HamadaMark

#BTC we still looking for more retracement, How to trade it?!

HamadaMark Updated   
BITSTAMP:BTCUSD   Bitcoin
#BTC

In the last update after our analysis for a drop from $13750
we set
$10550/10350 As first retrace level and also as scalping zone
Btc hit this levels then rebounded to $11450, also our signal from $10450 Hit TP3 at $11150


Current Movement:
Btc got a rebound from (SMA 50) 1350 to ($11450 SMA 25)
So if btc fails to breakout ( SMA 25) we will see more retrace to our next targets:
$9500/9200 Good for Scalping
$8200 Good for Mid Term
$7400 Good for Mid Term
$6600 Good for Mid/long Term

As we mentioned Best buy zone in these levels is
$8200
$7400
$6600


If Btc breakout ( SMA 25 4H TF ) Next Targets will be
$11750
$12000
$12525

Current Action:
Depending on Our analysis we looking forward to more retracement for btc so be sure you check your active signals and booked some profit !! No Action to take. except in one case, breakout SMA 25 probably we will add more long signal depending on the movement !!



Our signals: Some of them still active the last target is Hold we hold for max profit
$3150 ( Signal Proof) Hit $13400
$3322 ( Signal Proof) Hit $13400
$3762 ( Signal Proof) Hit $13400
$4050 ( Signal Proof) Hit $13400


$7800 ( Signal Proof) Booked Profit at $8550 Price Hit $13400
$8245 ( Signal Proof) Booked Profit at $9070 Price Hit $13400
$8720 ( Signal Proof) Booked Profit at $9100 Price Hit $13400
$9350 closed at $9280 -0.75% ( Signal Proof)
$9260 ( Signal Proof) Booked profit at $9700 Price Hit $13400
$10550 ( Signal Proof) Booked profit at $10850 then hit sl at entry
$10650 ( Signal Proof ) Booked profit at $10900 Price Hit $11240 Then hit sl at entry
$10950 ( Signal Proof ) Booked profit at $12000 Price Hit $13400
$12550 ( Signal Proof ) Booked profit at $13150 done
$13690 ( Signal Proof ) Booked profit at 13750 done
$11900 ( Signal Proof ) Canceled
$10450 ( Signal Proof ) Booked profit at $11150 TP4 HOLD Sl at entry
Most of these signals gained good profit passed 100% and last target still hold Sl at entry !! (all thanks to Allah )


About our prediction Since breakout $5500?!
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 since more than 3 month ago !!

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 never!! 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 $9000/$11500


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!!


We shared two updates talking about the long term for btc check them

1-
BTC-Simple-Explanation-for-NEW-ATH-Dips-Best-Buy-Zones

2-
#BTC Is That Time For New ATH? ATH / Disp / Support / resistance ATH Targets / Best buy zone Check it

3-
About New ATH Condition and has analysis for a bounce from $13750/14200


About Alts Check this update


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


Comment:
#BTC
like cat and mouse

we open scalp from $10985 Then Price Hit 11148 TP1 was 11150 Here is Cat
Due to weak reaction, we close scalping at $10950 Then Price went down to $ 10735 Our Sl was $10750 here is a mouse

and BTC completed the cat and mouse serial by rebounding to $12000 +11% :), that was a funny episode !!
due to we didn`t wait to watch it till the end and we go to sleep


Current movement:
BTC reach (SMA 100) $12000 and entry from here it's very late and depending on our view we wait for more retracement,
also, we mentioned if btc breakout (SMA 25 4H TF) the Next targets will be
$11750 Achieved
$12000 Achieved
$12525 No yet


So Current Action :
No available entry so we will wait for more retracement as long as btc moves below $13000 daily ( This a condition for movement)

The last Scalping from $10450 Still Active TP3 $11150 Achieved
TP4 Hold Split at
$11850 Current price
$HOLD



We ask Allah reconcile and repay
Comment:
Comment:
#BTC

BTC, as we mentioned in last update, breakout ( SMA 25 ) Next Targets, will be
$11750
$12000
$12525 Btc hit $12425

Current movement:
Btc reached the good and strong resistance area at $12450/12550, if btc fails to breakout, we will see btc bounced to $11750 as current support breakdown this level we will see btc continue his retracement again !!

Current action:
No available entry so we will wait for more retracement as long as btc moves below $13000 daily ( This a condition for movement)

The last Scalping from $10450 Still Active Booked profit at $11850 last target Hold sl at entry

Scalping from $11700 Booked profit at $12270 last target is hold stop_loss at entry


We ask Allah reconcile and repay
Comment:
#BTC
from $12450 /12550 fail to breakout it and got bounced to $11750 Breakdown to $11350 !!
In the last update, we said we will wait for more retracement as long as BTC moves below $13000 daily ( This a condition for movement) !!

In the main update in this chart, we told you about movement conditions and we traded it also with you, that conditions were:
if btc breakout (SMA 25 4H TF) the Next targets will be
$11750 Achieved
$12000 Achieved
$12525 hit 12400 !!
That was for bullish movement, and we got some scalping trades
from $10450 to $12400 still active Sl at entry
from $10950 closed then btc hit $10750 and rebound to $12400
from $11700 TP 12150 achieved, the price hit $12400 was inside signal, then hit sl at entry
and right now we have scalp also from $11350 very close to our targets All Thanks to Allah

Ps:
you need to know after all of this trades we expect more retrace for btc as we mentioned in the beginning !!

BTC retracement targets:
$9500/9200 Good for Scalping
$8200 Good for Mid Term
$7400 Good for Mid Term
$6600 Good for Mid/long Term

As we mentioned Best buy zone in these levels is
$8200
$7400
$6600
and this plan still active as long as btc move below $13000 daily !!


Current movement:
BTC breakdown (SMA 100) another move supports our plan,
we scalp this move from $11350 already so right now nothing to do except gain targets and wait for the next dip!!




About our prediction Since breakout $5500?!
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 since more than 3 month ago !!

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 never!! 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 $9000/$11500

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!!

We ask Allah reconcile and repay
Comment:
NEW Update
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 ❤️🙏
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