Good morning dears bulls & bears this is our daily update for btc,
Please read these details we mentioned below this chart carefully. Thank you for your support.
Finally, after waiting for more than 3 months btc continued our retracement plan from 13750 and hit $7700
Retracement plan from $13750 with buy zones check it
Current Movement:
Shows btc moves below (SMA 200) above $7700 for 6 days, in last daily candle close we can see long wick from (SMA 200) sign of weakness plus candle very close from (shooting star pattern)
On weekly BTC breakdown (SMA 25) first time after this breakout in April 2019 from $3950
Also, we got the monthly close with a bearish candle following HL that we mentioned in our last update.
from the chart, we can say bears still dominate well and by breakdown $7700 we will see BTC reach $7300/6600/6100 the last line in our retracement plan, rebound from these levels will be good for btc and market for sure!!
for bulls, they need to breakout $8900 to show sign if they still alive by breakout this level daily we can see a rebound to $9100/9500for sure bulls need more than that, like back above $10950 once again daily weekly and this will be a good sign to change the view on the daily and weekly !!
Current Action:
We will be satisfied with the current active signals we have and we will watch $7700 for breakdown to setup buy between 7300/6100 based on performance from there, or breakout $8900 to add more scalping.
Based on price-performance at Daily and weekly / monthly frames:
we looking for another dump for btc to $7300/6600/6100 this expectation still valid as long as btc move below $8900 in short term $10950 midterm.
There some people asking if btc can go below $5500 again?!
The answer this is crypto so this can happen easily but as long as btc hold above $5500 monthly hard to say that, yeah monthly frame looks bad but btc still move in a good range so don`t care about what will happen tomorrow just care about now, if you did, you will be ready for anything.
Our prediction Since breakout $5500?! ( Long Term)
Btc moving in a critical range, the whole movement can be a trap or real recovery, but as we said before, the closing above $7500 means btc takes first recovery step, but to confirm more bullish steps, btc still need to move, so putting prediction, with current movement!! it's like gambling, But anyway as long as btc hold above $5500 Monthly we expect more growth for btc and the bullish view will confirm by breaking $13500 monthly (was 11500 we changed it to 13500) due to this bad performance on monthly frame
About Our Predictions!!
Our trades don`t depend on the prediction, our trades based on movement and reaction, so you need to know the expectation does not mean imposing what you want or force it to happen on a fait accompli, It's just a conclusion from the current movement of what will happen in the future and not necessarily mean the success of that conclusion,
anyway... the reality and what happens in the movement this what we sell and buy, not the expectation.
so we care about movement more than expectations!! but if btc follows what we expect this will be nice, but if btc fail to do that we care about movement and how to trade it, no more.
Mark, why you stick by your retracement plan that you put since $13750 all this time, 3 months passed and in every update, you mention this plan and say it's still valid? why that and what the secret ?!
Check Answer Here in this update
For more info about how our bitcoin updates work check this
bit.ly/30DchPd
Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
Please read these details we mentioned below this chart carefully. Thank you for your support.
Finally, after waiting for more than 3 months btc continued our retracement plan from 13750 and hit $7700
Retracement plan from $13750 with buy zones check it
Current Movement:
Shows btc moves below (SMA 200) above $7700 for 6 days, in last daily candle close we can see long wick from (SMA 200) sign of weakness plus candle very close from (shooting star pattern)
On weekly BTC breakdown (SMA 25) first time after this breakout in April 2019 from $3950
Also, we got the monthly close with a bearish candle following HL that we mentioned in our last update.
from the chart, we can say bears still dominate well and by breakdown $7700 we will see BTC reach $7300/6600/6100 the last line in our retracement plan, rebound from these levels will be good for btc and market for sure!!
for bulls, they need to breakout $8900 to show sign if they still alive by breakout this level daily we can see a rebound to $9100/9500for sure bulls need more than that, like back above $10950 once again daily weekly and this will be a good sign to change the view on the daily and weekly !!
Current Action:
We will be satisfied with the current active signals we have and we will watch $7700 for breakdown to setup buy between 7300/6100 based on performance from there, or breakout $8900 to add more scalping.
Based on price-performance at Daily and weekly / monthly frames:
we looking for another dump for btc to $7300/6600/6100 this expectation still valid as long as btc move below $8900 in short term $10950 midterm.
There some people asking if btc can go below $5500 again?!
The answer this is crypto so this can happen easily but as long as btc hold above $5500 monthly hard to say that, yeah monthly frame looks bad but btc still move in a good range so don`t care about what will happen tomorrow just care about now, if you did, you will be ready for anything.
Our prediction Since breakout $5500?! ( Long Term)
Btc moving in a critical range, the whole movement can be a trap or real recovery, but as we said before, the closing above $7500 means btc takes first recovery step, but to confirm more bullish steps, btc still need to move, so putting prediction, with current movement!! it's like gambling, But anyway as long as btc hold above $5500 Monthly we expect more growth for btc and the bullish view will confirm by breaking $13500 monthly (was 11500 we changed it to 13500) due to this bad performance on monthly frame
About Our Predictions!!
Our trades don`t depend on the prediction, our trades based on movement and reaction, so you need to know the expectation does not mean imposing what you want or force it to happen on a fait accompli, It's just a conclusion from the current movement of what will happen in the future and not necessarily mean the success of that conclusion,
anyway... the reality and what happens in the movement this what we sell and buy, not the expectation.
so we care about movement more than expectations!! but if btc follows what we expect this will be nice, but if btc fail to do that we care about movement and how to trade it, no more.
Mark, why you stick by your retracement plan that you put since $13750 all this time, 3 months passed and in every update, you mention this plan and say it's still valid? why that and what the secret ?!
Check Answer Here in this update
For more info about how our bitcoin updates work check this
bit.ly/30DchPd
Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
交易结束：到达目标:
Buy Signal
Coinbase Pro, Binance
#BTC/USDC Take-Profit target 1
Profit: 1.4096%
Period: 55 Minutes ⏰
We ask Allah reconcile and repay
Coinbase Pro, Binance
#BTC/USDC Take-Profit target 1
Profit: 1.4096%
Period: 55 Minutes ⏰
We ask Allah reconcile and repay
👋 Be a trader, not a gambler, by following risk/capital management!!
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
