Please read the details we mentioned below the chart carefully. Thank you for your support.
from $9600 we set $9750/10.000 / 10400 as max levels for the current rebound for btc and we said we expect dump from this levels !! During this time we mentioned On 4H frame, there bearish Divergence with a crossover between SMA50/SMA200 with a chance for Bullish H&S pattern !! On daily there are bullish Divergence and weekly frame shows good defense from bulls about $9000 Mixed signs, but we still looking for dump, except in one case our plan will change, when btc get daily close above $11500 for short term
Today we got a scalp from $10600 gained +4.2%, even if we expect dump we trade with movement !! also we setup scalp from $10950 canceled in buy zone was a trade for H&S pattern before this dump
Right now!! BTC show weakness again from $11000/11050 as we have just mentioned we still looking for dump, except in one case our plan will change, when btc get daily close above $11500 for short term
For Current movement: Btc failed to breakout SMA 100/200 On 4H TF or closing above $11500 daily this weakness support our plan, and by breakdown $9500 that will be a good sign for our retracement plan
Current Action: we are waiting for 8500/8200 already, but if btc rebound and recovery again with breakout SMA200 4 H we will trade this breakout During that, we will track price movement to take any available scalping !!
Our retracement plan and expectation from $13750 about dips to $10500 Btc Hit and rebounded twice $9500 Btc Hit and rebounded twice $8200 $7400 $6600
In the short term This plan still active as long as btc move below $11000/11500 daily
in Midterm This plan still active as long as btc move below $13750 daily during this, we trade with movement !! from these levels
About 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 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, but if fail to do that we care about movement and how to trade 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 $$11500 $13750
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
To avoid confusion As a daily trader, you should 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!!
Summary of last week with BTC: since two weeks ago from $13750 we setup retracement plan and we mentioned this plan still active, as long as btc move below $13750 daily Brief Summary of our retracement plan from $13750!! Check this sell at 13750 and wait for dump
Btc hit $9650 we got a scalp from it close early was the mistake of the day, but All Thanks to Allah we open many scalping after it, and we mentioned close below $11350/11500 daily will be the first step from bulls to wipe this weakness on the weekly frame due to this pin bar , then after that BTC Hit $13200 but failed to hold above this level ( don`t worry we were here on this time scalping and analysis Bearish DV from 12800/13200 was mentioned as first resistance level for btc after breakout $11350/12000 prntscr.com/oezi2w )
after that, we mentioned close below $11500 daily will resume our retracement plan for btc Since this time we got the dump to $10265 today and during that we scalping and analyze btc movement also, All Thanks to Allah
BTC will resume our retracement plan?!! In this update, we talked about closing below $11500 daily and said Is BTC will resume our retracement plan? The answer is yes if BTC close below $11500 daily we can see BTC retrace lower levels at 10900/10500/9100 maybe lower
This update was midday update and trade for movement until btc close below $11500 daily, also has predicate for movement we can see sideways movement for BTC for the next 3 days, but if BTC didn`t follow that, we expect more drop and resume our retracement plan by breakdown $11500 daily !
In this update, we talked about H&S pattern also trading for movement and we mentioned our action is waiting for retrace and drop from $11750/12000 price reached 11950 then dump to $10265
In this update, we complete analysis for H&S pattern and talked about When BTC Confirm H&S pattern ?! Where H&S Targets?! Which levels we wait to buy BTC !! Brief Summary of our retracement plan from $13750!!
In this update, we talk about: our predictions for next week!! The main levels for btc and best buy zones Summary for our analyses in last week with btc!
In this update, we talk about the rebound from $9850 and our scalping from $10025 and our action was waiting for sell-off from $10650/10850 check it
In this update, we mentioned $9500 /$9150 as scalping point for btc
Our long term update about BTC ATH and conditions for it
All updates and analyses shared on TV and TG you can check them one by one you are free to leave your feedback there!!
Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
Komentarz
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#BTC
TEST SMA 200 On 30 MIn TF we still looking for more retrace to $10250/10000
as we mentioned closing daily or weekly at $9500 will support our target at $8500/8200 and today is the end of the trading week, let us watch what will happen
1 HTF shows two H&s Pattern 2 Inside one We ask Allah reconcile and repay
Komentarz
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Inside Updates 30 Min TF Shows a small rebound from SMA 200, we studied scalping this move but the reward was about 1.5% So we skipped !!
#BTC 30 MIN TF
BTC finished the rebound from $10350 to $10500 Now we looking for a drop to $10250/9950
We ask Allah reconcile and repay
Komentarz
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#BTC got bounced from $10500 to $10380 again but didn`t hit $10250/10.000 our targets !!
above SMA 200 BTc Show Double bottom so we trade this movement and shared scalp with Risk Avg 1.5%
It risky scalp due we looking for more drop, but it`s come as a trade for movement be sure you follow risk management !!
We ask Allah reconcile and repay
Transakcja zamknięta: osiągnięto wyznaczony cel
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Binance #BTC/USDC Take-Profit target 1 Profit: 0.9551% Period: 40 Minutes We ask Allah reconcile and repay
Komentarz
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New Update check it We ask Allah reconcile and repay
Thanks, bro @Free_Bitmex_Signals, you are the best
VincePrince
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Fascinating, it is always good to see two scenarios.
HamadaMark
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But you should select one :D and we choose the bearish one but after all, we trade with movement Thanks for your feedback dear @VincePrince
Husain_Arkghazi
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Fantastic bro, fabulous charting as always, have a look at newly published idea, lil bearish:)
HamadaMark
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Perfect @Husain_Zabir, Thanks for sharing bro
go8686
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Great analysis, I am in short trade, as my indicator told me to:
BTCINVESTING
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hi bro. i would place the fibs different. 0 at the bottom and 1 at the last top. but anyway. in your case we good down to 708 or 786 for a wave 1 then up. check this if you like. :)