After a nice rebound from $46K, BTC bulls reached the real retest area at $60/ 65K as we explained before in this update (Trading Plan below $65K)
"The $61K zone and will be the first level for test bulls strength if they breakout it that will be a good sign for them. But the real strength will emerge when they break 68,000 and close above it weekly, in this case, $78/82/100K can be in range."
also, we explained how the chart will look if bulls fail to reclaim these levels, we advise you to read this update
Current Movement, showing a chance for pattern and BTC move at the top point of the right shoulder area and based on previously explain, if the bears dominant again, and bulls fail to breakout we will see BTC pullback to $53/45K again and lower than these levels!
Current Action, All Thanks to Allah, we shared with you signals from the $48/51/53K area and all of them moves in good profits, and as you know we don't short BTC so we will wait and track performance at this zone and based on what will happen we will update you with our trading idea. In my personal opinion (Biased view, Subject to fail),
In my personal opinion (Biased view, Subject to fail),
(13 Mar view) still active
i see dump coming from $61/62K to $50/ 40 /35K maybe lower, And my view still active as long as bulls didn'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.”
The person who is obsessed with thought can extract 10000 scenarios for movement and the same with a 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.
We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only.
Also, The TA updates are 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. as analysts, we have to explain both and directions, and if there a chance to give a personal prediction for the next movement we will do as like previous analyses.
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. Remember that the Cryptocurrency market is very volatile and not suitable for everyone, so be aware of what you will do before you start.
Good luck to all.
Pro Crypto Signals™
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BTC entered Target zone at 58500 free to book your first target
Move Stop_loss to $55500
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