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#BTC A New High This Month or Another Dip?!#BTC A New High This Month or Another Dip?! Although we take the bearish side, we cannot be biased when we explain movement on the chart, so in this update, we will try to explain the movement and the potential scenarios for bullish and bearish sides and where are the most important levels for both. if we checked daily TF we can see BTC ranging between $30K and $42K since breakout$ 30K on 2 Jan, So we can easily identify how these levels for important for the current movement due to all of this rebound from $30K make it as As a psychological barrier for traders at the present time and also $42K key resistance and fomo area!! At the same frame, we can see a Descending triangle (continuation pattern) we drew many times in the last updates but as you can see price broke out the pattern, and price very close from key resistance at $42K for bullish people based on this pattern if BTC breakout $42K and closed above it weekly or daily the targets will be $45K $48K $51K $54K and these are the most important levels above $42K and the weekly or daily close Is the confirmation sign for them. But the bearish traders looking for a double top pattern from $42K or spring to $45K and 2B pattern or shark pattern near it and many potential patterns support their view. and if any pattern of this succeeded, the price can dump easily, to $30K and lower to $23K. Here our advice, the current market structure It goes in favor of the bulls and gives a good opportunity for the bears to open short positions from higher levels so you should care about the current moment and Trade What’s Happening… Not What You Think Is Gonna Happen" and at the same time you should have an idea about the most important levels for both market sides to avoid panic or fomo and stay safe. Trading advice: $38K$34K is a good trading area with a stop-loss below $33K if the price closed below $33K daily, space will be free for bears but if you decided to trade current moment be sure you follow risk management. due to we can see some tricks in the current move. for us, we will avoid trading in the current time and We will suffice with this position from $32K.(shared with you in previous updates) What is our prediction for the next movement?! our view still bearish as you know and as long as btc didn`t close breakout the previous high at $42K daily ( During that we trade what happening). so if there any long chance with good R:R supported by the movement we will share it with you ( Don`t care about our prediction It is subject to success or failure, the final word is for chart) Remember, The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person. for us, we extract both sides and we define the best buy /sell zone and trade based on that, and what we care about is what happens. Ps: We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only. Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Press "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️ Good luck to all. we ask Allah reconcile and repay🙏
by HamadaMark
15
#BTCUSDT ( Short-term update) 4-2-2021#BTCUSDT Bulls pushed BTC from $32 K to $37K at the first week of Feb although we were looking for bearish movement this week!! in the previous update, we recommended scalping btc from $32K so if you still hold it be sure you book some profits. The current movement, showing $38K as current resistance with a move inside rising wedge pattern, we can see shakeout movement from it but if bulls hold and push BTC to breakout this level in midday move, the next stop levels will be at $39K $41K Current action: If the 4H candle closes above $38500 you can take scalping trade with targets at $39K $41K, stop-loss below the candle low (only for pro traders, spot trading). About our prediction: even if btc reached $39K it`s will still normal movement, and our bearish scenario still remains active, as long as no close above $37K weekly or monthly. or break out the previous high at $42K ( During that we trade what happening). Remember, The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person. for us, we extract both sides and we define the best buy /sell zone based on that. Ps: We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only. Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Hitting "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️ Good luck to all. we ask Allah reconcile and repay🙏
by HamadaMark
26
#BTCUSDT (Short-term update) 30-1-2021#BTCUSDT About this movement to $37K in the last 36H and the current dump you can check our last update link . Current movement: Show chance for H&S pattern which gives scalping chance from $32/$30K to $34K for right shoulder movement, by complete this pattern and closes below $30K daily next bears target will be at $28K $26K $24K $19K Our bearish view from $42K still active and based on the current performance for bulls on the Weekly and Monthly frame, We still believe the bears will push the price below 28K, and probably the current and first week of February will be bearish for btc, so if you take any trade, be sure you are following risk management. (This prediction will fail if BTC closes above $37K weekly ( During that we trade what happening). Remember, The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person. for us, we extract both sides and We define the best buy/sell zone based on that. Ps: We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only. Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Hitting "like button" and leaving your "comments" below our ideas is great and supports us provide more ideas❤️ Good luck to all. we ask Allah reconcile and repay🙏
by HamadaMark
20
#BTCUSDT (Short-term update) 26-1-2021#BTCUSDT (Short-term) After our last short-term update for BTC, The bears showed some strength and they pushed the price to $30K and to $28K zone also, Although that, bulls don`t let them close below $30K and they pushed the price to $34K after that about +15% from $30K zone!! which was a good scalping for traders from the $30K zone that we mentioned in the last update. Based on our TA, This was an expected movement of bulls from 30K levels,( But that fake breakdown to $28K was not expected) Anyway, the current movement shows bulls failed to breakout this trend line which created from the $42K zone (the update were ready to publish in last night from $34K but we got busy with some family matters) Also, if we look closely at 4/6/12 H TF we can identify An Descending triangle (continuation pattern we already drew in our charts earlier) Which means if bulls back above $37K weekly we can see BTC price rais to $51K, and in the case, if the bears push down price below $30K Daily or Weekly we will see $25K/$22K as next support !! All of these movements in the chart indicate the important levels for the current movement, at $30K (Bearish condition) $37K (Bullish condition) this what you should care about. Current action: San already posted scalping based on price movement at the $31K zone and that enough for now.(Be sure you follow risk management) Next Movement Prediction!! Our bearish view from $42K still active and based on the current performance for bulls on the Weekly and Monthly frame,I still believe the bears will push the price below 28K and probably the current and first week of February will be bearish for btc. This prediction will fail if BTC closes above $37K weekly ( During that we trade with movement). Ps: We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only. Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Hitting "like button" and leaving your "comments" below our ideas is great and supports us provide more ideas❤️ Good luck to all. we ask Allah reconcile and repay🙏
by HamadaMark
9
Bitcoin's coming bottom price-timelineThe chart tries to guesstimate a time frame for bottom. I took a fib retrace from Covid19 bottom to Recent Top and .618 is coming in around 18.4k. I took the slant of the descending triangle and added a fib channel down to the fib retrace and it gives us a time frame. Using the fib channel's .618 line it shows that meeting the .618 retrace on Feb 22nd at 18.4k. The descending triangle measured move takes us lower toward the .786 so it will be interesting to see how it plays out.
by TechniBlock
#BTC Short-term update 21/1/2021Bears breakdown $33K in mid-day move and that was a key support for bulls!! The current movement shows btc move near the first support levels at $30K in the last updates we shared with you. By closing daily below $33K next targets for bears will be at $26K $23K $21K for now, we can see some defense from bulls at $31/30K but btc still bearish as long as bulls don`t push the price above $35K again and close above it daily/weekly. Current action: if you are good with scalping you can handle with $31/30K for scalping trades, if not, then wait for our signal. Ps: We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only. Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Hitting "like button" and leaving your "comments" below our ideas is great and supports us provide more ideas❤️ Good luck to all. we ask Allah reconcile and repay🙏
by HamadaMark
9
3 possible ways for the next moments of BITCOINTechnical analysis regarding the price of BITCOIN in relation of dollar attached to Tether for the next scenarios, based on 4h movement. The price has been respecting this downward trend line that has been formed, as it left falling tops and has been walking in a bearish manner. The price may touch again and retract in that region, and may rise sharply to break and continue its upward trend. You can go straight, making the bulls breathe at that moment a little consolidated and, already push the price upwards - in case we see a significant increase in volume close to the trend line -, breaking this region, and soon after, perform a pullback and proceed. The price may break through this support region at 30k608, pull back and pick up the area below the price, which coincides with Welles Wilder's 400-period Moving Average. disclaimer *** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
by luizhcruz
#BTC Short-term update 20-1-2021#BTC Bulls fails to breakout the blue trend line and BTC price dumped by -10% to $35K again. in the last update, we explained the effect of this trend line!! The current movement for BTC above critical support at $33K if bulls holding and price rebound again to $37K, in this case, will see BTC breakout probably. if the Bulls fail to do that and the bears breakdown this support zone we will see $30K as the next level for bears!! in time like that, you have two option to do: 1-Open long position from support area with tiny stop - loss. 2-Wait for confirmation and trade with market direction. Nevertheless, we have already published this notice since 3 days ago, we want you to be sure you follow that, if you are involved with any trades, be sure you follow risk management, book some profits, move sl to break-even or entry!! BTC Pumped, ETH Pumped, and alts in good condition since 3 Jan So once BTC breakdown and personally i looking for that( i can be wrong), even if the chart looks good!! everything will be bleeding So, the main rule to be safe in the market and help you to survivor is risk management, so be sure you follow it, doesn't matter bullish or bearish. The current bullish targets above $33K located at $36K $40K $46K $51K Bearish targets below $33K located at $30K $26K $23K $21K Ps: We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only. Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Hitting "like button" and leaving your "comments" below our ideas is great and supports us provide more ideas❤️ Good luck to all. we ask Allah reconcile and repay🙏
by HamadaMark
2