#BTC By closing above $11200 daily Btc started new short term cycle and went up directly to $13400 right now!!
in the last update, Btc price was $11670 and we mentioned next targets as short trem $11800 $12000 we didn`t mention more levels due to as you see we were using the phone and we had limited access to the chart!!
New Updates: Btc Very close from weekly resistance 13700/14250 (0.708 fib level) if we got price action from these levels, that would be nice for people who looking for btc entry !! Breakout this levels we will push to $15200 first resistance in long term update after $11500
Current Action: We will wait for price action from $13750/14200 as short term update to extract new entry !!
In long term update, we waiting for a monthly close above $11500 as we mentioned since breakout $7500 to confirm new ATH targets
Our signals: all of them still active the last target is Hold we hold for max profit $3150 ( Signal Proof) Hit $13400 $3322 ( Signal Proof) Hit $13400 $3762 ( Signal Proof) Hit $13400 $4050 ( Signal Proof) Hit $13400
$7800 ( Signal Proof) Booked Profit at $8550 Price Hit $13400 $8245 ( Signal Proof) Booked Profit at $9070 Price Hit $13400 $8720 ( Signal Proof) Booked Profit at $9100 Price Hit $13400 $9350 closed at $9280 -0.75% ( Signal Proof) $9260 ( Signal Proof) Booked profit at $9700 Price Hit $13400 $10550 ( Signal Proof) Booked profit at $10850 then hit sl at entry $10650 ( Signal Proof ) Booked profit at $10900 Price Hit $11240 Then hit sl at entry $10950 ( Signal Proof ) Booked profit at $12000 Price Hit $13400 All of these signals gained good profit passed 100% and last target still hold Sl at entry !!
About our prediction Since breakout $5500?! Btc moving in a critical range, the whole movement can be a trap or real recovery, but as we said before close above $7500 means btc takes first recovery step, but to confirm more bullish steps, btc still need to move, so putting prediction, it's like gambling with current movement!! But anyway as long as btc hold above $5500 Monthly we expect more growth for btc and the bullish view will confirm by breaking $11500 monthly as we mentioned !!
After all, you need to know The expectation does not mean imposing what you want on a fait accompli It's just a conclusion from the current movement of what will happen in the future But does not necessarily mean the success of that conclusion anyway..., the reality and what happens, is the movement on which we sell and buy based on it, not the expectation. so if our expectation succeeds, we trade depending on movement, if it fails, we follow and trade with movement also, so we trade and care about movement more than expectation!! So if btc follow what we expect this will be nice, fail to do that we care about movement and trading it no more
Ps: we don`t short btc but we analysis bullish and bearish movement to extract best entry levels for btc !! we don`t use leverage in our signals never!!
Our analysis contains two types of updates 1-short term updates
In these updates, we talk about current movement with support and resistance for it and conditions to complete the main trend like this update about movement between $9000/$11500
2- Mid&Long term updates
In these updates, we talk about the main trend and major support and resistance and best buy zones for trend, and retracement levels and ATH targets also we add perdition for the next movement
We shared two updates talking about that
1- 2-
To avoid confusion As Daily trader care about short term updates only As an investor, u should be looking for Mid&long term updates For us as analysts, we care about these two types due to all of them running into one cycle!!
last scalp from 13690 close at current price 13690
there are bearish DV on 5 Min frame We ask Allah reconcile and repay
評論
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2 Hours ago:
Btc Very close from weekly resistance 13700/14250 (0.708 fib level) if we got price action from these levels, that would be nice for people who looking for btc entry !! Breakout this levels we will push to $15200 first resistance in long term update after $11500
Current Action: We will wait for price action from $13750/14200 as short term update to extract new entry !! In long term update, we waiting for a monthly close above $11500 as we mentioned since breakout $7500 to confirm new ATH targets
We ask Allah reconcile and repay
評論
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Dump as we expect
We ask Allah reconcile and repay
評論
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Scalping Buy between 11250/11000 Invest:5%
Targets 11350 11550 Hold
Stop_loss: 10850
We ask Allah reconcile and repay
評論
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取消訂單
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#BTC Hit 11350 Then rebound to 12150
Cancel last scalping from 11250/11000
we ask Allah reconcile and repay
評論
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Maybe you ask why we closed last scalping from 13690 at entry after TP1 then reserve to bearish view ?!
Here is your answer
5 Min and 15 Min was showing bearish Divergence
it`s normal any Divergence can false sign it easy thing and happen many times, but what we can`t skip we were waiting for price action from 13750 /14200 to indicate a retracement move as we mentioned in the update
2- in 1 H TF BTC showed bearish price action ( HangMan Pattern)
So bearish Divergence and HangMan pattern from the resistance have we mentioned as strong levels, what we should do?!
of course, wait for dump and close signal so we turned to bearish, and closed our scalp signal from 13690 at entry, even if btc goes up we did the right thing
Then Btc dump from 13750 to $11350 !! after that by short time
Jazak Allah Khair Brother. Your conclusions are nicely detailed. How best to trade the psychological levels of resistance, like today and like ATH at 20,000?
HamadaMark
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Thanks, bro @bakkah,
BTCINVESTING
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thx as always, bro. now we at pivot r3, 1.618 fib and 2 at the fib band. i expect a short and sharp correction.
HamadaMark
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@btcinvests, Check RSI 5 / 15 /30 /1 H all of them shows bearish dv for that we closed last scalping