breakerblock
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$TRB
Trb has break the trendline resistance and also the horizontal resistance as well a good indication of a bullish momentum.
but the question is, is it already bullish?
well in daily time frame it is not yet a clear bullish structure even if it breaks the trendline's resistance, as you can see it must break the upper range first before we can consider it a bullish daily bias don't get me wrong we re talking daily bias here.
but in the lower frame like 4hr chart and 1hr chart it is already considered bullish structure it just need a 2nd confirmation retracement to show it's support level's strength.
don't chase a potential falling 🔪 you might 🩸
not financial advice 🔥🤫
Dyor tayor nfa.
#BullorBear #TRBAnalysis #DailyTrade #breakerblock
Trb has break the trendline resistance and also the horizontal resistance as well a good indication of a bullish momentum.
but the question is, is it already bullish?
well in daily time frame it is not yet a clear bullish structure even if it breaks the trendline's resistance, as you can see it must break the upper range first before we can consider it a bullish daily bias don't get me wrong we re talking daily bias here.
but in the lower frame like 4hr chart and 1hr chart it is already considered bullish structure it just need a 2nd confirmation retracement to show it's support level's strength.
don't chase a potential falling 🔪 you might 🩸
not financial advice 🔥🤫
Dyor tayor nfa.
#BullorBear #TRBAnalysis #DailyTrade #breakerblock
Here are some reasons why cryptocurrency prices have been decreasing
Strong U.S. factory data has led to a strengthening of the U.S. dollar index, which could negatively impact Bitcoin's price.
The Federal Reserve's interest rate decision is expected to be announced soon.
The stall in spot Bitcoin ETF inflows is affecting Bitcoin's price.
The U.S. central bank may not cut interest rates at all this year.
Investors are gradually getting used to the fact that interest rates will not be cut this year.
There has been a collective net outflow of funds from the 11 Spot Bitcoin ETFs.
#breakerblock #newsdaily #newwallet #news_Tickeron #news2024 $BTC $ETH $BTC
Strong U.S. factory data has led to a strengthening of the U.S. dollar index, which could negatively impact Bitcoin's price.
The Federal Reserve's interest rate decision is expected to be announced soon.
The stall in spot Bitcoin ETF inflows is affecting Bitcoin's price.
The U.S. central bank may not cut interest rates at all this year.
Investors are gradually getting used to the fact that interest rates will not be cut this year.
There has been a collective net outflow of funds from the 11 Spot Bitcoin ETFs.
#breakerblock #newsdaily #newwallet #news_Tickeron #news2024 $BTC $ETH $BTC
$TRB
Trb has break the trendline resistance and also the horizontal resistance as well a good indication of a bullish momentum.
but the question is, is it already bullish?
well in daily time frame it is not yet a clear bullish structure even if it breaks the trendline's resistance, as you can see it must break the upper range first before we can consider it a bullish daily bias don't get me wrong we re talking daily bias here.
but in the lower frame like 4hr chart and 1hr chart it is already considered bullish structure it just need a 2nd confirmation retracement to show it's support level's strength.
don't chase a potential falling 🔪 you might 🩸
not financial advice 🔥🤫
Dyor tayor nfa.
#BullorBear #TRBAnalysis #DailyTrade #breakerblock
Trb has break the trendline resistance and also the horizontal resistance as well a good indication of a bullish momentum.
but the question is, is it already bullish?
well in daily time frame it is not yet a clear bullish structure even if it breaks the trendline's resistance, as you can see it must break the upper range first before we can consider it a bullish daily bias don't get me wrong we re talking daily bias here.
but in the lower frame like 4hr chart and 1hr chart it is already considered bullish structure it just need a 2nd confirmation retracement to show it's support level's strength.
don't chase a potential falling 🔪 you might 🩸
not financial advice 🔥🤫
Dyor tayor nfa.
#BullorBear #TRBAnalysis #DailyTrade #breakerblock