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HamadaMark
Dec 27, 2018 3:04 PM

#BTC H&S bring Fomo to Market  

Bitcoin / United States DollarCoinbase

描述

First, educate yourself and know about this pattern Inverse Head And Shoulder !!
investopedia.com/terms/i/inverseheadandshoulders.asp

What the Fomo means at Crypto?!
FOMO is a more personal thing. Its the fear of missing out on something that others are enjoying (for example the fear of missing out on Bitcoin gains while others are picking out their Lambos). FOMO might drive you to buy into a coin, not take profits on a coin, or not to set stops on a coin that has already gone up considerably. It is the idea you get in your head that rational profit taking or waiting for a reentry point now will result in you missing out. This fear of missing out is what causes people to buy at the top or hold during a dip after making profits (only to lose some or all of their profits again). People can be said to get FOMO when they act on impulse due to the fear of missing out.
The common thread here is that these are both emotional and fear-based factors that affect traders in the crypto market (and in other markets as well).
Source

Market history with the current Pattern and also our interaction with it:
Since the end of 2017, BTC saw 3 H&S patterns at daily frame:


if you have a good memory whole market was talking and following this pattern at this time
This was our Comment and our expectations for this pattern at this time
Check it
prntscr.com/m062jw




at this one, we had open signals already, before the chart shows H&S or people starting talking about it, like now
and this was our signals from $5850/6100/6250

Also, our expectations for the pattern to breakout directly without complete right shoulder but Pattern complete it and reach our targets at the end
prntscr.com/m0695l
And this was our updates about at this time about this pattern




Now the third pattern between 22 Nov and 5 Jan
before we talk, about It is worth mentioning that we have already drawn this pattern by specifically on December 10 last
One of our fans was puzzled by the matter and said isn't it too early to predict and draw inverse head and shoulders?
That was our answer
prntscr.com/ly5rgs
bit.ly/2EJzEiO
and now and the same thing happens, whole people talk about this pattern, and most analysts paint it by away or another.


about our expectation for the next movement we already shared it at this update

our expectation:
btc will breakout to $4400 /$4900/$5200/$5650/$5750, this expect will fail if btc close below $3650/3500 Daily/Weekly
Note:
The expectation, too, does not mean imposing what you want on a fait accompli.
In the latter, the reality is the movement on which we sell and buy based on it, not the expectation.

our analysis and reads for btc movement at many frames at this update


After reading BTC trading frames?! what we extract from them?!
-$3600/3500 is an important level and last defend line for bulls so keep your eyes on it, if we get a good reaction from it, properly we will open long signal from it
-Break $3500$3400 with a full bearish candle will lead btc to another dip
-SMA 200 is a major support for btc so closing below it would have bad consequences to market
-Break SMA 150 with weekly close will bring more bullish movement
-Dec performance until now is good Btc show long wick from SMA 50 also fib level, for that we added Dec as an important date for btc due performance for btc at this month will indicate how btc will start 2019 new year, so closing with a long wick, probably we will see a green Jan

===============================================

#The most important events during this year from Dec 2017 to Dec 2018
bit.ly/2QnbrEU

Our Current Signals
1-we added $3150/3200 as long entry at 16 Dec gained +24% still active stop at entry
2-from $3550 gained +10% still active stop at entry
3--from $3350 gained + 16% still active stop at entry
3 signals have 1 and last target is HOLD


#Statement for our work with btc during this storm from 8 Dec until today 21 Dec 2018
Net Profit for btc long signals = 68.08% Without Leverage X10 =680 %
Proof
bit.ly/2LA357u

# Previous Statement for our work with btc during this storm from 14 Nov until today 8 Dec 2018
Net Profit for btc long signals = 54.55% Without Leverage X10 = 540 % about 28 Signal
about 6 short updates and analysis
Total - 73 %Without Leverage, X10 =730%
Proof
bit.ly/2zQmoVv


Our prediction for a big move at btc since 2 Nov 2018
bit.ly/2S8d45Z
Proof
bit.ly/2DPAo5p

Our time prediction Since 16 Dec
If btc didn't take aside until 21/23 Dec probably he will join sideways
After that Btc Bounce +26% Since this prediction
Proof
prntscr.com/lx5g7h

About MarketCap
Since our prediction Cap Bounce +37%
Due to this rebound, you saw many alts pumped at last days
read updates
bit.ly/2V2IexT
bit.ly/2QQ5cKk

Current Action:
Buy Btc between $3750/3500

Targets
$3850
$4200
HOLD
HOLD

Stop_loss:
$3330

Set your own risk

Also, many alts have the same pattern so you set your plan and play with them "BTC lead The Herd as we explained before"
be sure you follow capital management even if you saw an inverse pattern support your buy this pattern can fail as like any pattern and at this case, we will see full panic so don`t make news or patterns or peoples fomo you, and be sure you follow capital management

Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay

评论

#BTC Move in $3600/3500 u can start to buy it
Stop_loss $3330

Note
be sure you follow capital management even if you saw an inverse pattern support your buy this pattern can fail as like any pattern and at this case, we will see full panic so don`t make news or patterns or peoples fomo you, and be sure you follow capital management
we ask Allah reconcile and repay

交易结束:到达目标

#Btc good rebound from $3560
We were recommended to start buy btc at last update
Btc from $3580
hit first target at $3850 up to 39xx
Next targets
$4200
HOLD
HOLD

=========
Current signals
From $3200/3150 gained 24%
From $3350 gained 16%
From $3550 gained 10%
Last target is hold
Stop at entry
We ask Allah reconcile and repay

评论

New Update


We ask Allah reconcile and repay
评论
UnknownUnicorn1615160
BTC bounced off the 61.8 Fib retracement from the recent high of 4.2k. Hope you bought the dip! 4.4k is the next major target then to 4.8k.

InvestingScope
Hi Mark, you are doing a great job as always. We have a similar bullish perspective expecting to catch at least the long leg to the 1D Resistance:

JCBueno
hello what are the 4 moving averages you have here?
HamadaMark
@Tradetests,
Sma 50/100/200
alpakal
Great detailed analysis dear Hamada, as always! Thanks for all your efforts bro!!
HamadaMark
Thanks for your feedback dear brother @alpakal,
Md7007
Another great analysis, Thank you very much
@HamadaMark
HamadaMark
Thanks for your feedback dear @Md7007,
bsgold
Thank you Mark!
HamadaMark
U are welcome dear @bsgold, thank for your feedback
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