#Bitcoin Price Prediction ( Daily Update 13/11/2019)
#BTC
Bulls still holding daily above (SAM 50 and 4H above SMA200)
in the last update, we mentioned the most important support levels between $9100/$5500 at $8650/$8350/$7750/$7200/$6600/$6100
and our action was tracking performance and reaction from these support levels at this trading range to buy btc or wait for more dips
Then we got a nice rebound from SMA 50/200 again and shared a signal with you
Current movement:
Daily TF
There are Tweezers With Strong Down Bar Followed by Hammer is a reversal sign for btc and support more rebound and this means more profit for our signals
So following this pattern btc has a chance to reach $8850/9100 again
and the opportunity to do that still remains as long as Bitcoin is holding above (SMA 50 / 200), breakdown them we will see another dump
Current action:
We will be satisfied with the current signals we have and keep watching movement
This update for movement between $9100 /$5500
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
$8850 Hit TP2 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.
Bulls still holding daily above (SAM 50 and 4H above SMA200)
in the last update, we mentioned the most important support levels between $9100/$5500 at $8650/$8350/$7750/$7200/$6600/$6100
and our action was tracking performance and reaction from these support levels at this trading range to buy btc or wait for more dips
Then we got a nice rebound from SMA 50/200 again and shared a signal with you
Current movement:
Daily TF
There are Tweezers With Strong Down Bar Followed by Hammer is a reversal sign for btc and support more rebound and this means more profit for our signals
So following this pattern btc has a chance to reach $8850/9100 again
and the opportunity to do that still remains as long as Bitcoin is holding above (SMA 50 / 200), breakdown them we will see another dump
Current action:
We will be satisfied with the current signals we have and keep watching movement
This update for movement between $9100 /$5500
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
$8850 Hit TP2 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
Comment:
#BTC Got first close below SMA 200 4H since 25 Oct
$8350/$7750/$7200/$6600/$6100 still the most important support levels between $9100/$5500
our action is tracking performance and reaction from these support levels at this trading range to buy btc or wait for more dips
we ask Allah reconcile and repay
$8350/$7750/$7200/$6600/$6100 still the most important support levels between $9100/$5500
our action is tracking performance and reaction from these support levels at this trading range to buy btc or wait for more dips
Comment:
Bulls continue to defend on $8650
4H shows close below (SMA 200) but there Doji candle below it wit Bullish DV shows how are bulls trying well
this gives a chance to buy btc again between 8650/8450 with Sl 2.5% but the trade still risky due to we can see manipulation in this point
we ask Allah reconcile and repay
4H shows close below (SMA 200) but there Doji candle below it wit Bullish DV shows how are bulls trying well
this gives a chance to buy btc again between 8650/8450 with Sl 2.5% but the trade still risky due to we can see manipulation in this point
we ask Allah reconcile and repay
Comment:
If you followed the last buy zone/signal we shared with Btc hit $8494 and rebound Avg entry 8575 try to book some profit here at $8690/8730 and hold rest Sl at breakeven
Current movement
The pump comes from a support zone at $8650/8500 right now 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 or give up and pull back again !!
About short term:
Current rebound with breakout $8800 we will see $9100/9200 as a real test for the bulls if they fail to break out it the bears will have a chance to pull btc down to $$8650/$8350/$7750/$7200/6600/6100 again
Our action:
is tracking performance and reaction from these support levels in this trading range to buy btc or wait more
we ask Allah reconcile and repay
Current movement
The pump comes from a support zone at $8650/8500 right now bulls facing (SMA 50) $8800 as resistance breakout it we will see $9100 as the next resistance and that will be the real test for bulls to make a good push or give up and pull back again !!
About short term:
Current rebound with breakout $8800 we will see $9100/9200 as a real test for the bulls if they fail to break out it the bears will have a chance to pull btc down to $$8650/$8350/$7750/$7200/6600/6100 again
Our action:
is tracking performance and reaction from these support levels in this trading range to buy btc or wait more
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 ❤️🙏
Example of tweezers with strong down bar followed by hammer
While the hammer in Figure 3 isn't ideal (the body could be a bit smaller and close closer to the high), given that it's also a tweezers, we can conclude that this a potential turning point. Within two bars after the tweezers, the price closes above the hammer, indicating that the price is likely to continue higher in the short term.
Trading Tweezers
Candlestick patterns can occur frequently in financial markets, and tweezers are no exception. Based on overall conditions, their appearance can be benign or trade worthy.
If an overall trend is in place, when tweezers occur during a pullback, it signals a potential entry point, as the pattern indicates that the pullback is over and the price is likely to move in the trending direction again. By using tweezers in this manner – entering on pullbacks in alignment with the overall trend – the success rate for these pattern improves.
For a bottom pattern, a stop loss can be placed below the tweezers' lows. For a topping pattern, the stop can be placed above the tweezers' highs. Tweezers do not provide a profit target, so the target must be based on other factors, such as the trend and overall momentum.
Source: StockCharts.com
www.investopedia.com...on-trend-traders.asp
We ask Allah reconcile and repay