#BTC Will countine Dump or Not?! for BITSTAMP:BTCUSD by HamadaMark

Good evening to all traders, bulls & bears
Please read the details we mentioned below the chart carefully. Thank you for your support.

The Answer is:
Yes, By breakdown ( SMA 50 $9100 Daily ), BTC will Confirm More Dump to $8200/7400 maybe lower
So for more dump btc need to breakdown $9100 daily !!

Current Action:
we trade this stability above $9800/9500 but we looking for more dump soon, and breakdown $9100 will confirm that

Main levels for btc
$9500/9200
$8500/8200
$7600/7400
$6600/5500

our update about last week movement
Press Play

#BTC A new trading week will be with Bears or Bulls?!

Now let us take a look in the chart and pervious work with BITCOIN!!
In last update for btc we talked about the movement on multiple TF for btc, now we will re-mention specific TF
here this analysis if you want to take a look

Daily TF
Have a chance for Double top also there big bullish divergence there!!

Weekly TF
show good defense from bulls and there a chance for another Doji candle from $9000 !! bullish reversal sign!!

Monthly
has bad performance and with closing at $10500 or 11500 Monthly indicate more dips!!

=================
1H compleat beairsh H&S and support our view for dump from $11050/11120 we was waiting for this dump!!

4H TF
Trick many by this false H&S and follow this ascending wedge we draw there and got a dump

The weekly TF
got a nice closing ( But BTc keep dumping)

The DailyTF
shows a Double Top pattern and a chance to breakdown this bullish DV

Monthly TF
still continues this bad performance no change

====================
Yeah signs still mixed, but the movement shows how bulls are weak, and based on our plan for retracment dump from $13750 we expect more dump for btc, and breakdown $9100 daily will support that

Our analysis and waiting for dump form $13750
Inside this chart,

Our retracement plan from $13750 was about dips to
$10500 Btc Hit and rebounded twice
$9500 Btc Hit and rebounded twice
$8200 still active
$7400 still active
$6600 still active

short term , This plan still active as long as btc move below $11000/11500 daily
Midterm, This plan still active as long as btc move below $13750 daily

During this, we trade with movement !! from these levels

Also
we were waiting for dump $13750

from $12800/13200 we were waiting for dump

from $11750/12000 we were waiting for dump

from $10650/10850 we were waiting for dump

from $11050/10750 we were waiting for dump

from $9200 we were looking for scalping

Ps:
during this movement between $13750/9000 we shared many signals for movement and traded it, as you know we trade long movement only without leverage so even if we expect dump we keep trading with movement!!

About our prediction Since breakout $5500?! ( Long Term)
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 $13500 monthly (was 11500 we change it to 13500) due this bad performance on monthly frame

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, but if fail to do that we care about movement and how to trade it no more.

Ps:
we don`t short btc 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 $$11500 $13750

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!!

All updates and analyses shared on TV and TG you can check them one by one you are free to leave your feedback there!!

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

Comment:

Trading above $9500/9800
Binance
#BTC/USDC Take-Profit target 2
Profit: 2.1662%
Period: 3 Hours 6 Minutes
We ask Allah reconcile and repay

Comment:

30 Min following last update and dump from 9960 to $10200

right now 30 Min TF
TF Shows Bearish Divergence
Resistance $10200/10350 expect dump from them to $9500/9200

we ask Allah reconcile and repay.

Comment:

1 H TF following the same vision on 30 Min TF

bearish Divergance below SMA 200

we ask Allah reconcile and repay.

Comment:

#BTC

BTC keep the following our updates and got dump as we looking for from $10200/10350 resistance
Current Support range between $10350 /9000 located at
$9500
$9200 as we mentioned in last update

in Midday update breakdown $9100 daily this support our plan for more retrace to
$8500/8200
$7600/7400
$6600/5500

we looking for entry from these levels and our plan still active
as long as btc move below $10850 daily, in short term move
as long as btc move below $13750 daily, in a midterm move

Current Action :

Waiting for $9500/9200 if we got a reaction from them to scalping BTC we will try to take this chance if breakdown $9100 we will move to main levels directly, so be close and follow updates and risk management

we ask Allah reconcile and repay

Comment:

looks the breakdown come directly
we track $9500/9200 for now
breakdown $9100 daily this support our plan for more retrace to
$8500/8200
$7600/7400
$6600/5500
we looking for entry from these levels

we ask Allah reconcile and repay

Comment:

Price hold well above $9500 we still follow last update no change
we track $9500/9200 for now
breakdown $9100 daily this support our plan for more retrace to
$8500/8200
$7600/7400
$6600/5500
we looking for entry from these levels

see you after 4/6 H good luck to All
we ask Allah reconcile and repay

Comment:

after cancellation for the last scalp from 9750/9650 Btc got a rebound to $9900 +3%

Until now BTC still moving inside Descending Channel below SMA 100 30 min TF and show a chance for bullish Divergence

we looking for more drop below $9500
our current action
track $9500/9200 for now
breakdown $9100 daily this support our plan for more retrace to
$8500/8200
$7600/7400
$6600/5500
we looking for entry from these levels

we ask Allah reconcile and repay.

Trade closed: target reached:

Bassed on Current action as mentioned in the updates

#BTC/USDC Take-Profit target 1
Profit: 0.8874%
Period: 2 Hours 27 Minutes

Current Action:
we trade this stability above $9800/9500 but we looking for more dump soon, and breakdown $9100 will confirm that

we ask Allah reconcile and repay.

Comment:

BTC move around resistance $9900/10050 ( SMA 100) and we expect the downside from here again

Breaking that channel will change the course of course!! and BTC will have the ability to hit $10150/10250

Our plan
breakdown $9100 daily this support our plan for more retrace to
$8500/8200
$7600/7400
$6600/5500
we looking for entry from these levels

Breakout $10900 daily short term will change our plan

Current action we trading movement between $9500/$10500
Scalping from $9690 TP1 Achieved
Sl moved to $9545

we ask Allah reconcile and repay.

Comment:

#BTC
Breakout $10050
#BTCUSDC

Buy : 10060 - 9700

Target 1: 10175
Target 2: 10326
Target 3: 10476
Target 4: HOLD

Stoploss: 9578

Invest: 10%
Risk/Reward: 3.00% / 4.50%

we ask Allah reconcile and repay.

Trade closed: target reached:

#BTC/USDC Take-Profit target 1
Profit: 1.1431%
Period: 33 Minutes

Move stop_loss to 9700

we ask Allah reconcile and repay.

Comment:

In last updates
we talked about movement around resistance $9900/10050 ( SMA 100) and we were expecting a drop from this zone
( Btc breakout and our expect failed )

but as we doing always we explain the whole movement, then set our expectations or current action

in the same update, we said
Breaking that channel will change the plan of course!! and BTC will have the ability to hit $10150/10250

New Update check it

we ask Allah reconcile and repay.