#BTCUSDT ( Short-term update) 4-2-2021
#BTCUSDT
Bulls pushed BTC from $32 K to $37K at the first week of Feb although we were looking for bearish movement this week!!
in the previous update, we recommended scalping btc from $32K so if you still hold it be sure you book some profits.
The current movement, showing $38K as current resistance with a move inside rising wedge pattern, we can see shakeout movement from it but if bulls hold and push BTC to breakout this level in midday move, the next stop levels will be at $39K $41K
Current action:
If the 4H candle closes above $38500 you can take scalping trade with targets at $39K $41K, stop-loss below the candle low (only for pro traders, spot trading).
About our prediction:
even if btc reached $39K it`s will still normal movement, and our bearish scenario still remains active, as long as no close above $37K weekly or monthly. or break out the previous high at $42K ( During that we trade what happening).
Remember,
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person.
for us, we extract both sides and we define the best buy /sell zone based on that.
Ps:
We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only.
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.
This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Hitting "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️
Good luck to all.
we ask Allah reconcile and repay🙏
Bulls pushed BTC from $32 K to $37K at the first week of Feb although we were looking for bearish movement this week!!
in the previous update, we recommended scalping btc from $32K so if you still hold it be sure you book some profits.
The current movement, showing $38K as current resistance with a move inside rising wedge pattern, we can see shakeout movement from it but if bulls hold and push BTC to breakout this level in midday move, the next stop levels will be at $39K $41K
Current action:
If the 4H candle closes above $38500 you can take scalping trade with targets at $39K $41K, stop-loss below the candle low (only for pro traders, spot trading).
About our prediction:
even if btc reached $39K it`s will still normal movement, and our bearish scenario still remains active, as long as no close above $37K weekly or monthly. or break out the previous high at $42K ( During that we trade what happening).
Remember,
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person.
for us, we extract both sides and we define the best buy /sell zone based on that.
Ps:
We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only.
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.
This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Hitting "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️
Good luck to all.
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 ❤️🙏
we ask Allah reconcile and repay🙏