mean not we will be always right, but we follow 24/7 the markets and trends, and we believe in our tools.
Dont be fomo, if you have profits take them, and wait for the confirmation re-entery.
we have said it at time again as we do always! we use the best tools to expect btc price , Depending on TA trends data history and news.
Why do we expect a breakdown trend, beacuase we expect a whale sell from this area. we have seen this before also in 2019 with the chinese whale trends, that depending on the AOG lines and this are exactly same.
Can we increase further, Yes its possible, but there is high risk for return below 50K again
Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading.
#Always do your own research don't follow us or someone else blindly
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Our before long target
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As its adding on into my view, dont take this as advice, you can do what you want, and you are free to do what you want. i just give you what we expecting depending on data.
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it can increase more than the target, but our main goal are the breakdown trend. bitcoin need some time to go the expecting point, and we did see this also with our before target.
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There will be unexpected for the most down trend at btc - depending on whale sell. DMN transactions already tracked on all exchanges.
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DAY target : below 50K
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USDT INCREASE - AND BREAKDOWN TREND FOR BTC.
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There are also some signals for down trend on more stockmarkets as SPX DJI DOW If we will confirm this trends next time, it will support btc to dump more - btc have a very clear effect with stockmarkets also. we have seen this before with the huge markets crash, and this did effect btc.
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WE can expecy any moment from this trend a whale candle for breakdown trend.
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Its important for some whales to make first some fake increase trends before the real breakdown trend. Later more about it
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I am not using this word ( free fall) to much. but into this trend its possible we will have a FREE FALL trend on bitcoin. waiting for confirmation from chinese market btc over some hours.
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TA SHOWS EXACTLY on the 54500+ AREA at 23-02-2021 a breakdown trend to 44K trend. this are only a extra confirmation from history, but we using more trends than only TA trends.
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And we complete our fully target of the breakdown BTC for short with this last chart
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Our chart ideas are complete. we will follow the next chinese markts trending.
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Fake trend in made for the down trend order. its in this case better if it increase to get the right volume for breakdown trend. and possible free fall. dont expect to fast, btc go into lines, and can take some time.
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BE alert for possible Free fall from this trend.
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Effect of whale enter - possible breakdown trend
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As the trend increase - still expecting the breakdown trend as we are TNW level.
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Its breakdown time!
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Bitcoin can breakdown to 52K , from there possible 50K short time.
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Whales still selling into 53K area Our Short target are more below , but we expecting at last 50-52K, and if we get a RLM target, than we will see a bear trend, what means a full sell.
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Expecting more selll trends
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Expecting depending on trend that Bitcoin will breakdown to 52K area. with a possible trend to 50K.
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i will close for today here the Live trends. Thank you for watching. Follow our channel for more.
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From 56K the bear trend in MTG. still the breakdown + free fall expected.
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Be Alert with 56k - a confirmed breakdown can start from that area.
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56.6 can be good point for breakdown trend.
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WE still not interesting in btc, as we expect a market recovery. some trends go on the time, and dont expect them directly
What alert? What single? Did a birdy tell you?? Where do you base your analysis off?/ Because I see nothing in your chart telling me that the market will take a downturn? I am at loss for words for some of the trading view TA. Go read a book on trading.
watchtrend
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@TheCryptAlpha, Thank you for your feedback, its more depending on us study, we do always 24/7 market follow, we never choice a side, the side markets shows us we enter it. and depending on data long term we expect bear trend.
watchtrend
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@TheCryptAlpha, as long we make trade to trade rhigt we know what we do. Thanks for your feedback. RSI Emma and all that book stuff don’t work you should have a trading talent
@FraterOculus, lol boy was he wrong! We didn't come close to a "free fall"
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@Peacelanese, Precisely timed the breakdown, I dunno what the definition of "free fall" is but the market dropped about 4000 points in ten minutes, I'd say that qualifies decent, even if it wasn't a correction
Peacelanese
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I hope you’re correct
watchtrend
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@Peacelanese, Thank you for your feedback, always do also your own study.
What nonsense, based on nothing but your Chrystal ball as I understand correctly. Nothing in your chart suggest this sell off you are talking about. Not saying it won't happen, but your chart and prediction of whales selling makes no sense at all.