#BTC Mid Day update 17/7/2019

1793 16

Please read the details we mentioned below the chart carefully. Thank you for your support!!

In the last update, our action was
is waiting for a reaction from ( SMA 360 4 TF) we will try to scalp it not doing, we will wait for 9500/9150 as scalping !!
After that, we shared scalping from 9500/9200 But btc rebounded during post signal to 97XX without active our limits
This morning we another scalping between ( 9430 - 9204) based on this scenario below $11500 Hit TP1 Then Hit Sl at 9089 and BTC got another rebound from this level

Continue our updates from $13750!!
we shared this scenario for btc in last night already inside midday updates
The movement scenario for BTC below 11150 daily

we still expect more retrace for btc , so be sure you follow risk management.

$9200 Scalping
$8500 H&S target
$8200 H&S target

are strong levels for btc we looking to buy from
$8500/8200 Mid Term
$7400 Mid Term
$6600 long Term

Current Action:
although btc rebounded from the zone we mentioned but trading this movement we got mistake by set stop Loss in mid support zone not below for that stop-loss executed, right now btc show ability to rebound to $9750/$10000 our action is waiting for next retracement move to $8500/8200

we were waiting for dump $13750

from $12800/13200 we were waiting for dump

from $11750/12000 we were waiting for dump

from $10650/10850 we were waiting for dump

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

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 http://prntscr.com/oezi2w )

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!!

#BTC A new trading week will be with Bears or Bulls?!
In this update, we talk about:
our predictions for next week!!
The main levels for btc and best buy zones
Summary for our analyses in last week with btc!

#BTC Mid Day Update 15/7/2019
In this update, we talk about the rebound from $9850 and our scalping from $10025 and our action was waiting for sell-off from $10650/10850 check it

#BTC Mid Day Update 16/7/2019
In this update, we mentioned $9500 /$9150 as scalping point for btc

Our long term update about BTC ATH and conditions for it

#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
Comment: the weekly chart shows good defend from bulls, let us see how weekly close goes, we still have 4 days, and that is a long time everything can change

about our view as we posted in the last update
right now btc show ability to rebound to $9750/$10000 Max 10400, our action is waiting for next retracement move to $8500/8200

the change will happen if btc close above 10500/11000 daily until this time our view still remains nothing change

we ask Allah reconcile and repay
Continue updates
Bearish DV from SMA 50 we looking for 9650/9500 as next support between 10000/9450 breakdown $9400 again support our retrace target and scenario we shared for movement below 11500

we ask Allah reconcile and repay
Comment: #BTCUSD
Allah willing, We are looking for Doji candle on the daily ( TIME frame) from $9950/10150 then dumping !!

About our view, we posted it in the last update from $9600
right now btc show ability to rebound to $9750/$10000 Max 10400, our action is waiting for next retracement move to $8500/8200
The change will happen if btc close above 10500/11000 daily until this time our view still remains nothing change

About the last scalping
from $9450/9200 we already mentioned it hit Sl after TP1
On Coinbase Bitstamp Binance
But There some traders who use bittrex exchange and the signal didn't hit stop_loss for them, so we would to say congrats them for that and please follow targets as well

we ask Allah reconcile and repay
Comment: Continue updates

Btc followed the last update and got the dump to $9650/9500 /9250 then rebounded to $10400 in 90 Min

right now BTC move below ( SMA 360) 30 MIN
we looking for dump from this area with Doji pattern on the daily frame if btc do that our target at $8500/8200 as the next retrace level
if btc fails to do and keep pump we will try to extract a buy-level and trade with movement

new Midday update check it

we ask Allah reconcile and repay
@HamadaMark Thank you, very good analyse, you nail it today 100%. Wish you all the best...
+1 Reply
HamadaMark jeremija01
Thanks, mate @jeremija01,
Yep, completely agree. Nice one.
Very Much Possible! But two things to note: 1)enough weekly wave time left(6-8 weekly bars) 2) price reverse frm monthly support :Next possible scenario is above 11.5k then BIG DOWN in next monthly candle will be wave 3 or C down in daily
Btw nice idea Mark:)
HamadaMark asdasadsadsadsda
Thanks, dear @asdasadsadsadsda,
Guys be careful with shorting bitcoin while correction is going. Idea below explains why:
Yes, Im seeing it comes more down too
+1 Reply
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