HamadaMark

#Bitcoin Price Prediction ( Daily Update 9/10/2019)

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 mentioned below this chart carefully. Thank you for your support.



After last update we shared with you BTC got Dump to $77XX lost about 7.5% of his value and this was good thing due to we got long signal between 8025 - 7819 with our previous signal between 7838 - 8043 since this dump to 77XX we shared many long signals for btc and 99% of them hit targets already !!


Now back to Chart you can see btc goes nicely with green bars on it and this bullish movement is expectation thing due to you can see Bullish engulfing pattern easily on the daily frame but the question now is btc will go up more?

As we mention in the last update if btc breakout $8900 we can see $9100/$9500 and this no bullish movement it's still retracement movement so btc need to go back above $10950 daily weekly to say yes BTC can go up more !!


So the current action is :
waiting for breakout $8750 ( SMA 200 Daily) for more retracement to $8900/9100/9500 if btc fail to that btc will dump once again easily !!

About Signals:
if you joined these signals we shared with you follow these targets we set.
if you didn`t follow these signals buying now is unwanted due to it has bad R: R so waits for next buy signal we will share it with you if we got a good chance !!

About continue retracement to $6600/6100?
Yes Btc has big chance to visit these levels as long as btc move below $10950 Daily / weekly, Allah willing, we will track movement closely to catch the best chance with Best R: R


There some people asking if btc can go below $5500 again?!
The answer this is crypto so this can happen easily but as long as btc hold above $5500 monthly hard to say that, yeah monthly frame looks bad but btc still move in a good range so don`t care about what will happen tomorrow just care about now, if you did, you will be ready for anything.

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, the closing above $7500 means btc takes first recovery step, but to confirm more bullish steps, btc still need to move, so putting prediction, with current movement!! it's like gambling, 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 changed it to 13500) due to this bad performance on monthly frame

About Our Predictions!!
Our trades don`t depend on the prediction, our trades based 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.



For more info about how our bitcoin updates work check this

http://bit.ly/30DchPd

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




Trade closed: target reached: Coinbase Pro / Binance
#BTC/USDC Take-Profit target 4
Profit: 7.0246%
Period: 2 Days 4 Hours 9 Minutes ⏰

Bittrex, Coinbase Pro, Bitfinex
#BTC/USD Take-Profit target 2
Profit: 6.5653%
Period: 9 Days 5 Hours 13 Minutes ⏰
We ask Allah reconcile and repay
Good work, many thx!
You are possible one of best teachers on Tradingview. God blees you and your family!
+1 Reply
HamadaMark lubos.holicka
Thank My Dear @lubos.holicka, Really Appreciated your kind words.
Reply
Thanks you for your excellent job. Your analises are cold, exact, without any bias... it is not often situation among traders. Let the God bless you. Keep you work.
+2 Reply
HamadaMark Window_Licker
u are welcome Dear @Window_Licker, and thanks for your kind feedback.
Reply
Very good work, many thx!
+1 Reply
u are welcome Dear @drmogyi,
Reply
Thanks for your feedback @drmogyi,
Reply
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