BTC Best Wishes

Participation
As we all know, all the traders know about the symmetrical triangle Pattern on the daily frame
All the traders follow this pattern closely

-But as you know, we already put some of our expectations for price action.

One of them was the failure to form the last leg of that pattern, although that pattern is bearish
Including the possibility of a double bottom
Including the possibility of falling to levels of 4500 dollars and that was the biggest share of the possibilities

-There are some explanations in this publication of why we put those possibilities

The beginning this leg fail and the price will drop
Everyone, as we said, knows about this pattern and everyone ready to buy.

But why did we expect that the last leg of the triangle model would not be complete?

we see very weak movements that indicate that whales are not entered the market
check this daily candle 12/4/2018 that the actual whaling of the market " was a bearish pattern at this time and all people look for $4500, but whales doing the opposite and pushed the price up "
like now they look for a pullback to $8600/$8800.

always know that the market here was built by " Smart Money" whales
Their only function is to direct the flock to something that eventually leads to their personal interests

But the current movement gives us the following

"Smart money" whales in the idle state, they are not buying or join this time

So if they want to sell they will certainly make the herd driving the price into a good selling zone for their benefit
This is happening now.

-We had another expectation and about a double bottom
This expectation was a good hope for the market but why a double bottom
If the whales is willing to buy, they will make the herd pull the price down
And of course if the break of the lower trend of that symmetrical triangle there will be a sellout from everyone and will be the appropriate moment to enter the whales declared another Pattern is a double bottom and then climb and all traders will accept it.

评论:

-The last expectation,, is a drop to $ 4500

Why is this expectation has the biggest assessment among previous forecasts?

It's easy

Look at the monthly frame you will see that in the end, the selling is more likely despite the constant attempts every time the bulls fail to return to the top of the lifeline again

This was our expect since December last year and was confirmed again last March

But what after all this?

The fact is that the market or the traders in general and we are among them in the need for the uptrend
But the wind always comes with what ships do not crave

The market is currently in a period of uncertainty and the persistence of fear prevails and the turnout is weak whether it is selling or buying

However, the general trend of the market is bearish and we are in that bearish trend 6 months ago

Last year the second quarter of the year was slightly different from that year, with the rest of the currencies rising remarkably
But that year the rise that happened to most currencies is to save themselves and the evidence of all those news published by developers, weather updates or discuss projects etc.
Everyone is trying to prove that he is more confident than he is and that he is better than others
But these attempts were fruitful for some and were nothing
Unlike last year at the same time, the turnout was historic, with nothing to mention, just a buying situation dominating the market.


This year despite the calm news and fundamental analysis, in general, is good even after news of currency regulation but things are stable
But the market is short of capital, there is little or no turnout compared to last year

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-Technical Analysis Section

The current Pattern as we see
A bearish Pattern
Price started in the formation of the last rib
However, the movement is generally weak although the momentum indicators oversold
But the overall price action does not represent 10%
The rest of the currencies are taking advantage of that calm and trying very hard to rise to the top in order to avoid what will happen

Bull's Gate

Bull's gate is known as 8600/8900 dollars, the level of resistance to BTC
As mentioned above, exceeding these levels weekly will make us cancel the bearish expectation to 4,500
Synthesis moves down on the weekly frame equal to 23 SMA/ 50 Fibonacci level

Whether or not the last leg of the symmetrical triangle Pattern is completed, we expect the price falls to $ 4700/3000 "0.236 fib 90 SMA" that year

We wish this expectation about drop will fail, and the market will Rise once again to
Avoiding the collapse of the bubble etc.

But that's not a place of wishes
Notice we have 2 active signals for btc
from $6800 since more than month gained 40 % still active as long-term if our expectations about drop failed our stop at entry
the second signal from $7640 have risk about 3%
We ask Allah reconcile and repay

评论:

#BTC
After the last update, BTC drop about 4.5%
And follow double top pattern good thing we close our trade from $7635 without any loss

if you shorted BTC you gained some profit but as you know we don't use leverage or recommend to use it etc

What about now?!
As we see BTC still above support at $ 7300, we can see oversold we expect price stay at this range $7300 $7150 until Dump the selling momentum

We will wait for $7025 to see price action at daily then we can join and buy btc
If BTC fails and closing below $7025 with a full red candle, will wait for $6550/6000 with price action.
until this time we suggest wait until confirming the buy signal
Remember this bearish trend so drop faster than grow so if you trading be sure you follow capital management
No buy until confirming signal by price action or strong rebound.

What we expect?!
We expect $6500/5950 from this zone maybe BTC will give us a good signal to buy
Then people turn from Symmetrical triangle to Ascending triangle

But $4500 still have the big rate of our expected
our last active signal from $6800 stop at your entry we already gained about 40% from it
we ask Allah reconcile and repay

评论:

and BTC follow our first expect about the symmetrical triangle and didn`t complete it and she dropped
what now?
as we explain before at last charts and at last update
people will turn now from Symmetrical triangle to Ascending triangle

you need read this analysis to know how things going
now we have this
bounce from $6650 to $7300 / 8200 and follow the double bottom pattern and next weekly candle come green or do small pullback then drop to $4500

if you read this analysis you already know which scenario has a big rate
double bottom have rate about 40%
drop to $4500 and below this have rate about 60%
someone ask why?
read this analysis to know why the dip has a big rate
we ask Allah reconcile and repay

评论:

BTC Main analyses since Jan /2018

Sec Main analyses since Feb /2018 Have all secondary updates

we ask Allah reconcile and repay

评论:

Don`t Panic !! ^)^

when you saw panic post sure you will panic but this doesn`t solve your problem or make you gain money.

So Don`t panic

All of them say $ 2000 now? !!
 
And you at loss? so what you do panic more? sure not
set you to plan to fix your capital be ready for the storm if it comes

What do we say about $ 2000? and big crash for the market?

maybe you want to take a look to our analyzes and updates since Dec 2017 until now

you will see all movement from starting drop from $ 19600 until $ 5900 at to $ 11500 to $ 6500 then $ 9880 All thanks to Allah we analyze it and earned profit at our posts before it happens
here and at TV

But you ask now about $ 4500 / $ 2000 ?! Is it can come true

Sure
 if you follow our updates you already know it since a long time, not since few days ago

from $ 9880 we set updates for the drop
from current levels, you see the updates and Evaluate the possibilities for drop

But something you are missing here!
when BTC drop $ 200 or grow up $ 200 this not called crashing this means nothing,

when this means everything?
 
when BTC confirm break out or break down and at drop like that if coming you confirm it by weekly close not daily or 4 H movement and at our case close below $ 5900 last dip at weekly with a full red candle
this will make sense to all and give you clear sign for drop

for us we are ready since a long time and explain why btc have a big rate for the drop just one look at monthly you will know why drop have the big rate

but if you talk about current movement btc still above weekly support the last line for her but no breakdown does not confirm it until now
yes this breakdown has a big average it can happen but confirm when close and done

You know why we set rate and wait for confirmation with weekly close?!

we will tell you
 
all now says BTC dips what you think they will do if next week come with a green candle full green candle and bounce to $ 8000
it`s simple they will post another chart and ignore the old one


But for you-you will loss why

because you saw them panic and you panic too,
for that we make this update to you and keep telling you don`t panic and set up your plan

last time same at $ 6800 $ 6500 the same people say $ 4500 at this time we say buy BTC no $ 4500 Although we are analyzing $ 4500 since a long time ago, then
 the price goes up and people missed train only our followers cath it and earned good profit

this time we do not come and say the whales will trick you, and price go up from here we already have our view for the dips and you know that.


we come and give you free advice

if your TA provider Allow to his feelings and Emotions to control him, Do not fall in the same mistake don`t panic and make your mind freeze, set your plan to fix your capital and be ready for the worse you will pass everything

And Eid Mubarak to All, just one day and Ramadan is done and our vacation will start hope and wish you will spend a good time with your family

we ask Allah reconcile and repay

评论:

new update with a new chart
we ask Allah reconcile and repay