At This Article We will Provide 3 ways for analysis BTC What Current Movement means? Is New Trend Start? Why Alts Drop Hard? Have You Missed the Dip? Where the New Buy limit? Where is New ATH? Our Thought About BTC!!
============================= Before we Start we need you know That,
analyze charting come in many ways.
There are some people follow the astronomy analysis to see the market trend as an example. This does not mean that we are practicing astronomy.
But goal is There are countless ways to analyze the chart
The important thing is People use These methods, to achieve success in the end.
-Notice
we are human sometimes we be right, sometimes we are wrong. but in the end, we try to be a success, so if you agree or disagree with our view, you should own view. =============================
4 Ways for analyzing BTC
1- Come in through the Moving Averages
We used the Gann angles as inputs for this Moving Averages In fact, it is Gann Angles " Is wrong Name" the ancient Egyptians Who is first used angles B.C. by more than 3,000 years You can saw that Triangle at Egyptian Pyramids and this geometrical shape comes with an angle of 90 degrees Depending on the type of triangle.
But anyway, the first who are uses angles in trading, we know from books he called WD Gann "William Delbert Gann". we know It is not a history Class, but we like to put things in perspective.
- we used Moving Averages with angles at this analysis
first, if you don`t know anything about Moving Average read this article.
22 Close / Color Pink 45 Close / Color Brown 90 Close / Color Blue 180 Close / Color Red
after using this inputs we got averages of candle closing
and if you check them you will found them is powerful resistance / Support area
after price break down SMA 22 from $9950 we can see price move below it as like trend line until last week we just got breakout but not confirm yet this week
then after the breakdown from $9950 reach SMA 45 at $6700/6000 look and watch what happened after touch SMA 45 the Blue Circle
from this SMA 45 Price rebound to $11250 But still below SMA 22 work as a trend line for movement
Step by step price down once again and can`t pass SAM 22 to reach his Support Strong one at SMA 90 Then what? look to snap Shoot
you see the price from SMA 90 rebound once again to SMA 22 the trend line and We can clearly see this green candle breakout SMA 22 but no confirmation yet
About the Current movement, What this way of analysis say?
Say Resistance at $9500 Support at $7650 Very simple and very clear
if you like this way and want us to continue this article with the 3 ways we provide one we still have 2 What Current Movement means? Is New Trend Start? Why Alts Drop Hard? Have You Missed the Dip? Where the New Buy limit? Where is New ATH? Our Thought About BTC!! press like / add your feedback / share it with your friends we ask Allah reconcile and repay
Comment
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The Second Way is time analysis if you following our articles you already read our topic about time analysis
Also, our last signal from $7680 provides by time analysis Check it....
after reading our topic about time analysis you now know how it works.
we start this movement from $891 at 20/3/2017 Mega Bullish movement for 270 days 45 candle at 6 days time frame we use this frame because he gives good results.
check this snapshoot
45 is the first angle at Octagon shape Then, after 45 candles what happened?
after CME entry Crypto world at day 15/12/2017 Btc starting dips, this not coincidence There is no room here for coincidenceses.
Check Snapshot with data bar
So we follow this cycles well.
At 10/9/2018 we don`t know what will happen but at this data, the movement will change to bullish or bearish we already start to grow up but this movement doesn`t mean we start the new trend yet. we already set conditions for new trend will add mentioned them once again at next updates
if you like this way and want us to continue this article with the 3 ways we provide 2 we still have 1 What Current Movement means? Is New Trend Start? Why Alts Drop Hard? Have You Missed the Dip? Where the New Buy limit? Where is New ATH? Our Thought About BTC!! press like / add your feedback / share it with your friends we ask Allah reconcile and repay
Chart patterns Type of Chart Patterns Crypto trading patterns are divided in groups based on the potential price direction of the pattern. There are three main types of chart patterns classified in Forex technical charting.
Continuation Chart Patterns The trend continuation chart pattern appears when the price is trending. If you spot a continuation chart pattern during a trend, this means the price is correcting. In this manner, continuation patterns indicate that a new move in the same direction is likely to occur. Some of the most popular continuation chart formations are: pennants, rectangles and corrective wedges.
Reversal Chart Patterns The trend reversal chart patterns appear at the end of a trend. If you see a reversal chart formation when the price is trending, in most of the cases the price move will reverse with the confirmation of the formation.
In other words, reversal chart patterns indicate that the current trend is about to end and a new contrary move is on its way! The most popular reversal chart patterns are: double (or triple) top/bottom, head and shoulders, reversal wedges, ascending/ descending triangle.
Neutral Chart Patterns These are the chart formations which are likely to push the price toward a new move, but the direction is unknown. Neutral chart patterns may appear during trends or non-trending periods. You may wonder what value there may be in neutral chart formations, since we are unable to know the likely direction.
But actually, spotting a neutral chart pattern is still quite valuable as you can still trade an upcoming move. When the price confirms a neutral chart pattern, you can open a position in the direction of the breakout!
and for trading with this patterns most people wait for bottom of pattern or breakout with confrim then trade right now we didn`t breakout it yet
Breakout come if we close weekly above $9950
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Comment
Also if we close below $5000 weekly means this pattern failed
The Current movement comes on Through people, normal Traders, us we held BTC well, above $5850 for 31 days maybe without any volume without whales.
EFT people say EFT check when EFT Fud come we didn`t know much about EFT bout we follow this FUD come as a help tool no more, not the main tool to move the chart.
this movement means people believe in BTC they ask for the moon, not dips, all people ask for green not red this normal but the last word for the chart.
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many people ask and we already answered this question many times before
Check this you will found a clear answer on it Here...
For use, the new trend / new ATH will come if we close as we said above $12500 weekly/Monthly we set the first step as breakout $8800 add $9950 weekly
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Why Alts Drop Hard?
Psychological Deception
if you want to make something shine? what will you do?
Sure, make all eyes look to it.
This happen now, and happened before at Nov / Dec 2017
Psychological Deception at 2017 all the media talked about BTC, Everyone knew the name, many people without any experience enter the market for free profit, some get it some lost everything.
That what they do now
make all eyes on btc, only btc move and growing,if you here since 3/5 month not 10 years, you will know when btc move everything move
Btc like USD at forex trading
So
for know all money run to btc to make it shine again to make new money come to market, to make people say BTC to moon btc recovery btc will fly BTC $100.000 end of the month
That the point Psychological Deception
if you want to make something shine? what will you do? Sure, make all eyes look to it.
So
many people sell alts to buy btc this main thing for make alts drop like a submarine to the ocean they look for profit so they do that.
Whales love it free profit to them clear way with any walls means easy Pump and we saw that some alts pump hard suddenly last days.
so avoid this Psychological Deception use your mind, kill the panic.
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================================= ================================= Have You Missed the Dip? Ask your self when you want to buy BTC at $15000 and looking for $100.000 So at $8000 have you missed the dips?
at the market, you have money/ chart/mind
the most important thing at this 3 thing is your mind by your mind
you will make money you will analyze the chart set plan follow capital management learn how you can make it useful for you
About dips
we still follow our plan at $2500 since Feb so for that this not dips for us
but you know we trade with movement and have many signals all of them gained profit and some still active all Thanks to Allah
but also we have a plan and with conditions and it`s didn`t failed yet so we follow it
this doesn`t mean short BTC never use the leverage they make it to stolen your money and you agree.
Where the New Buy limit?
from current movement, we located the new buy limit at $7700/7550 with 10% only of your capital Stop at $7300 Trade has a high risk if failed we will wait for $5500
if we get breakout direct for $8800 $9950 we will wait for another buy zone with a good target.
but located buy zone for now at $7700/7550.
Where is New ATH?
if BTC passed $12500 with weekly/monthly close and active our condition for the new trend we expect new ATH will be at $25.000 at $32000 Max $37000 All of them is a good levels
Our Thought About BTC!!
Btc Is plan B for the world Get what passes without you seeing it Money laundering Escape from inflation Just a condo tool only
But Blockchain Are the future and the basis for survival
some coins here have good ideas real project good tool for use them at real live this coins will be here for a long time
But at the end, The chicken give golden egg every day why we kill it!!
you agree or disagree with it, this our thought since a long time.
At the end. if we should say Thanks, All Thanks to Allah, He is our teacher and guide in that life. we ask Allah reconcile and repay
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if you looking for updates check this chart we ask Allah reconcile and repay
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