HamadaMark

#BTC Bulls Moved back ?? Or just they set trap for bears?!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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even with these weekly wicks with this Defense is desperate for bulls on levels $3400/3500
Current movement:
Bulls show retreating from defense points that lasted more than two weeks
Let us see whether it is this signs of defeat for them or just a trap for the bear

Ps:
we trade the stability above $3400/3500 so if bears breakdown this Psychology levels, we will see panic on the market as we expect, and we will move to our Trading plan.
but if bulls show good stability and push the price up and erase the weakness on the weekly frame we will cancel our expectation for dips
So be sure you follow risk management in your trades

Previous update

Our trading plan for 2019/2020

if you want to know what we expect and why!!
read this update ...
#BTC Explanation


The Trading range:
since 20 Nov 2018 Until today
Is between $4600 $3150
So fomo will come if bulls breakout $4400/4600 weekly as we mentioned
and the panic and fear will spread if bears breakdown these levels $3150/2900 weekly
So again be sure you follow risk management in your trades

Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay
Comment: even with these weekly wicks with this Defense is desperate for bulls also Market cap move in $115.5 B after holding above $117 for two weeks and sell off for alts right now start since 48 H watch what will happen this week

Ps:
be sure you follow risk management in your trades
We ask Allah reconcile and repay

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