HamadaMark

#BTC what after this Bloodbath!! back to zone!!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Good morning dears bulls & bears this is our daily update for btc , Please read these details we have mentioned below this chart carefully.


In this update, we will talk about
The Previews updates
About Short/Midterm movement!!
About recovery chance!!
Reversal zones and trading plan!!
About Patterns
Recovery time frame:
About Current signals




26 Jan update as you know we have tow terms for BTC updates
short term/mid long term

and in this update on 26 Jan we mentioned that
all in midterm $9200/10500 still main resistance to breakout the current custom range and achieve new targets and as long as btc moves below these levels the chance to see $5800/4800 is active and if btc back below $7000 once again will confirm this targets.
you can check from here

During that, we were tracking the movement and trade with it, although we were looking for $7500 as a right shoulder for BTC and chance for a rebound from it we say our vote for a rebound is 50/50 and here explain for why we said that.
you can check from here

with that, we set a plan and mentioned the worst scenario for btc .
you can check from here

the point here is not a showoff or trying to say we were right or wrong the point here is we were ready and have a plan, yeah price dropped faster than any expect but after all we were ready!!

Here in this update, we will continue our updates and try to keep it simple!!
About Short/Midterm movement!!
from the chart for short term daily looks good after this bloodbath day, and most coins show a chance for scalping operations, we mentioned that since morning!!

But in mid/long term
if btc confirmed the weekly close below (SMA200) or $4500 in this case there another wave to $3500$2500 and this is second reversal zone in our plan after breakout $6500 in last day

About recovery chance!!
Here is a good point i think it will help us in next days
if BTC closed weekly at $6500 the chance for Recovery fast as dump was fast means btc will have a big chance to recover these loses
But
If btc got closed weekly below ( SMA 200) or $4500 the chance for $3500/$2500 probably $1XX will still active and can happen!!

for that, we told you to follow targets and secure your trades/capital as much as you can.

Reversal zones and trading plan!!
Second buy limits will be at $3350/$2500
Max Invest 15% /20

Last and dip buy
$1950/$1000
Max Invest 25%/30%

(No leverage) and be sure you follow the risk/capital management plan!!


About patterns:
A chance for a Descending pattern on weekly and breakout the resistance trend for this pattern will be good for sure!! and this not first time below (SMA200)

Recovery time frame:
If btc fails to pull back to $8500/$9000i next 60/90 days and breakout i suggest 2020 will be the bearish year and the next bull cycle will be at mid of 2021 or start of 2022!!

Current signals:
Since hours ago we got AVG buy at $5050 and another limit was at $3750 but btc hit $3780 and rebounded in Binance exchange, there a lucky people their buy limits have been activated, and there many not!!
anyway, we have a call from $5050 Achieved TP1 at $5500 and TP2 at $6000 about +19% your are free now to move your Sl to break-even.

Be sure you keep your capital safe and trade with risk management!!

About Our Predictions!!
Our trades don`t depend on the prediction, our trades based and depend on movement and reaction, so you need to know the expectation does not mean imposing what you want or force it to happen on a fait accompli, It's just a conclusion from the current movement of what will happen in the future and not necessarily mean the success of that conclusion,
anyway... the reality and what happens in the movement this what we sell and buy, not the expectation.
so we care about movement more than expectations!! but if btc follows what we expect this will be nice, but if btc fail to do that we care about movement and how to trade it, no more.


In the end, the information mentioned here is a personal endeavor that is subject to success or failure and we welcome constructive criticism.
All of our Btc analysis&signals come for free the only way to support us is pressing the like button and leave your feedback and sharing our updates with your friends.



Good luck to all.
Pro Crypto Signals™
🙏we ask Allah reconcile and repay🙏











Trade closed: target reached: second signal from $5550
TP2 $5950 achieved
http://prntscr.com/rgukr3
🙏we ask Allah reconcile and repay🙏
Comment: 🙏we ask Allah reconcile and repay🙏
Be a trader, not a gambler, and be sure you follow risk/capital management!!

Free channels
📺 Live Results: http://bit.ly/2SCYCF0
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we ask Allah reconcile and repay

Comments

All fantasies, specially in these high volatile days. Remmenber this, market does not care at all about your graphics or arrows, even less about your sm200 and sm50 or whatever. There is not right shoulder of fibonacci lines in the market like there is not air in the moon. You are wasting your energy, Tomorrow will be another day with another very different scenario. Your advise would be really valuable if you were able to indetify a trend weather is upward or downward that will really distinguish as an smart trader . Since is not the case better to keep quiet until you have something interesting to say.
+2 Reply
😂 @Tapita,
+2 Reply
warspite Tapita
@Tapita, hi im new to all these lines, graphs, triangles and so on ,so i would be very interested how you look at and read the charts ,hopefully it will be a lot bloody easier thanks
Reply
Thanks,
+2 Reply
HamadaMark Cryptobytiger
Thanks for sharing with us @Cryptobytiger,
+2 Reply
Oh god I found it..
+1 Reply
I'm looking at it in a similar way, W1 Is This The End!
+1 Reply
nice TA, I'm also looking for this possibility in the coming months.
+1 Reply
HamadaMark PolarHusk
Thank @PolarHusk,
Reply
Nice, im looking at a similar move

+1 Reply
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