#Bitcoin Price Prediction ( Daily Update 17/11/2019)
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.
(Don't forget to support our idea Press like means :love: leave feedback means you appreciate our work, and we are thankful for both!!)
#BTC
Bulls fail to breakout $8800 and the bears flooded btc to $8650 /$8350
In the last update, we mentioned
bulls facing (SMA 50) $8800 as resistance breakout it we will see $9100 as the next resistance and that will be the real test for bulls to make a good push if they fail to break out it the bears will have a chance to pull btc down to $$8650/$8350/$7750/$7200/6600/6100 again
Although we didn`t take a side on this movement but we told you about midterm movement and what it means for the last movement, you can take a look at the last update.
Now time to continue our updates:
Current movement: Update range $9100 / $5500
(4H TF)
we can see Btc moves below (SMA 200) in support range at $8650/7850 and it holding above midline at $8250 although the bears break (SAM 200) no big panic for btc until now !! also there chance for cross between (SMA 50 /200) which bearish sign but we don`t give it more attention
(Daily TF)
from the first look, you will see btc closed below (SMA 50) daily after 19 days of stability above it which means bears dominate more with there clear respect for this bearish trend from $10250, but there`s an interesting point at this frame you can see Doji Morning Star Pattern The last STAR we scoped Btc got pump by +4% after it
(Weekly TF)
Today is the last day on the trading week and on the weekly frame and there is a big bearish candle above $8250 weekly support which means bears dominate on movement at this frame also!!
(Monthly TF)
After this tie in the last game between bulls and bears obviously, in the closing of the last monthly candle, Current candle shows bears take the lead and dips directly which means they looking to win this match, but who`s knows, there still 13 days available before the monthly close which mean the vision and acquisition can be completely changed !!
After checking the trading frames for btc let us tell you what bulls need to take the lead and what the critical levels for current movement and what we will do!!
first, bulls need to pull back and close today at $8750/8800 if they want to save time and take the lead surely they need more than that, but if they did this pullback this will be enough for now!!
Critical levels for the current movement located at
$8800/$9200 (SMA 200)
$8150/7800
which means close above $8800/$9200 support bulls and will fomo some people and the opposite if bears break $8150/$7800 daily or weekly will see a fud
Our Action:
based on Daily the performance between $8550/$7800 and this Doji MORNING STAR there we can take the risk and average buy orders from this support range but you need to know the rest frames looking bad, so if we shared a signal with you from this range be sure you follow risk management as we doing always!!
Current signals we have :
$3150 ( Signal Proof) Hit $13750 Still active
$3322 ( Signal Proof) Hit $13750 Still active
$3762 ( Signal Proof) Hit $13750 Still active
$4050 ( Signal Proof) Hit $13750 Still active
$7400/$7100 mentions since 27 Jun / 24 Sep and 24 Oct also On TG channel
$8650 Hit TP3 +20% Still active
$8650 Hit TP1 still active
========================================
About midterm movement:
as long as btc move below $10950 bears still has a chance to dump btc more
Our Retracement plan for Btc from $13750 Since June 2019 take a look
About long term movement:
As long as btc hold above $5500 monthly the bulls has a chance to pump btc to a higher level ( New ATH )
Price Prediction:
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.
Please read these details we mentioned below this chart carefully. Thank you for your support.
(Don't forget to support our idea Press like means :love: leave feedback means you appreciate our work, and we are thankful for both!!)
#BTC
Bulls fail to breakout $8800 and the bears flooded btc to $8650 /$8350
In the last update, we mentioned
bulls facing (SMA 50) $8800 as resistance breakout it we will see $9100 as the next resistance and that will be the real test for bulls to make a good push if they fail to break out it the bears will have a chance to pull btc down to $$8650/$8350/$7750/$7200/6600/6100 again
Although we didn`t take a side on this movement but we told you about midterm movement and what it means for the last movement, you can take a look at the last update.
Now time to continue our updates:
Current movement: Update range $9100 / $5500
(4H TF)
we can see Btc moves below (SMA 200) in support range at $8650/7850 and it holding above midline at $8250 although the bears break (SAM 200) no big panic for btc until now !! also there chance for cross between (SMA 50 /200) which bearish sign but we don`t give it more attention
(Daily TF)
from the first look, you will see btc closed below (SMA 50) daily after 19 days of stability above it which means bears dominate more with there clear respect for this bearish trend from $10250, but there`s an interesting point at this frame you can see Doji Morning Star Pattern The last STAR we scoped Btc got pump by +4% after it
(Weekly TF)
Today is the last day on the trading week and on the weekly frame and there is a big bearish candle above $8250 weekly support which means bears dominate on movement at this frame also!!
(Monthly TF)
After this tie in the last game between bulls and bears obviously, in the closing of the last monthly candle, Current candle shows bears take the lead and dips directly which means they looking to win this match, but who`s knows, there still 13 days available before the monthly close which mean the vision and acquisition can be completely changed !!
After checking the trading frames for btc let us tell you what bulls need to take the lead and what the critical levels for current movement and what we will do!!
first, bulls need to pull back and close today at $8750/8800 if they want to save time and take the lead surely they need more than that, but if they did this pullback this will be enough for now!!
Critical levels for the current movement located at
$8800/$9200 (SMA 200)
$8150/7800
which means close above $8800/$9200 support bulls and will fomo some people and the opposite if bears break $8150/$7800 daily or weekly will see a fud
Our Action:
based on Daily the performance between $8550/$7800 and this Doji MORNING STAR there we can take the risk and average buy orders from this support range but you need to know the rest frames looking bad, so if we shared a signal with you from this range be sure you follow risk management as we doing always!!
Current signals we have :
$3150 ( Signal Proof) Hit $13750 Still active
$3322 ( Signal Proof) Hit $13750 Still active
$3762 ( Signal Proof) Hit $13750 Still active
$4050 ( Signal Proof) Hit $13750 Still active
$7400/$7100 mentions since 27 Jun / 24 Sep and 24 Oct also On TG channel
$8650 Hit TP3 +20% Still active
$8650 Hit TP1 still active
========================================
About midterm movement:
as long as btc move below $10950 bears still has a chance to dump btc more
Our Retracement plan for Btc from $13750 Since June 2019 take a look
About long term movement:
As long as btc hold above $5500 monthly the bulls has a chance to pump btc to a higher level ( New ATH )
Price Prediction:
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.
- Q&S
Is that time for mega bullish once again?
to say that, we need btc to back above $10950 once again daily/weekly as the first sign for the power of bulls and confirm that by breakout $13750 daily/monthly
What your vision for the long term?!
new ATH Target at $27000 $36000 as long as btc holding above 5500 monthly breakdowns it we will see $1500 this time
About continue retracement to $6600/6100?
Yes, Btc has big chance to visit these levels as long as btc move below $10950 Daily / weekly,
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( shows positive reaction now) 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.
For more info about how our bitcoin updates work check this
bit.ly/30DchPd
Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
Trade closed: target reached:
Binance Signal posted on Tg mentioned
#BTC/USDC Take-Profit target 1
Profit: 1.238%
Period: 44 Minutes ⏰
We ask Allah reconcile and repay
#BTC/USDC Take-Profit target 1
Profit: 1.238%
Period: 44 Minutes ⏰
We ask Allah reconcile and repay
Trade closed: target reached:
Binance
#BTC/USDC Take-Profit target 1
Profit: 1.6055%
Period: 20 Minutes ⏰
We ask Allah reconcile and repay
#BTC/USDC Take-Profit target 1
Profit: 1.6055%
Period: 20 Minutes ⏰
We ask Allah reconcile and repay
Trade closed: target reached:
Binance, KuCoin Tg Signals
#BTC/USDC Take-Profit target 1
Profit: 2.3343%
Period: 36 Minutes ⏰
We ask Allah reconcile and repay
#BTC/USDC Take-Profit target 1
Profit: 2.3343%
Period: 36 Minutes ⏰
We ask Allah reconcile and repay
👋 Be a trader, not a gambler, by following risk/capital management!!
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏