cherif100

btc what is next ?

cherif100 Updated   
BITFINEX:BTCUSD   Bitcoin
this is what i think will happen for next month !
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zoom in

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it seems big wave coming soon and by 90% it will be bearish !

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#BTC update

it was a bore day low volume and small move

btc in a downtrend anyway and stuck under the trend .. if btc break 9k price can go easliy to 10k and this is still the resistance we said before
from 9k to 10k

DO IT SLOW

if u like to buy above 9k u must put a small orders do not risk
do not forget that btc in downtrend

capital managment is the most important thing right now

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safe entry after btc break this channel
any trade u will make should be scalping until channel broken
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zoom in !
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ask yourself a question

is this a good area to buy btc ??

price still in this pattern

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bitcoin still moving in a rising wedge and it reachs to the end of it at 11.5 to 12k ! max

also retest bottom and top line of the down channel !

the usual next wave should be bearish .. but this will active if btc break this wedge down !!


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update

btc uptrend will start after btc break 11700$ and it is not safe to buy btc now just wait dip or breakout it is a very easy decision


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#BTC update

bitcoin still moving in a down channel wait more dip or btc break this channel !
some rise expected from 9k zone
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#btc rise before reach 9k

safe entry after break 10400$ or wait again dip at 9500 - 9000

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bitcoin supports
9500$
8200$
6500$
bitcoin resistances
10000$
11000$
12000$

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from this point we have two scenarios

1- btc will make another bullish and break the down channel targets 12k - 13.5k - 15k

trade this with a stop loss under 9k with 25% max of ur capital

2- btc can't break the channel then there will be a dump targets 8k - 6.5k -3k
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FIRST SCENARIO
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SECOND ONE

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for now

#btc still can not break down trend

no need to rush .. wait breakout

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i was offline last few day but i update charts only at my telegram channel

very important week for #BTC

u know my vision still bearish ( safe trading above 12k )

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update

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short target done

again im very sorry to not update chart here !

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u can buy btc and use stop loss under 9k !
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#BTC update short term


wait breakout above 9500 for scalping
target 10000$ - 10500$
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btc made a fake breakout above 9.5k $ but it is back again to 9k

we can see another 5 bearish waves if btc break 8.5k
so safe entry above 9.5k to but btc again .. holding usdt is recommended

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very sorry for my less updates i was very sick last week




#btc short-term chart


btc may test 9k resistance again
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