HamadaMark

#BTC Morning updates ( 1/8/2019 )

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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Good morning to all traders, bulls & bears
Please read the details we mentioned below this chart carefully. Thank you for your support



In the last update, we talked about this stability above $9100 and said although with this bad performance On the weekly/Monthly this holding is a good thing
and talked about movement on 1H / 4H / Daily TF and our action was the same we looking for a dump to $8700/8200 third support in our plan from $13750
But if btc breakout $9750/9900 probably, in this case, we will trade btc , The diff thing we took early action and we opened a trade from $9680 and we mentioned that in the same update.
after that, Btc got a pump and didn`t follow what we looking for by dump to $8750/8200 and breakout $9750 if you traded this breakout as we recommend in the last update BTC grow about +4%

New update
in this update, we will talk about the most important challenges facing the BTC to keep moving up, and our retracement plan from $13750 it's still active or not

Current movement:
Btc show clear breakout for $9750 and Descending channel on 4h TF, but this not mean the moon, btc still has a lot of challenges to overcome, like, Btc needs to breakout $10250/10750 /11500 $13750 breakout to say yeah btc will go to $15600 17750 again why that?
Due to weekly / monthly close show very bad performance for bulls and implies for more dips


Our Current Action:
About current movement, in 4H TF $10250/10400 is resistance if btc fail to pass it we will see a bounce to $9650 based on the reaction from this level we will buy btc again or not
During that, we wait and monitor the performance from these levels and trade with movement as we doing always
Breakout= Buy
Bounce and fail = wait for next support

About our retracement plan from $13750 !!
the plan was about dips to
$10500 Btc Hit and rebounded twice
$9500 Btc Hit and rebounded twice
$8200 still active
$7400 still active
$6600 still active

As we explain before breakdown $9100 daily will come with selloff for btc and support below this level comes at
$8500/8200
$7600/7400
$6600/5500
we looking for entry from these levels

Nothing changes in our plan, as long as, btc move below
In the short term, This plan still active as long as btc moving below $10500/11500 daily
In the Midterm, This plan still active as long as btc moving below $13750 daily


Ps:
During this movement between $13750/9000, we shared many signals for movement and traded it, as you know we trade only long positions without leverage, so even if we expect dump we keep trade with movement!!


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 $13500 monthly (was 11500 we change it to 13500) due this bad performance on monthly frame

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, but if fail to do that we care about movement and how to trade 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!!


All updates and analyses shared on TV and TG you can check them one by one you are free to leave your feedback there!!

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

Comment: BTC show bounce from $10200/10350 resistance zone
as we mentioned Our Current Action:
About current movement, in 4H TF $10250/10400 is resistance if btc fail to pass it we will see a bounce to $9650 based on the reaction from this level we will buy btc again or not
During that, we wait and monitor the performance from these levels and trade with movement as we doing always
Breakout= Buy
Bounce and fail = wait for next support

We ask Allah reconcile and repay
Comment: The picture speaks for itself ( Monthly frame )

Here Short explains about the midterm and long term for btc

Retest $7400/6500 then rebound again, in this case, btc will turn to bullish wave and breakout $13750 will push to $16500/22500/31000/36000 as new ATH
But if btc breakdown $5500 and close below it monthly we will see another big panic wave with the death of most altcoins
we would like to see the first scenario due to this will be nice trading and movement for most traders but the wishes don't work in the market as we said before


so we have a plan, and the plan saying
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 $13500 monthly (was 11500 we change it to 13500) due this bad performance on monthly frame

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, but if fail to do that we care about movement and how to trade it no more.

Ps:
During this movement between $19600/$3200, we shared many signals for movement and traded it, so even if we expect dump we keep trade with movement!!, as you know we trade with long positions without leverage.



Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
Trade closed: target reached: Trading with movement posted on Tg due to access there and updates easier than TV
Scalping from 10110
#BTC/USDC Take-Profit target 2
Profit: 1.6198%
Period: 57 Minutes

Scalping from 9685
#BTC/USDC Take-Profit target 4
Profit: 5.9918%
Period: 1 Days 18 Hours 3 Minutes

We ask Allah reconcile and repay
Comment: Scalping 3

#BTC/USD Take-Profit target 1
Profit: 0.7585%
Period: 22 Minutes ⏰
Trade closed: target reached
Comment: Be sure you follow risk Management in our scalping signals

We still looking for dump for btc in short terms as long as it moves below 10500/11500/13500 daily/ weekly

In long term btc is good and bullish as long as btc hold above 5500 monthly


During that we track it and trade with market movements

We ask Allah reconcile and repay
Trade closed: target reached: Wild Bitcoin™
Scalping 3 from entry 11479 tp1 achieved then we closed at entry
We ask Allah reconcile and

Scalping 4 from $10550/10339
Price hit both limits then rebound to 108xx right now

Was nice entry but we canceled signal early

We ask Allah reconcile and repay

Currently active scalping from


$9685 hit TP 5 +8.57% TP 6 last TP is hold

$10110 hit TP4 +6.40% still has TP5/6

Both scalping still at entry

Ps:
Be sure you follow risk Management in our scalping signals

We still looking for dumpfor btc in short terms as long as it moves below 10500/11500/13500 daily/ weekly

In long term btc is good and bullish as long as btc hold above 5500 monthly


During that we track it and trade with market movements

We ask Allah reconcile and repay
Nicely put, I also think things can go similar, check out my analys and let me know what you think.

+1 Reply
HamadaMark VickzinBK
Nice setup dear@vick2592,
Reply
Great job !!
+1 Reply
HamadaMark m7mdtaha124
Thanks dear brother @m7mdtaha124,
Reply
I am bullish long term. I think you too.
+1 Reply
HamadaMark CryptoBullet
Long term yeah as long as btc holds above 5500 weekly /monthly @CryptoBullet,
Reply
Nice chart
+1 Reply
HamadaMark PringleDealer
Thanks, my dear @PringleDealer,
Reply
Nice @Zivul33,
Reply
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