Updated View on BitCoin BTC/USD (20 MAR 2020)
BTC has some extreme move recently and it is now making a pullback.
I expect it can swing to strong resistance $7,000 as a retest and at the same time, keep in mind that BTC is overall under downtrend.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
BTC has some extreme move recently and it is now making a pullback.
I expect it can swing to strong resistance $7,000 as a retest and at the same time, keep in mind that BTC is overall under downtrend.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Note
Update on BitCoin BTCUSD (25 MAR 2020)Our Take Profit Level hit.
Learn how to be a good market observer. The chart/technical analysis will eventually follow.
It can swing to $7,100 - $7,200 soon.
Note
Update on BitCoin BTCUSD (27 MAR 2020)BTC is about to break out and drift higher first.
Due to the Trillions QE announcement by the United States, USD is under bear pressure temporarily.
I am expecting it could reach $7,200 soon.
Trade closed: target reached
Update on BitCoin BTCUSD (3 APR 2020)Follow our analysis? Congrats. The info is FREE.
BitCoin Just hit our take profit level.
Be Safe.
Note
Updated View on BitCoin BTC/USD (12 APR 2020)BTC has hit the strong resistant region of $7k-$7.2K regions and it is making a minor pullback.
We expect the $6,000 region shall act as strong support and as long as the price manages to stay about of that region, we may see the BTC breaks higher soon.
Note
Updated View on BitCoin BTC/USD (24 APR 2020)Did you follow our analysis? Our TP level is hit. Well almost.
No, hindsight trading baby.
Note
Updated View on BitCoin BTC/USD (10 MAY 2020)Followed our BitCoin Analysis on 12 APR? We had a $3,0000 rise on BTC.
Now it has hit 10k resistant making a pull back for now.
I want to focus on $9,000 level. If the price manages to rise above it again, the bull shall resume again.
Note
Updated View on BitCoin BTC/USD (17 MAY 2020)BitCoin has found immediate support near $8,500 region and it shall attempt to retest $10,000 again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Note
Updated View on BitCoin BTC/USD (22 MAY 2020)BitCoin has found it's the hard overhead ceiling at $10,000 level and it is making a pullback right now.
It can travel to $8,000 region first before attempting to break the $10,000 resistant again. If you are looking for a buy, please be patient.
Note
Updated View on BitCoin BTC/USD (29 MAY 2020)BitCoin is trying to rush back into the old resistant region of 9,770-10,000.
Let's see if they can break out that strong resistance.
It is not advisable to take any short at this moment just yet. There is not price action to be on the Short side.
Note
Updated View on BitCoin BTC/USD (31 MAY 2020)As we expected, it has tried to retest the resistant region $10,000 and they may try a few times.
Anyway, sooner or later it shall achieve the breakout attempt soon and $10,250 shall be the next.
Note
Updated View On BitCoin (2 JUNE 2020)Have you been following our analysis since 20 MAY 2020?
It has been a joy ride.
It has hit our TP level. Well, Almost!
Note
Updated View On BitCoin (7 JUNE 2020)Bitcoin is hovering at the strong resistance of $10,000.
As long as the $8,000 region is holding very well, we have to say it is still in the UP trend and it will be just a matter of time before it breaks out $10,000 region.
Note
Updated View on BitCoin BTC/USD (13 JUNE 2020)Bitcoin is in a range period lately while using $10,000 as the strong resistance.
You do not have to buy in at this moment.
It may do a minor swing back "first" before it comes back up.
If you want to buy $8,320 to $8,700 will be a nice place to look for a long position.
Note
Updated View on BitCoin BTC/USD (21 JUNE 2020)Bitcoin is "still" in the wild swing mood as it travels around $8,500 to $10,000 region.
But as long as $8,200 - $8,800 region is supported well, it is still under the Bullish mode and we shall see $10,000 or even higher.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Note
Updated View on BitCoin BTC/USD (26 JUNE 2020)Bitcoin is "still" in the wild swing mood and it has a nice bull reversal as far as the yesterday candle is concerned.
It shall use $8,000 and $8,500 as a strong support region while it attempts to reclaim the $10,000 region again soon.
Note
Updated View on BitCoin BTC/USD (24 JULY 2020)Bitcoin is trying to penetrate the resistant area that created last June. It spans from 9300-9700 region.
As a swing, it should be able to restest 9725 regions soon or even higher.
It is a better bet to stay on the LONG/BUY side.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Trade closed: target reached
Updated View On BTC/USD (26 JULY 2020)Our expect TP of $9,725 - $10,000 region is hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Telegram: t.me/sonictraders
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.