#BTC Mid Day Update 15/7/2019 for COINBASE:BTCUSD by HamadaMark

Please read the details we mentioned below the chart carefully. Thank you for your support, and sorry for the long text!!

In the last update, we set 9500/9750 as scalping zone BTC Hit $9850 this morning and rebounded !!

Anyway, we got a scalp from $10025 Hit TP2 at $10350, and we set max retest for this move $10350/10700 /10850 then btc will continue retracement move
Next levels
8200 Mid Term
7400 Mid Term
6600 Mid / Long Term

Current movement:
BTC Shows chance for bullish DV on 4H TF we talked about it before, we expect this sign will fail and btc will keep dumping
Anyway, Nothing will change in our plan, as long as btc move below 11500 daily for short term and as long as btc below $13750 as long term

Current Action:
we wait for a bounce from $10650/10850 (SMA 100/SMA200) On 30 Min TF, during that we will try to trade with movement
The signal from 10025 Active TP4 Splited at
$10650
$HOLD

sl at entry

we were waiting for dump $13750

from $12800/13200 we were waiting for dump

from $11750/12000 we were waiting for dump

Based on the information we collected from the chart and our retracement plan, we expect next week will be
bearish for btc , and main targets for the movement we mentioned also before, located in
$10550/10350 for Scalping (price reached it already)
$9500/9200 Scalping (price reached $9850 and rebounded already)
$8200 Good for Mid Term
$7400 Good for Mid Term
$6600 Good for Mid/Long Term

Best buy zones
we mentioned the best buy zones at
$8200
$7400
$6600
this plan still active as long as BTC below $13750 daily !!

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 $11500 monthly as we mentioned !!

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 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!!

Summary of last week with BTC:
since two weeks ago from $13750 we setup retracement plan and we mentioned this plan still active, as long as btc move below $13750 daily
Brief Summary of our retracement plan from $13750!! Check this chart
sell at 13750 and wait for dump

Btc hit $9650 we got a scalp from it close early was the mistake of the day, but All Thanks to Allah we open many scalping after it, and we mentioned close below $11350/11500 daily will be the first step from bulls to wipe this weakness on the weekly frame due to this pin bar , then after that BTC Hit $13200 but failed to hold above this level ( don`t worry we were here on this time scalping and analysis Bearish DV from 12800/13200 was mentioned as first resistance level for btc after breakout $11350/12000 )

after that, we mentioned close below $11500 daily will resume our retracement plan for btc
Since this time we got the dump to $10265 today and during that we scalping and analyze btc movement also, All Thanks to Allah

#Is BTC will resume our retracement plan?!! In this update, we talked about closing below $11500 daily and said
Is BTC will resume our retracement plan?
The answer is yes if BTC close below $11500 daily we can see BTC retrace lower levels at 10900/10500/9100 maybe lower

#BTC Mid Day Update!! 7/11/2019
This update was midday update and trade for movement until btc close below $11500 daily, also has predicate for movement
we can see sideways movement for BTC for the next 3 days, but if BTC didn`t follow that, we expect more drop and resume our retracement plan by breakdown $11500 daily !

#BTC Mid Day update 12/7/2019!
In this update, we talked about H&S pattern also trading for movement and we mentioned our action is waiting for retrace and drop from $11750/12000 price reached 11950 then dump to $10265

#BTC Mid Day Update 13/7/2019 !!
In this update, we complete analysis for H&S pattern and talked about
When BTC Confirm H&S pattern ?!
Where H&S Targets?!
Which levels we wait to buy BTC !!
Brief Summary of our retracement plan from $13750!!

Our long term update about BTC ATH and conditions for it
BTC-Simple-Explanation-for-NEW-ATH-Dips-Best-Buy-Zones

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

#BTC fails to Achieve The NEW ATH Condition!! What the next?

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

Trade closed: target reached:

The signal from $10025 TP4 Splited already On

10650 Achieved
HOLD

We ask Allah reconcile and repay

Comment:

That was nice and quick dump from $10650 to $10380 we were looking for a reaction from there, but the price was faster than us

Current movement:
BTC Shows chance for bullish DV on 4H TF we talked about it before, we expect this sign will fail and btc will keep dumping
Anyway, Nothing will change in our plan, as long as btc move below 11500 daily for short term and as long as btc below $13750 as long term

Current Action:
we wait for a bounce from $10650/10850 ( SMA 100/SMA200) On 30 Min TF, during that we will try to trade with movement

we ask Allah reconcile and repay

Comment:

5 Min TF

we wait for a drop from here, but if price closes above 10850
we will get in directly

Target 1: 10906
Target 2: 10987
Target 3: 11150
Target 4: HOLD

Stoploss: 10583

we ask Allah reconcile and repay

Comment:

cancel last scalping for now
we ask Allah reconcile and repay

Comment:

#BTC
Although of cancelation for the last scalping BTC got a dump after our msg to $10750 Then Pump to $11080
That was nice trade for movement also this move from $10380, but the price moved faster than us in a quick dump and faster pump!!

In our main updates, we mentioned
BTC Shows chance for bullish DV on 4H TF we talked about it before, we expect this sign will fail and btc will keep dumping
Anyway, Nothing will change in our retracement plan, as long as btc move below 11500 daily for short term and as long as btc below $13750 as long term

also we said
we looking for a bounce from these levels at $10650/10820
If Btc breakout $11000 and close above it daily we can see btc retrace $11200/11500

Continue our update:
Btc reached $11080 and daily close was at $10850 then price got bounced to $10750

Current movement:

1H TF ( TIME FRAME)
BTC Move between ( SMA 50 / SMA100 ) inside a upwarding channel
and there a Bearish Divergence on this frame by breakdown this channel and (SMA 50) support our expectation about more retrace for btc !!

4 H TF ( TIME FRAME)
BTC showing retest for H&S neckline at $11000 and there are clear bounced from it support our expectation

Current action:
we looking for $10500/10250/9500/8200 as next targets for btc if the movement followed our analysis
But
if BTC get back above $11100 and 4H close above it maybe we will trade movement and post signal, based on the reaction of the bulls

( Main Analysis for Current week)

we ask Allah reconcile and repay

Comment:

This Update on 13 July seems very close to current movement, press Play On 4 H TF

we ask Allah reconcile and repay

Comment:

#BTC

Got Dump from $10950/10850 and hit our first support target at $10500/10350

check our last update we still following it, no change

The current movement shows btc move inside Descending Channel with small rebound we can use this move and scalp btc but we will wait due to P/L Ratio not good

we ask Allah reconcile and repay