weslad

Bitcoin at strong determinant Zone ( Do or Die Zone)

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello friend,

I am so sorry for keeping so long to update my last BTC view. the view went so perfectly well and cleared off all the targets.

For those that missed the view here is the link to access it and together with some past nasty BTC call I made in few month ago.

The last post was about the rising channel idea.

This was the craziest post I made when majority was busy calling 1800$ do have a look on it.

Then I followed it up with this post, where then I spotted Bullish Bat formtion.

Let get to the present market update,

Today update will focus majorly on the post tagged "2-in-1-bullish-setup-found-on-Bitcoin"

I will break this post down, I believe all the answer everyone is looking for right now is on that post, because it talk about Bullish Bat and at same time about Descending broadening wedge .

As you all know I hate to write episode, I will like to make it so short.

Below is my view based on Bullish Bat formation with its potential targets level. Looking closely on this few of its targets had been achieved.

Well detail analysis on descending broadening wedge is given below and possible way of trading it is well shown on the chart.

Last but not the least, is the potential ISHS formation which I believe it can surface from here is given below.

Above three patterns are well detailed enough to guide our trading decision, which is what all the present update is all about.

Best trading idea right now is to focus more on the outcome of this DETERMINANT ZONE, if the zone break we all know the implication from everything have shared above.

Moreover, any rejection from the zone is also well taken care of with immediate attention to ISHS formation.

I believe this update will help someone to make good trading decision.

Thank you always for your support and love.

Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas

Thank you.
Trade active: hey guys,

Playing round monthly chart and I saw this, wow!!! just too bullish for me.

We hve major test on the breakout trendline twice and both got seriously rejected. This month candle will close today and this will likely closed with Bullish engulfing.

Trade active: Every attention shifted to a major re-test before last massive leg up for the main test on 10k5 zone.

Trade active: hey guys have you seen what is happening in monthly timeframes,

Check it out here right now 1month and 2 months closes today.


❗️Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas📌📌
Trade active: Expected move within next 24 to 48hours before next big rally.

Trade active: Thanks for all the love so far, I appreciate it so much, I spotted potential Pennant formation, well if we are to go by the book this is BEARISH in nature and the idea is to break down which already happened.

Looking deep again spotted another potential AB=CD harmonic pattern where price got rejected from 61.8% fib level, this also signal for downside.

And if you check what our previous target has been, everything seems to be falling in place.

Note:

Do not say because all these signal for downside that you got perfect short signal and you short without using stop loss.

I will implore us to follow the rules for every pattern.

If price manage to move above the Immediate resistance level it means the pattern got INVALIDATED.

Let be rightly guided.

Thanks

Trade active: Hello friend, I was ban for 24hours this prevent me from updating this post, anyway from then till now nothing really change from the market as the consolidation continues, if you remember the immediate resistance level I mentioned then still holding firm.

Thank you so much for all the massive likes

Trade active:
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Comments

well done weslad~! u must have spend alot of time studying it. Thank you for the detailed analysis. :)
+9 Reply
weslad Smartis
@Smartis, You are very welcome thanks for always be there for me and read through all my post. I appreciate it a lot
+1 Reply
@weslad, do you think price will break pass the resistance zone at 9500?what your take on that
+2 Reply
weslad wizzynoni36
@wizzynoni36, I will say yes, on the second test of the level it will fail to hold because of Halving FOMO, straight to 10k5
Reply
@weslad, well,let's wait for price action to unfold
Reply
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