HamadaMark

#BTC Mid Day Update!! 7/11/2019

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Please read the details we mentioned below the chart carefully. Thank you for your support !!


In The Last update after our analysis for this bearish DV from $13200

we set $11500 as Bullish and Bearish Key and we mentioned
Closing below it means resume our retracement plan and BTC will retrace lower levels at $10900/$10500/9100 Maybe lower
Hold above it means bulls defend well and BTC able to continue his growing again !!

Our prediction for (Short term) since last night:
we can see sideways movement for BTC for the next 3 days, but if BTC didn`t follow that, we expect more drop and resume our retracement plan by breakdown $11500 daily !!


This morning we got a scalping from $11400 Hit $11635 nearest our TP1 11660 we closed at 11440 !!
Then Due to stability, we got another Scalp from $11430 Btc Hit $11830 Still active


Current movement:
Btc still holding above $11500 daily even if it tests $11150 today but there no daily close yet below it and as long as BTC above this level daily we can see btc rebounded again as we mentioned before !! breakdown resume our retracement plan directly

Current Action:
we use 30/1/4 H frame until daily close, as you see we use this frame to get scalping signals and trade movement


A brief summary of our retracement plan :
sell at 13750 and wait for dump
from $13750 we set these levels as important levels for BTC retracement!!

$10550/10350 Good for Scalping we got scalp form it to $12900
$9500 Good for Scalping we got a scalp from $9850/9650 close early at entry
$8200 Good for Mid Term
$7400 Good for Mid Term
$6600 Good for Mid/Long Term

and we mentioned the best buy zones at
$8200
$7400
$6600
this plan still active as long as BTC below $13750 daily !! said since our prediction for dump from $13750 !!


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 $11500 monthly as we mentioned !!


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 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!!


Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
Comment: 30 Min frame

We ask Allah reconcile and repay
Comment: Possible scenario if BTC keep holding above 11500 /11250 daily


We ask Allah reconcile and repay
plz cheak my share idea on tradingviwe
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HamadaMark Make_Money_Guru_Bitcoin
Sure !@Make_Money_Guru_Bitcoin,
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HamadaMark Make_Money_Guru_Bitcoin
Thanks, dear @Make_Money_Guru_Bitcoin,
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