HamadaMark

#BTC What The next after broke $17200 ?!

HamadaMark Updated   
BITSTAMP:BTCUSD   Bitcoin
First, you need to know, We don`t short btc or use leverage or trading BLV tokens!! Also, The TA updates is an explanation for market movement(not mean buy or sell) We tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else.

in the last updates, we shared with you we were talking about retracement from $16750/$17200 and since hours ago we shared an update also for harmonic patterns support our view but BTC broke $17200 after that and all of these patterns failed, in the same post after breaking $17200 we updated the reversal zones and mentioned that!! link

$18500 (suggest trick Here)
$19650
$21500 (breakout)
$23500
$26300
$30000 (ATH)
$40000 (FOMO)
Then when the new daily candle started BTC hit $18490 and dropped to $17050 = -7.5%,


So what made BTC drop from $18500, not $19650?!! and Why we suggest $18500 as a tricky and reversal zone?!
That was a trick from whales due to after breaking $17200 the most people who were waiting for retracement go long for BTC after breaking $17200 and set $19XX as a target due to it is the next resistance line, and due to the whales are reading the charts like us but they have the power to create supply/demand zones then we read it as support/resistance levels so once btc passed $17500 most start talking about $19650 and moon (spread fomo)) then you go long with BTC and fomo make sure about $19650 But the dump come and liquidated most people who've bought $17200 with Sl below also due to on weekly frame, there Shark pattern and D point finish at this zone !!
We saw many patterns on weekly frame Greatly/Crab/Shark AB=CD most of them have an effect and every pattern have his terms to follow!!

an example:
There was a Gartley pattern on the weekly frame also and had D at $15750 BTC Show temporary weakness from this level but we can see pattern failed and BTC breakout !!
after that, we moved directly to the Crab pattern and Shark and posted the important zones for movement!!

Which pattern you have to trade with?
the movement will answer you, but for now, the Shark pattern is good for a retracement and the crab pattern confirms ATH targets,

What the next?
By closing above $17500 weekly or monthly mean $24000/$30000 is confirmed by 80% as new ATH and any retrace before reaching them will be a good buy chance !!

Where the retracement levels?!
X $13800
B $10500
A $6750
C $3800 (low chance to happen)
weekly performance from these levels is enough to make you decide to buy or wait!!

for us “We Trade What Happening… Not What We Think Is Gonna Happen. And we inform you of updates directly in the light of these difficult circumstances most people/analyses waiting for the market calm and post updates!! but we trying to help during the storm no after it, although we have many buy signals from dips or during this movement, and many of them achieved good profit, and most still active and move in huge profits but the idea of this updates is to make you ready for anything!!


In the end, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to all.
we ask Allah reconcile and repay🙏
Comment:

BTC targets $17200/16800/15500
This view will fail if BTC breakout $18750 and close above daily

Ps:
We don`t short btc or use leverage or trading BLV tokens!!
Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else.
we ask Allah reconcile and repay
Comment:
#BTC
Breakout $18750 in a mid-day and btc moving now at $19350
although we were looking for a good retrace in the last update from 188XX zone and btc dropped to $17XX, but now there breakout for 188XX with good push to 193XX, current move shows btc still move inside the channel and near one of the main levels

anyway, we dont recommend you to buy btc, if you missed BTC there many signals for ALTS we posted since days ago moved in a great profit so no need for rush or fomo !!

if you totaly missed everything, remember the market is a cycle (bullish cycle - bearish cycle) so be ready for the next one!!
for now, be sure you follow risk management and secure your profits,



Clear weakness from the main level and Upper trend for the channel
Be sure you secure your trades&profit guys

We tracking BTC closely



#BTC dumped after our update directly by $2000 from the upper trend of that channel we mentioned and that main level at $195XX !!

Current movement:
(www.tradingview.com/x/nXFcEuNF/)BTC rebound by long wick from $17100 So holding above it we can see btc pullback inside the channel and retest $18500 or higher !!
But Closing below $17600/17100 will support more retrace, and the second scenario we posted!!

Current Action:
waiting for daily close to indicate what the next during that BTC will gives you good chances for scalping !! Just be sure you are good with it and always set Stop-loss for your trades.


Most important levels between $19500/9500
$16600
$14350
$12350
$11550
$10560


BTC shows reversal candle near $16600 first level in our list to $17200, interesting thing due to the last signal should come from this level, not $17500, anyway there always Sl protect you

Now remember the market is overbought and turned from fomo to fud
And the Whales love these things, they fomo all people to buy then they starting sell and the opposite!!

So check your favorite coins and buy from your safe zone which this zone you think the price will rebound form it
before buying set your trading and risk management plan and if your mind agreed with all of this apply your plan and wait for results!!


This dump from $19500
spread real fear as like 2017
due to with this dump eyes turned to the CME gap at $9500 or the neck line at $12500 so most people will fear to buy any coin
and that perfect time for whales to play
P/D time to rekt most people before taking a side
Comment:
#BTC looks $17850/18500 is a possible reversal zone for btc to $16950 once again !!
Be sure you follow risk management and wait for a price reaction from it !!



For now, we looking for a dump move to 16850!! (our view will fail if BTC closed above 18500 daily)

from this zone, $16800 there two possibility
Hold above it to continue the bullish movement
or breakdown for more retracement,
and in this case, the next reversal zone will be $14250/13500, and based on price reaction we will buy from it or not!!

Comment:
Where the PRZ below $19900?! Posted since 2 Dec
Current Potential Reversal Zone (PRZ) below $19900
$16850 Scalping trades
$14520 Short-term trade
$11500 Mid-term trade
$9350 long -term trade

These levels active and vailed as long as BTC didn`t breakout and close above $19500 daily!!

Current action:
keep your eyes on price reaction from these PRZ and if you noticed any rebound and didn`t get a signal from us you can buy from it with 10%.

we ask Allah reconcile and repay



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