HamadaMark

#BTC The next target for current retracement movement ?!

HamadaMark Updated   
BITSTAMP:BTCUSD   Bitcoin
#BTC Next retracement target

Based on our plan we set
Retracement levels :
$10550/10350 Good for Scalping
$9500 Good for Scalping
$8200 Good for Mid Term
$7400 Good for Mid Term
$6600 Good for Mid/long Term


Btc hit $10550/10350 already and got nice rebound to $12450
So we looking for the next $9500/9200 as next retracement level !! but let us find the key for $9500/$9200


Current movement:
Shows btc move above ( $10900 SMA 50) breakdown this level
Next Support will be ($10350 SMA 100) and by breakdown, this level 4H / Daily this will confirm drop Btc for ( 9500/9200 SMA 200 )


Current action:
Depending on Our analysis we looking forward to more retracement for btc so be sure you check your active signals and booked some profit !!
we do fast scalp from these levels all of them are risky for sure, but we follow risk management with max invest 10% and max risk 2.5% AVG !!


As we mentioned Best buy zone in these levels is
$8200
$7400
$6600



Brief Summary of our work with retracement !!

1- analysis for retrace from $13750 to $11400 (Coinbase prices)

Scalping from 12250 /11000 Btc hit 11350 then rebounded to $13350
we didn`t skip all move, we take scalping from $12550 to $13150

2- analysis for retrace from $12900 to $10350


we set $10550 /10350 as scalping levels in our updates btc hit and rebounded from it 3 times reach $12450
we got btc from $10450 as scalping to $12450
from 10950 closed at entry price hit $12450
from 11700 to $12450 hit sl at entry
from $11350 to $12250 hit sl at entry

3- analysis for retrace from 12000 to $10950 now
we got a scalp from 11050 TP1 Achieved 1180 !! closed at 11080


Our signals: Some of them still active the last target is Hold we hold for max profit
$3150 ( Signal Proof) Hit $13400
$3322 ( Signal Proof) Hit $13400
$3762 ( Signal Proof) Hit $13400
$4050 ( Signal Proof) Hit $13400


$7800 ( Signal Proof) Booked Profit at $8550 Price Hit $13400
$8245 ( Signal Proof) Booked Profit at $9070 Price Hit $13400
$8720 ( Signal Proof) Booked Profit at $9100 Price Hit $13400
$9350 closed at $9280 -0.75% ( Signal Proof)
$9260 ( Signal Proof) Booked profit at $9700 Price Hit $13400
$10550 ( Signal Proof) Booked profit at $10850 then hit sl at entry
$10650 ( Signal Proof ) Booked profit at $10900 Price Hit $11240 Then hit sl at entry
$10950 ( Signal Proof ) Booked profit at $12000 Price Hit $13400
$12550 ( Signal Proof ) Booked profit at $13150 done
$13690 ( Signal Proof ) Booked profit at 13750 done
$11900 ( Signal Proof ) Canceled
$10450 ( Signal Proof ) Booked profit at $11150 TP4 HOLD Sl at entry
$10950 closed at entry
$11700 ( Signal Proof ) Booked profit at $12150 Hit $12440 Then SL at entry
$11350 ( Signal Proof ) Booked profit at 11850 Hit 12250 then Sl at entry

Most of these signals gained good profit passed 100% and last target still hold Sl at entry !! (all thanks to Allah )


About our prediction Since breakout $5500?!
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 since more than 3 month ago !!

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, fail to do that we care about movement and trading it no more


Ps:
we don`t short btc never!! 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 $9000/$11500


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!!


We shared many updates talking about the long term for btc check them

1-
BTC-Simple-Explanation-for-NEW-ATH-Dips-Best-Buy-Zones

2-
#BTC Is That Time For New ATH? ATH / Disp / Support / resistance ATH Targets / Best buy zone Check it

3-
About New ATH Condition and has analysis for a bounce from $13750/14200


About Alts Check this update



Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay

Comment:
Sorry guys, there are a maintenance for internet service and it will take 3/5 days, during that i don't have full access to chart i will try to find a way to check the chart through phone data, let us see if that will work

We ask Allah reconcile and repay
Comment:
BTC still following it
we closed the last scalp at entry after gained TP1
Then BTC hit 10850 in buy zone then rebounded to $11350 !! support zone and was our sec target !! looks we close early and missed re entr at $10950 due to a problem with internet concussion

right now we looking for continues a drop for BTC after fails to breakout $11350 !! no change as long as BTC below this level 4H

Next Targets
$11050
$10750
$10350
breakdown and close below it 4H / Daily as we mentioned in our update, that will be the key for next retrace level $9500 $9200

We ask Allah reconcile and repay
Comment:
In the last update, we were looking for a drop from $11350 to 11050/10750 /10350 BTC dropped to $10750

since 10950 /10850 we get chance to check btc chart and the signal was ready from this price but due to internet problems and alts update I forget it

Btc On 4H TF holds now above (SMA 100 hit $10650)

as we mentioned before !!
by the breakdown ($10350 SMA 100) 4H / Daily this will confirm drop Btc for ( 9500/9200 SMA 200 ) !!

for now we trade movement as we doing always !!


#BTCUSD RISKY

Buy: 11144 - 10865

Target 1: 11283.30000000
Target 2: 11422.60000000
Target 3: 11701.20000000
Target 4: HOLD

Stoploss: 10729.58250000

Invest: 10%
Risk Avg: 3%


we ask Allah reconcile and repay
Comment:
The last Scalping activated at $11000 Buy AVG there is weakness from $11250
Close at entry 11000 or current price 10900 -1%

we ask Allah reconcile and repay
Comment:
Signal closed at the entry

we ask Allah reconcile and repay
Comment:
$10800 Shows power and BTC got to rebound from it again but BTC still below SMA 25 for that we closed the last scalping for at entry

if you still looking for long trade you apply the same signal with the same risk but for us, due to internet problem, it's hard to keep tracking movement in this time we will not take scalping for now !!

we ask Allah reconcile and repay
Comment:
#BTC Still following our retracement plan no change !!

Current movement:

Shows BTC breakdown SMA 100 $10350 4 TF
and as we mentioned since $11000
breakdown ( $10900 SMA 50
Next Support will be ($10350 SMA 100) and by breakdown, this level 4H / Daily this will confirm drop Btc for ( 9500/9200 SMA 200 ) !!

Current action:
Now we waiting for $9500 $9200 as next support for btc

due to internet maintenance, we can`t track chart and BTC all time, so we w can`t share more scalping signals

for now, we will follow the mid/long term zones we set since $13750
from the chart, we extracted the best buy zones and we said it come at :
$8600/$8200
$7400
$6600 /$5500

so if we got a chance to catch price action form these levels Allah willing we will buy BTC directly !!


we ask Allah reconcile and repay
Comment:
#BTC In last 24 H

from $ 11250 we were waiting for $9500/9200, BTC hit $9650 today

from $ 11000 we got a scalp and closed at entry due to the poor performance for BTC !!

from $9827/9600 we set scalping closed at entry due to weakness on 4 H TF then BTC rebounded and hit scalping targets +5%

from $10250 /9950 we got scalping but it hit Stop_loss 9850 -2.5% Then BTC got a rebound from old scalping zone $9650 again !! to $10450 right now !!


Current movement:
(www.tradingview.com/x/kxo5vEJi/)shows BTC retest for (SMA 100 $10450)
Breakout SMA 100 or closing daily above $10450 will push btc to $10660/10850 again !! also will create a reversal candle on the daily frame above SMA 25 !! means a good move for bulls

Ps:
we were set scalping from $9050/8800 and mentioned if btc breakout $10660 4H TF we will cancel this scalping !!


Current action:
due to these mistake with the last scalping signal, we can`t share more scalping signal scalping need track chart and movement closely, and we can`t do that since 3 days ago !!
so we will wait daily close and check it there chance to open signal or wait or zone at $9050/8800 during this time if btc shows a good chance and we saw it we will share it with you !!


we ask Allah reconcile and repay
Comment:
#BTC SHows breakout For SMA 100 30 Min TF 10660

Add Scalping Buy between 10655/10380

Targets
10850
10950
11150
HOLD

Stop_loss: 10250
Risk Avg : 2.5%
Invest:10%
( No leverage)


two mistakes today
1 close scalping from 9850 at an entry cost us +8% missing profit
1 scalping from 10100 hit stop_loss -2.5% Then grow +8% for btc
All thanks to Allah
We ask Allah reconcile and repay
Trade closed: target reached:
Scalping from $10600 Hit target at $11150 we moved Sl at entry in Tg and hit it forget to update it here so signal still active in TV

This new Update

We ask Allah reconcile and repay

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t.me/PCS_Signals_Results/6922

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