Did BTC will trick us with April fool or will tell the truth ?!

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Did BTC will trick us with April fool, or will it be the month of truth?!

in last Month March BTC gained about +35% by comparing it with previous months we find it was a bullish March for BTC, and achieved a new ATH at 61K, But despite all this, the monthly candlestick, although it is bullish, hardly it overcomes this long wick at the performance of the month of February, as we can see this long tail from the levels of 58k to 45K, but March came and overcome this weakness.

The interesting thing is that despite Bitcoin achieving a new ATH, But the bulls could not continue to rise with the same momentum in the previous months, because if we compare the performance of the current month we will find the Mar breakout did not exceed the 10%, compared to In the previous months their breakout achieved about 40% easily each time.

So this month do we will see April tell us a truth by achieved new ATH with the same performance for Nov, Dec, Jan, Feb breakouts or we will see April fools and fake breakout with a hard dump to 45K and lower.


Although the chart looks good for bullish TA But I am very cautious in trading from these levels, I see that they are profit-taking levels since the beginning of last month and the apparent weakness of the momentum supports me in that, so my personal opinion (Biased view, Subject to fail), i see dump coming and my view still active as long as bulls don't show their full power and breakout 67/70K with a weekly close above. during that, We Trade What’s Happening... Not What We Think Is Gonna Happen.”

This chart will be active until May, and below it, you will find all updates we will posting during this month, as we did with the Mar 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🙏
注释
4-4-2021
#BTCUSDT update ( Short-term movement )
BTC Price has been rejected from 60XXX the resistance zone and one of the important levels in our list,

The current movement shows 57/56K as the sub-support line for bulls and there sign for a rebound from it, although most of the traders keep their eyes on 55/54K (CME GAP)

Current action, i see a rebound from here $57/56 to $59400 then dump again to $54800, and based on this we can take scalping trade from these levels.

Buy between 57800/56500

Targets
58500 33%
59350 33%
HOLD 34%

Max invest 5%

快照


Good luck to all.
🙏we ask Allah reconcile and repay🙏
注释
TP1 ✅
Move sl to 57K
🙏we ask Allah reconcile and repay🙏
注释
5-4-2021
#BTCUSDT

Next PRZ 54700/52500 if BTC fail to breakout 60/61K in next 24 H and close above it daily

快照

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.

Good luck to all.
🙏we ask Allah reconcile and repay🙏
注释
7-4-2021

#BTCUSDT
once blue line breakdown and BTC close below it 4H next PRZ will be at 54XX/52XXK as we explained earlier
快照

#BTCUSDT

Buy Between 54900/52900

Targets
56000 25%
60000 25%
Hold 50%

Max Invest 5%

PS:
If BTC got panic sell, the next PRZ will be at 50/47 k
So be sure you follow risk management.


We ask Allah reconcile and repay
注释
9-4-2021

#BTCUSDT update (Short Term movement)

Good rebound from 554xx very closely from our buy zone for Bitcoin

In current time pushing price above 59k and closing daily above it, will give bulls good chance to achieve new ATH (you can check it at April TA)


Current Action, Due to BTC rebounded without activating our buy limits we will wait to see how bulls performance will goes at 59k zone and they showed strong bullish movement in this case we will trade 61k breakout!


Ps:
If you noticed any delay for updates this because i will be away of chart in next 24 H get busy with some stuff.


Good luck to all
We ask Allah reconcile and repay
注释
11-4-2021

#BTCUSDT update (Short Term movement)

Bulls retesting 59/61K there's no strong breakout for this resistance yet probably due to the weekend, in next week the bulls must make their intentions clear if they looking for A NEW ATH this month, and if they did that, the new ATH will be around 68/71K, but if they fail to do that and price went below 54K again this will be a clear sign for the dump.

Current action, we still wait for a clear breakout for $61 to join btc or buy retesting at 58/56k zone if bulls hold above.


Ps:
weekly performance doesn't looks good so be sure you follow risk management with your trades.
Although the chart looks good for bullish TA But I am very cautious in trading from these levels, I see that they are profit-taking levels since the beginning of last month and the apparent weakness of the momentum supports me in that, so my personal opinion (Biased view, Subject to fail), i see dump coming and my view still active as long as bulls don't show their full power and breakout 67/70K with a weekly close above. during that, We Trade What’s Happening... Not What We Think Is Gonna Happen.”


Good luck to all.
🙏we ask Allah reconcile and repay🙏
注释
13-4-2021

[13.04.21 12:10]
[In reply to
#BTCUSDT bulls gave clear breakout for 61k followed by pump to 63k if you joined breakout try to book some profits and don't fomo

Support and resistance zones for current movement

Resistance
63500
68500
71000

Support
60500
57500
54200


We ask Allah reconcile and repay
注释
[14.04.21 16:00]

#BTCUSDT shows a possible retest for 61/60K from current levels
快照


The Bulls are trying to build a support zone above 60/59K zone if they succeed to do that this will give them good push to achieved 68K/72K ATH.

But if they fail to do that, and bears overcame them by breakdown 556/54K and BTC closed below it weekly or monthly, bulls will be in a bad situation, and it will a perfect time for dump.

So be sure you follow risk management in your trades.

Good luck to all.
we ask Allah (God) reconcile and repay🙏
注释
16/4/2021

#BTCUSDT update (Short Term movement)
As we were looking for, BTC was dumped from 64K to 60K zone (MA 50 / 4H TF)

if Bulls hold and rebound from this area next target will be at 65/68K as we explained in the last update!! but if they fail to do that we will see BTC goes below 59K to 556/54K and reaching these levels means the market will be in a panic sell and bears trying to take dominance.

The current movement shows 60K as a sub-support good scalping area in LTF but if we moved to HTF (higher time frames) we can notice clear weakness for bulls and bad performance for them, so if BTC trading at lower prices we would say let us take this scalping, but at the current time even if we have stop-loss and good R:R , we will avoid trading due to this weakness at weekly and monthly frames!!
快照


Current Action, watching the market

My personal opinion(Biased view, Subject to fail),
it's still the same as i mentioned in the previous updates since 13 Mar, i see a dump coming and my view still active as long as the bulls don't show their full power and breakout 67/70K with a weekly close above. during that, We Trade What’s Happening... Not What We Think Is Gonna Happen.”



Current signal update
Scalping from 435XX still active
we sold 12.5% at 60/61K and kept 12.5% SL at 50K


Good luck to all.
🙏we ask Allah reconcile and repay🙏
注释
18-4-2021
#BTCUSDT Activated Both Scalping levels and Buy levels also

In current time we looking for a rebound to 59/62K then a real dump again
this view will fail if BTC fails to hold above 50/48K for next 12H
快照

Good luck to all.
🙏we ask Allah reconcile and repay🙏


for those who traded scalping levels at ($58850-57600 - $55700 ), your entry avg is $57400
your targets @ 59K / 61K and you are free to close this position at entry if you joined buy levels as we mentioned max invest for these scalping was 3%

and for those who traded buy levels @ ($52500 - $50500) your entry avg is $51500 and the max invest for these buy zone was 7%

your targets @55k 59K 61K


if you traded both levels scalping and buy zone your entry avg @54K
your targets @55k 59K 61K


Good luck to all.
🙏we ask Allah reconcile and repay🙏
注释
Entry Avg from $51500 TP1 @55K Achieved ✅
Entry Avg from 54K TP1 @55K Achieved ✅
Entry AVg from $57400 no targets achieved yet


#BTCUSDT The Trading Plan Below 65K !!

Don't forget to Press like button and leaving your feedback below our ideas is a great thing and supports us provide more ideas.❤️

#BTCUSDT The Trading Plan Below $65K !!


#Ramadan Mubarak 🌙

Good luck to all.
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