This is a small update for BTCUSDT - and we call it Coffee time update for the chart of 30 min. I know those who trade Bitcoin ask themself why this trend it goes up, then back and it stays stable.. I mean if we check the last hours then we see bitcoin play between 32800- 33700 zone, and I know it's not the best trading times for a trader that likes to swing the trend. Bitcoin and price movement. I can't say more than this is bitcoin and sometimes bitcoin go on the way and it can go slowly, and sometimes it shows for a long time no an effect, until, that changer enter the bitcoin market - (whales). when we check the history of bitcoin, and I have seen these before - the slow trends result in most time into an out trend, breakout, or breakdown. for now, looking for a breakout and with an end goal the 36k+.
Bitcoin moves between the lines, and there will come a moment where you will see bitcoin changing the trend If you think it's not good to trade at this time, and you see it's too risky, then follow always your plan. Manage your risk # into the chart we did also add about the risk zone before, so manage always your risks and don't trade with not SL The 30 min chart idea As you can see we did explain some trends also from the history, check the chart for trend examples. I did give the example of a secure trend where a possible SL can be, there are also more SL possible below the second trending line. Bitcoin trend in the next updates, I will explain more about the coming trends - and I will end this content with - BTC go on their way and sometimes it can be very slow, and volume can be low -- until a whale entering the trend then it becomes more powerful. Trade safe, and have nice coffee time.
If you want to read more about BTC targets see the update here below.
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