Hello Tv Community! 👋 This will be our monthly analysis for BTC, below it, you will find a daily update for BTC movement during Aug!
Here first short-term update for this month! 👇 #BTCUSDT ( Short-Term) Update! Although BTC bulls doing well and keep pushing the prices up they become weak in a critical area!!
Current movement, if we looked at the chart we can see a clear bearish divergence with weakness at 42K!! and there is a gap at 40K which makes bears take all signs to start shorting BTC!! that is what you can get from the chart. but If we take into account the general state of the market, you will find that most traders are optimistic which make them ready for any prices below 40K to buy btc again Yeah, there is a gap at 32K and 24K etc, and there is also a gap at 48K, and based on the current movement bulls are close to 48K! just one condition to achieve i,t bulls need to close above 42K daily.
(Bullish term) 📈 Bulls need to breakout 42K daily and if they did that we will see $44/$48/51k then another sell-off wave for the whole market
(Bearish term) 📉 if they failed to do that and BTC closed below 37K daily then bears will pull BTCdown to $36/$34/32K
Current action, we will keep trade BTC and take another long position as long as BTC is holding above 37500K daily
👨💻My personal opinion,(Biased view, Subject to fail) i believe there is another sell-off for the market, and i also believe the market has started a bearish cycle since this dump from 65K as i keep saying this in the updates, but after all, we can't ignore movement so we trade with movement and send signals based on it, and this opinion is still active with the terms we have set
So some people saying $100 k from here and this wave is done, and other people say we will see BTC below 30K once again before achieving any new ATH
But we say Market in the bearish cycle as long as BTC didn't close above 65K weekly! as long as BTC is below 65K weekly we will see BTC dip again, during that, we keep trade with movement as we doing always.
Remember, The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish 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.
As analysts, we have to explain both bullish and bearish directions, and if there a chance to give a personal prediction for the next movement we will do as like previous analyses. Also, you do not have to worry about what or how i think, but you have to worry about what is happening and what you can do based on it. So, Be bullish or bearish as you want, But be sure you cannot impose what you want or force it to happen. so be ready for everything.
Ps: 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 bullish and bearish 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.
Signals updates! 📡
Current active signals we have: Entry from $31500 Posted 21 July ✅ Achieved TP3 at 343XX, Still active, Stop-loss set at entry
Entry from 393XX Posted 30 July ✅ Achieved TP3 at 410XX Still active, Stop-loss set at entry
Expired signals !! ⌛️
Entry from $30450 Posted 21 July Canceled ❌ Target achieved before entering the entry zone
Entry from $29750 Posted 20 July Canceled ❌ Ended at same Day
Entry from 321XX Since 13 July ended at 19 July ✅ Achieved TP1 at 328XX, +2.15%
Entry from 318XX Posted 16 July ended at 19 July ✅ Achieved TP1 at 321XX,+1%
Entry from $30580 Posted 26 June ended at 19 July ✅ Achieved TP3 at 329XX, +7.5%
Current Active buy limits 📟
Mid-term Buy in parts $21500 - 24250 - 26500 Max invest 25%!
for Investors New buy limits for 2021/2022 !! $11500 $9850 $6500
Max invest 25% per level
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Previous Technicals Analyses Since 65K Dump
Comment
[04.08.21 00:14] [In reply ™]
#BTC got rebound from support zone we mentioned at 37XXX to 39XXX by +5%
As we said in the last update (Bullish term) 📈 Bulls need to reclaim 42K daily again and if they did that we will see $44/$48/51k then another sell-off wave for the whole market
(Bearish term) 📉 if they failed to do that and BTC closed below 37K daily then bears will pull BTCdown to $36/$34/32K
And our Current action, we will keep trading BTC and take another long position as long as BTC is holding above 37500K daily and we did already!
We are still following below you find our personal view for the whole movement!
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Comment
[05.08.21 11:57] [In reply t ] we ask Allah reconcile and repay.
[05.08.21 17:41] [In reply ] #BTC after whales kicking who long BTC from 337/36K range the back to kick out who short BTC from 440/42K !!
BTC reached 373XX and rebound by +5% Based on the last chart view we shared!
The second buy limit for our signal was at 3714X but the price rebound by the difference of $150!! less than 0.5%
Right now, 1H TF showing a chance for double bottom breakout 41K will confirm this pattern also there is bullish divergence on 4H TF, which gives the last buy operation we shared a good chance to achieve more targets!
We still following this short-term update we posted on 1 Aug and keep you update with daily movement until the market takes a clear direction!
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Comment
[07.08.21 20:16] [In reply to BTC followed W bottom we mentioned and breakout 42K with achieving more targets for our buy signals from 315XX and 381XX
Right now, Be sure you follow targets we set this view we posted here about another sell-off from 48/51K to 32/26/24K is still active as long as no breakout for $65 weekly !!
Ps: we don't short BTC!
Good luck to all. 🙏we ask Allah reconcile and repay🙏
[08.08.21 15:30] [In reply #BTCUSDT 🙏we ask Allah reconcile and repay🙏
Comment
[09.08.21 17:48]
[09.08.21 17:50] [In reply Be aware BTC got close from the reversal zone and we looking for another sell-off to 32/29/24K as long as BTC did not close above $55 Daily 65K weekly!
Binance, Bittrex, KuCoin #BTC/USDT Take-Profit target 4 ✅ Profit: 45.5556% 📈 Period: 19 Days 1 Hours 54 Minutes ⏰ 🙏we ask Allah reconcile and repay🙏
Comment
#BTCUSDT Short-term update BTC Shows clear weakens from 47K and prices slipping to 44K and most bears opened their position around this reversal area we talked about it in the last updates!
Current movement: right now, the chart shows $42/41 as the first support area for BTC, and also there is a chance for H&S there which makes bearish more bearish!
(Bullish term) 📈 if bulls hold above 40K we will see prices rebound again to 45/48/50K and this will be the last up leg to liquidate all retail traders who shorted BTC from 47K
(Bearish term) 📉 Breakdown 40K with a daily close below will push prices to 36/34/32K so be cautious with your trades!
🎬Current action, We posted scalping from this support area we mentioned, be sure you follow risk management, it's mentioned as risky trade due to the market statement.
👨💻My personal opinion,(Biased view, Subject to fail) i believe there is another sell-off for the market from 48/50K. and i also believe the market has started a bearish cycle since this dump from 65K which i keep saying on the updates, but after all, we can't ignore movement so we trade with movement and send signals based on it, and this opinion is still active with the terms we have set.
So, as long as BTC didn't close above 65K weekly! we will see BTC dip again, during that, we keep trade with movement as we doing always.
Please read this user guide 📖 , before you start following us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Comment
[In reply to ] #BTCUSDT Short-term update!
In the previous update, we talked about this chance for prices rebound again to 45/48/50K as long as bulls holding it, and said this will be the last up leg to liquidate all retail traders who shorted BTC from 47K during that we shared scalping from 433XX but prices rebounded from 437XX to 48K !! and in personal view part, I said "i believe there is another sell-off for the market from 48/50K"
Now let us take a look at the current movement: As we see BTC prices got rejected twice from 48K the resistance zone we mentioned in the last update, which shows the weakness of the bulls, also this rejection created a double top pattern ( Bearish pattern) which make things in favor of bears if this pattern goes as textbook TA rules we will see BTC breakdown 44K to close below 40K daily! in this case, bears will overcome bulls and prices will go to retesting this psychological level at 32/30K.
Based on the chart we extract these Movement conditions (Bullish term) 📈 Bulls need to breakout 55K Daily and 65K weekly to show full domination on movement and by this, there will be a clear way to new ATH.
(Bearish term) 📉 Bears need to break down (MA 50) on 4H TF and following this bearish pattern(Double top) by close below 40K daily which makes them the sole dominators on movement and killing hopes for any new ATH in near future.
🎬Current action, We are outside and watching the market. Whales can do some tricky moves in this area 48/51K, between fake breakout or panic sell candle, So this area working as a psychological zone for traders, and if you don't own BTC from our signals we shared with you, we advise you to stay away until we have one winner and clear direction.
👨💻My personal opinion,(Biased view, Subject to fail) as I said in the last update, i believe there is another sell-off for the market from 48/50K. and i also believe the market has started a bearish cycle since this dump from 65K which i keep saying on the updates, but after all, we can't ignore movement so we trade with movement and send signals based on it, and this opinion is still active with the terms we have set.
So, as long as BTC didn't close above 65K weekly! we will see BTC dip again, during that, we keep trade with movement as we doing always.
Please read this user guide 📖 , before you start following us: 👇
🙏we ask Allah reconcile and repay🙏
Comment
[18.08.21 18:31] [In reply #BTCUSDT Short-term update! - 7.5% from 48XXX to 44XXX ,
Current movement, show BTC squeezing between MA 50/100 on 4H TF, and give bulls have another try to push the price to 551/52K(Trap zone, Fomo area) if they succeed to reclaim 48K with a daily close above it! So this squeezing zone will show How serious is the challenge between bears and bulls !! Based on the chart we extract these Movement conditions
(Bullish term) 📈 Bulls need to breakout 48K Daily to reach $50/55 and this will be a good step for them, but to show full domination on the movement they need to close above $65 weekly and this will be clear confirmation for new ATH, there will be a clear way to new ATH.
(Bearish term) 📉 Bears have broken (MA 50) on 4H TF, They keep trying to make the bulls suffer, and this will happen by breakdown 40K daily, which make prices pullback to 36/32K, and make bears the sole dominators on movement and killing hopes for any new ATH in near future by back below 30K if they did.
🎬Current action, We are outside, watching the market. Whales can do some tricky moves in this area 48/51K, between fake breakout or panic sell candle, So this area working as a psychological zone for traders, and if you don't own BTC from our signals we shared with you, we advise you to stay away until we have one winner and clear direction for the market. this squeezing area gives some scalping trades but we will avoid it as well.
👨💻My personal opinion,(Biased view, Subject to fail) as I said in the last update, i believe there is another sell-off for the market from 48/50K ( there -7.5% from 48K). and i also believe the market has started a bearish cycle since this dump from 65K which i keep saying on the updates, but after all, we can't ignore movement so we trade with movement and send signals based on it, and this opinion is still active with the terms we have set.
So, as long as BTC didn't close above 65K weekly! we will see BTC dip again, during that, we keep trade with movement as we doing always.
Please read this user guide 📖 , before you start following us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
[27.08.21 07:36] [In reply #BTCUSDT Short-term update! After pump by +10% from this squeezing area we mentioned in the last updates, BTC got pullback by -9% from this (trap zone) we talked about it on our updates, you can review the last updates we posted on 18/20 Aug about movement and our view, and you find BTC doing exactly what we looking for.
Current movement, we can see BTC Bulls got rejected from 50XXX ( trap zone) we mentioned in the previous update, after this pump from squeezing area we talked about on 18 Aug at 45K.
There is nothing new we can add to our view. so we still have the same view and the same plan, which we shared with you on 18/20 AUG for BTC movement.
18 Aug update
Take your time to read bullish and bearish terms for BTC, and below it there our personal view.
Please read this user guide 📖 , before you start following us: 👇
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment
[In reply #BTCUSDT Short-term update!
Current movement: for the last 10 days, Bulls kept BTC steady above 46K and until now, there no break out/down for terms we set. As we mentioned
(Bullish term) 📈 Bulls need to breakout 48K Daily to reach $50/55 and this will be a good step for them, but to show full domination on the movement they need to close above $65 weekly and this will be clear confirmation for new ATH, there will be a clear way to new ATH.
(Bearish term) 📉 Bears have broken (MA 50) on 4H TF, They keep trying to make the bulls suffer, and this will happen by breakdown 40K daily, which make prices pullback to 36/32K, and make bears the sole dominators on movement and killing hopes for any new ATH in near future by back below 30K if they did.
🎬Current action, There Chance for Scalping above $47 but We still outside, watching BTC. Whales can do some tricky moves in this area 48/51K, between fake breakout or panic sell candle, So this area working as a psychological zone for traders, and if you don't own BTC from our signals we shared with you, we advise you to stay away until we have one winner and clear direction for the market. this squeezing area gives some scalping trades but we will avoid it as well.
👨💻My personal opinion,(Biased view, Subject to fail) as I said in the last update, i believe there is another sell-off for the market from 48/50K ( there -7.5% from 48K). and i also believe the market has started a bearish cycle since this dump from 65K which i keep saying on the updates, but after all, we can't ignore movement so we trade with movement and send signals based on it, and this opinion is still active with the terms we have set.
So, as long as BTC didn't close above 65K weekly! we will see BTC dip again, during that, we keep trade with movement as we doing always.
Please read this user guide 📖 , before you start following us: 👇
Good luck to all.
🙏we ask Allah reconcile and repay🙏
If you want to trade this stability above 46K, and have a positive view about the movement here risky Scalping signal Ps: we will not take this signal and we will wait
#BTCUSDT Got bounced by -5% from the Trap zone area we set
right now, If BTC closed below 50K Daily we will see 48/46/44/37/32K step by step, this view will fail if BTC Closed above 55K/65K Daily/weekly !!
we recommend you take a look at the last update we posted
🙏we ask Allah reconcile and repay🙏
Comment
#BTC goes directly to 43XXX and costs us SL!
We think the price will start calm around this level before going to 40/37K
we ask Allah reconcile and repay.
Comment
Comment
[21.09.21 23:42] [In reply to ] #BTCUSDT
1H TF shows bullish divergence for Btc at 40K which means a chance for a pullback to 43K previous resistance! if the bulls use this divergence, But we still see the 37k zone as a good support to take scalping trade from it, but if prices rebounded from here to 43/44K we will cancel the plan about scalping 37K!
🎬Current action, if You want you can go with what the chart says and go with bullish divergence but I don't have much confidence in it, so be careful and follow your risk management.
Ps: We could be wrong or right, so be sure to do your own research.
Please read this user guide 📖 , before you start following us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
[22.09.21 20:21] [In repl #BTCUSDT BTC retest the 43k/44K zone and followed this bullish divergence we talked about in the last update! if you take any scalping trades from 440/41K be sure to book some profits and secure them.
🕵️♂️Current movement: BTC has retested the 44K area and that was the last support line before the breakdown to 40K, right now, we notice a decrease in selling momentum But there is no significant increase in the buy that suggests the bulls are over again, So we still looking for another selling wave to $34/32K and lower than these levels probably. this view will fail if the bulls reclaimed 50/55K Daily!
🎬Current action, Due to this rebound from 40K to 44K, we will cancel these scalping limits at 37K as we explained in the last update, and we will wait for BTC at 34/32K!.
Ps: We could be wrong or right, so be sure to do your own research.
Please read this user guide 📖 , before you start following us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Comment
[27.09.21 16:38] [In reply to 🙏we ask Allah reconcile and repay🙏
[29.09.21 16:28] [In reply #BTC Price got another reject by -8.5 from 44K for the second time after the last updates we posted, also BTC got dump by -25% since this update about the trap zone from 550/52K
in current time, We still follow the plans we posted since 64K and our view is still the same as long as there is no change in the chart!
4H TF Showing Bearish H&S inside this bearish pennant, Both are valid as long as BTC didn't breakout 46K daily!
Ps: We could be wrong or right, so be sure to do your own research. Please read this user guide 📖 , before you start following us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
[01.10.21 13:08] [In reply to #BTCUSDT Quick update
nice movement from bulls by breaking out 47K in the midday with a new monthly candle opening after 9 days of sideways movement between 40/45K!!
our short-term plan is still valid as long BTC didn't close daily close above 46K!, if BTC confirmed this breakout we will buy a 43K retest probably!
main plan about another dips to 32K maybe lower is active also as long as no daily/weekly close above 55K/65K.
Important levels for this short-term movement Current resistance 48/51K Current support levels 45/43K 441/39K
we ask Allah reconcile and repay
Comment
New Monthly Update! we ask Allah reconcile and repay
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