Hello Everyone!
In the beginning, your support means a lot to us and encourages us to continue so Thanks for all support you provide.
Today we are on a date with the publication of another BTC update on the main page. Our last update on the main page was approximately 30 days ago but below them we continuous updates, the last of which was a few days ago you can take a look there.
After our last update on the main article, we posted on 25 Jan,
The current movement shows BTC faces local resistance around $39/41K, BTC testing this resistance breakout it will help bulls to push btc to 43/44K in the best cases,
if we moved to monthly TF, You will clearly notice Inside bar formation there (bullish pattern) we think this first time for BTC to show this pattern on monthly TF ( no deep research), For a while, things look in favor of the bulls, however, the bulls need to breakout 50/55K weekly to To at least erase the apparent negativity and restore confidence again, and confirm breakout for 65K! without this bears still dominate and there is a chance for another dump.
In the last article, we talked about Why reclaiming $55K is important, and below it is just steps for bulls?! we will mention it again!
if you check out this snapshot below, Which we made a simple comparison between the previous cycle and the current one!
if you check out the previous cycle you can see clearly the effect for closing below MA 50And the effect of failing to restore it
.
We know that each cycle has its own characteristics, resistances, conditions, etc., so I do not rely entirely on comparisons between cycles. But this clarification is just for the sake of knowledge. If you ignore it and review the current movement in several ways, there will be consensus to restore this level regardless of the previous cycle, how it was.
👨💻Our personal opinion,(Biased view, Subject to fail)
Things are looking a bit confusing but we still see a chance for another dip if BTC got (Inside Bar False Break down with pin bar) in this case we will see $28/26/24K in Mar Probably so be careful. This view will fail once bulls make BTC close above $50/55K weekly. During that we trade market movement and if we got any chance with good R: R we will try to take it.
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 and trade based on that, and what we care about is what happens.
As analysts, we have to explain both bullish and bearish directions, and if there is a chance to give a personal prediction for the next movement we will do as like previous analyses. Also, you do not have to worry about what or how i think, but you have to worry about what is happening and what you can do based on it. So, Be bullish or bearish as you want, But be sure you cannot impose what you want or force it to happen. so be ready for everything.
Ps:
We don't short btc or use leverage or trade BLV tokens!! our signals for spot trading only.
Also, The TA updates are an explanation for market movement(not mean buy or sell) any signals we share with you are our personal trades, and following it or not is your own decision and at your own risk. our signals come with clear targets and stop-loss risk management, etc, not anything else. as analysts, we have to explain both bullish and bearish directions, and if there is a chance to give a personal prediction for the next movement we will do as like previous analyses.
This is not financial advice, The purpose of these Charts is 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. Remember that the Cryptocurrency market is very volatile and not suitable for everyone, so be aware of what you will do before you start.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
Some examples about bullish/bearish fake with pin bar.
🙏we ask Allah reconcile and repay🙏
Comment:
After deep research for inside bar patterns on monthly TF
We found about 10 cases for this pattern and 1 underway!
8 cases succeeded completely, and there was a clear effect o the trend after the development of this pattern.
2 cases are failed, The market ignored the pattern and moved to accumulation stage for a few months then complete the trend.
Current setup for inside bar on the monthly time frame showing
$28K as support $55K as resistance and between them is an accumulation stage until taking a side.
Above $55K weekly/monthly close = Breakout to new ATH
Below $28K weekly/monthly = breakdown to $26 $24/19K
During that, we will trade market movement cautiously.
👨💻Our personal opinion,(Biased view, Subject to fail)
Things are looking a bit confusing, but we still bearish and see a chance for another dip if BTC got ( Inside Bar False Break down with pin bar ) in this case we will see $28/26/24K in Mar Probably so be careful. This view will fail once bulls make BTC close above $50/55K weekly/monthly. During that we trade market movement and if we got any chance with good R: R we will try to take it.
Ps:
We don't short BTC
Our view might be right or wrong, so be sure to do your own research. Follow any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
We found about 10 cases for this pattern and 1 underway!
8 cases succeeded completely, and there was a clear effect o the trend after the development of this pattern.
2 cases are failed, The market ignored the pattern and moved to accumulation stage for a few months then complete the trend.
Current setup for inside bar on the monthly time frame showing
$28K as support $55K as resistance and between them is an accumulation stage until taking a side.
Above $55K weekly/monthly close = Breakout to new ATH
Below $28K weekly/monthly = breakdown to $26 $24/19K
During that, we will trade market movement cautiously.
👨💻Our personal opinion,(Biased view, Subject to fail)
Things are looking a bit confusing, but we still bearish and see a chance for another dip if BTC got ( Inside Bar False Break down with pin bar ) in this case we will see $28/26/24K in Mar Probably so be careful. This view will fail once bulls make BTC close above $50/55K weekly/monthly. During that we trade market movement and if we got any chance with good R: R we will try to take it.
Ps:
We don't short BTC
Our view might be right or wrong, so be sure to do your own research. Follow any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
2/24/2022
2/28/2022
[In reply
After creating a higher high for the last movement at $40XXX k bulls failed to hold above it and the price dumped below 38K to test local support at 37/36K followed the last update!
Holding there and rebounding from this support will give bulls a good push in the short-term to 41/44K max 47K which makes things green in the first week of Mar.
if bulls fail to hold above this and close below this support daily with negative momentum will go directly for another dump!
The markets are very volatile due to the current global situation so be careful
Regardless of our expectations of another decline, But we took a long position from this support based on R: R so let us watch what happens in the coming hours.
We don't short BTC
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
2/28/2022
[In reply
After creating a higher high for the last movement at $40XXX k bulls failed to hold above it and the price dumped below 38K to test local support at 37/36K followed the last update!
Holding there and rebounding from this support will give bulls a good push in the short-term to 41/44K max 47K which makes things green in the first week of Mar.
if bulls fail to hold above this and close below this support daily with negative momentum will go directly for another dump!
The markets are very volatile due to the current global situation so be careful
Regardless of our expectations of another decline, But we took a long position from this support based on R: R so let us watch what happens in the coming hours.
We don't short BTC
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
#BTC got rebound by +10% from higher level at support zone 37/36K to $40K again!
As we mentioned in the last update, Holding there and rebounding from this support will give bulls a good push in the short-term to 41/44K max 47K which makes things green in the first week of Mar.
Ps:
The markets are very volatile due to the current global situation so be careful
👨💻Our personal opinion,(Biased view, Subject to fail)
Our personal view is still the same (bearish looking for another dip below 33k) as long as BTC is below 50/55K weekly!
We don't short BTC
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
As we mentioned in the last update, Holding there and rebounding from this support will give bulls a good push in the short-term to 41/44K max 47K which makes things green in the first week of Mar.
Ps:
The markets are very volatile due to the current global situation so be careful
👨💻Our personal opinion,(Biased view, Subject to fail)
Our personal view is still the same (bearish looking for another dip below 33k) as long as BTC is below 50/55K weekly!
We don't short BTC
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
BTC Harmonic pattern fills tradingview, we also created an analysis for harmonic pattern days ago, as like classic TA we shared above no big difference! although we prefer classic TA more
Here Harmonic pattern we made for BTC! If you are interested in it
🙏we ask Allah reconcile and repay🙏
Here Harmonic pattern we made for BTC! If you are interested in it
Comment:
and in this case, if BTC closed above 50/55K then BTC will get a chance for Crab pattern!
However, our personal view has not changed as long as Bitcoin is below 55K, Meanwhile, we trade what happens on the chart.
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay
However, our personal view has not changed as long as Bitcoin is below 55K, Meanwhile, we trade what happens on the chart.
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay
Comment:
3/2/2022
[In reply
4H TF shows Pattern (Inside Bar False Break Out) if BTC fails to breakout 45K and close above we might see some retrace to 42/41K be careful.
Ps:
we don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay
3/3/2022
[In reply
BTC got a retrace from $44K to $42 as we mentioned in the last update.
right now, bulls need to hold above $40/41K
if they fail to do that and BTC went down and closed below $39/38K daily, then the red wave will hit the market again!
we have no expectation for incoming movement if the bulls will hold this support or they will fail.
but we take a long position above this support based on R: R
for the long term, our view is still the same as long as BTC moves below 50/55K weekly.
Ps:
we don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay.
[In reply
4H TF shows Pattern (Inside Bar False Break Out) if BTC fails to breakout 45K and close above we might see some retrace to 42/41K be careful.
we don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay
3/3/2022
[In reply
BTC got a retrace from $44K to $42 as we mentioned in the last update.
if they fail to do that and BTC went down and closed below $39/38K daily, then the red wave will hit the market again!
we have no expectation for incoming movement if the bulls will hold this support or they will fail.
but we take a long position above this support based on R: R
for the long term, our view is still the same as long as BTC moves below 50/55K weekly.
Ps:
we don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay.
Comment:
[3/5/2022 7:16
[In reply
BTC is got daily close at 392XX daily which is making BTC move around the edge now, and by examining the weekly performance we have noticed a long wick of $45,000 making this rally as if it never happened.
We have a long position from 409XX entry AVG with SL at 38350 the current performance It makes getting to the stop loss very easy, for that we continued to stress the need to stick to risk management due to market volatility and global situation.
The current movement brings us back to this update we posted on February 26, in which we talked about the possibility of (Inside Bar False Break down with pin bar ) The current movement increases the possibility of what we talked about happening, and of course, a return to below 34K will be a more confirming step for the occurrence of this pattern.
At present time, stability above 38K will be a good thing for bulls. during that, we will keep this trade with the same SL,
Ps:
if BTC keeps this negative performance the SL will be reached so be sure you set SL.
Ps:
we don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay
[In reply
BTC is got daily close at 392XX daily which is making BTC move around the edge now, and by examining the weekly performance we have noticed a long wick of $45,000 making this rally as if it never happened.
We have a long position from 409XX entry AVG with SL at 38350 the current performance It makes getting to the stop loss very easy, for that we continued to stress the need to stick to risk management due to market volatility and global situation.
The current movement brings us back to this update we posted on February 26, in which we talked about the possibility of (Inside Bar False Break down with pin bar ) The current movement increases the possibility of what we talked about happening, and of course, a return to below 34K will be a more confirming step for the occurrence of this pattern.
At present time, stability above 38K will be a good thing for bulls. during that, we will keep this trade with the same SL,
Ps:
if BTC keeps this negative performance the SL will be reached so be sure you set SL.
Ps:
we don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
we ask Allah reconcile and repay
Comment:
3/7/2022
In reply
Last week we traded this movement from $37/38K to 45K, followed by an update that talks about a possible reversal from 45K to 42/41K, then Bitcoin sank to these levels. during that, we shared some harmonic patterns when we noticed that it was common at a critical time for the movement, but it was also not without mentioning the important levels and our expectations.
after that, we continued to provide you with information on the movement at the 39K level but this update did not continue with any expectations for the short-term movement about if the bulls will hold or break below $38K.
In the meantime, we have noticed a weak performance on the weekly time frame, which brings us back to the monthly update we published on February 26th talking about (Inside Bar False Break down with pin bar ).
Now let's give you a weekly update for the current move, and tell you what is our action, and what we expect to happen.
The key thing to know (we don't short btc Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.)
3/7/2022
In reply to
#BTCUSDT Short-mid Term update!
🕵️♂️Current movement:
if we start with weekly Tf we will notice clearly a long wick from $45K which makes this rally last week as if it never happened. bulls fail to hold and this bounce of 45K is below distrust from most bulls or hope in close breakout! Yes, the situation is very volatile and things can be reversed at any time, but we are talking about what is on the chart in that paragraph.
So from the current move on weekly, we can recognize $45/47K as the current psychological resistance level for BTC, and if bulls restored it with a weekly close above, followed by more strength from them will give more confidence in the bullish trend.
and as long BTC moves below it bears still dominate the movement and global situation help them and if they succeed to pull down prices to dip below $34K again we think $28K will be in range without a barrier, we may see prices fall below it easily.
" I see you little bear smiling as you read that but believe me even if we take your side the green side is always the most profitable for most people here"
On the Daily TF,
The current movement brings us back to the same movement that occurred between December 7th to December 27th. The double top pattern was not perfect, but then there was a decrease of about 27%, now The same pattern is being repeated now, and the edge of the collapse is at the level of $34/32K once bears break down it we might see this long red candle so stay alert and trade cautiously.
Now let us explore the most important levels for the current movement.
Major resistance levels 📈
$45K/$47k. resistance area reclaiming it will be bulls sign
$50/55K. reclaiming weekly will be a good step from bulls
$65K. weekly close = new ATH around $75K/83/95K
Major Support levels 📉
$41/38k first support line breakdown daily = more dump.
$32/$28K major support and will be a good trading area if Bulls hold there.
below $28K there $22/$19K as next support, we won't mention more support zones because there a people who are panic when they see these numbers.
👨💻Our personal opinion,(Biased view, Subject to fail)
Although we continue to say that we are still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close. but during that, we made some trades, including which achieved the targets or got a nice pump and also there which headed to the stop loss. But our vision and opinion remain the same until something else happens.
About the current move, we looking for a breakdown to $34K followed by a hard dump maybe happen this week or next week or not happen ever and BTC stop here with sideways movement continuing between $33/45K. But as a personal opinion, in one word we looking for "dump" and prices rekt below 34/30K.
🎬Current action:
We will stay in the shadow, holding FIAT as we don't short-btc. since 21 Nov we telling that you can take a look at the whole update from here . Yeah You can't get out completely unscathed, but having a plan, a goal, and risk is better than nothing
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
21 Feb BTC got dump by -13% after this day!
3 Mar BTC got -10% until now!
More results are mentioned in the updates above.
Next dates
17 Mar (FOMC Day)
21 Mar
27 Mar
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Please read this user guide 📖 , before you follow us: 👇
Good luck to all.
🙏we ask Allah reconcile and repay🙏
In reply
Last week we traded this movement from $37/38K to 45K, followed by an update that talks about a possible reversal from 45K to 42/41K, then Bitcoin sank to these levels. during that, we shared some harmonic patterns when we noticed that it was common at a critical time for the movement, but it was also not without mentioning the important levels and our expectations.
after that, we continued to provide you with information on the movement at the 39K level but this update did not continue with any expectations for the short-term movement about if the bulls will hold or break below $38K.
In the meantime, we have noticed a weak performance on the weekly time frame, which brings us back to the monthly update we published on February 26th talking about (Inside Bar False Break down with pin bar ).
Now let's give you a weekly update for the current move, and tell you what is our action, and what we expect to happen.
The key thing to know (we don't short btc Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.)
3/7/2022
In reply to
#BTCUSDT Short-mid Term update!
🕵️♂️Current movement:
if we start with weekly Tf we will notice clearly a long wick from $45K which makes this rally last week as if it never happened. bulls fail to hold and this bounce of 45K is below distrust from most bulls or hope in close breakout! Yes, the situation is very volatile and things can be reversed at any time, but we are talking about what is on the chart in that paragraph.
So from the current move on weekly, we can recognize $45/47K as the current psychological resistance level for BTC, and if bulls restored it with a weekly close above, followed by more strength from them will give more confidence in the bullish trend.
and as long BTC moves below it bears still dominate the movement and global situation help them and if they succeed to pull down prices to dip below $34K again we think $28K will be in range without a barrier, we may see prices fall below it easily.
" I see you little bear smiling as you read that but believe me even if we take your side the green side is always the most profitable for most people here"
On the Daily TF,
Now let us explore the most important levels for the current movement.
Major resistance levels 📈
$45K/$47k. resistance area reclaiming it will be bulls sign
$50/55K. reclaiming weekly will be a good step from bulls
$65K. weekly close = new ATH around $75K/83/95K
Major Support levels 📉
$41/38k first support line breakdown daily = more dump.
$32/$28K major support and will be a good trading area if Bulls hold there.
below $28K there $22/$19K as next support, we won't mention more support zones because there a people who are panic when they see these numbers.
👨💻Our personal opinion,(Biased view, Subject to fail)
Although we continue to say that we are still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close. but during that, we made some trades, including which achieved the targets or got a nice pump and also there which headed to the stop loss. But our vision and opinion remain the same until something else happens.
About the current move, we looking for a breakdown to $34K followed by a hard dump maybe happen this week or next week or not happen ever and BTC stop here with sideways movement continuing between $33/45K. But as a personal opinion, in one word we looking for "dump" and prices rekt below 34/30K.
🎬Current action:
We will stay in the shadow, holding FIAT as we don't short-btc. since 21 Nov we telling that you can take a look at the whole update from here . Yeah You can't get out completely unscathed, but having a plan, a goal, and risk is better than nothing
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
21 Feb BTC got dump by -13% after this day!
3 Mar BTC got -10% until now!
More results are mentioned in the updates above.
Next dates
17 Mar (FOMC Day)
21 Mar
27 Mar
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Please read this user guide 📖 , before you follow us: 👇
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
3/7/2022
In reply to
Some are asking about the similarity between last week’s candle and the candle of May 24, 2021, Yes both are very similar with different levels and the same pattern may occur as fractals.
But as we said, we'll just be outside watching the market if we got a chance for trade we will try to share it.
What we say and do may not be consistent with your vision. There is nothing wrong with that. In the end, we may be wrong and you are right. All we mention here is our personal view of things, and this does not mean that it is supposed to happen, it's just reading of the data, as you can also do that.
🙏we ask Allah reconcile and repay🙏
In reply to
Some are asking about the similarity between last week’s candle and the candle of May 24, 2021, Yes both are very similar with different levels and the same pattern may occur as fractals.
What we say and do may not be consistent with your vision. There is nothing wrong with that. In the end, we may be wrong and you are right. All we mention here is our personal view of things, and this does not mean that it is supposed to happen, it's just reading of the data, as you can also do that.
🙏we ask Allah reconcile and repay🙏
Comment:
3/7/2022
[In reply
Possible scenario if bulls heading to fill this gap at 39200 before breakdown!
if you want to trade it this will be a scalping setup be sure to follow risk management we don't trust in movement so we will avoid trading it.
#BTCUSDT Risky Scalping
Buy : 36195 - 37148 - 38100
Target 1: 39053
Target 2: 40005
Stoploss: 35290
Risk/Reward: 5.00% / 10.00%
ROI : 5%
Invest / Position Size : 0.5%
Exchange : Binance , KuCoin, FTX, Bitstamp, Coinbase
Duration: 1-3 Days
Confidence in Trade : low
we ask Allah reconcile and repay.
[In reply
Possible scenario if bulls heading to fill this gap at 39200 before breakdown!
if you want to trade it this will be a scalping setup be sure to follow risk management we don't trust in movement so we will avoid trading it.
#BTCUSDT Risky Scalping
Buy : 36195 - 37148 - 38100
Target 1: 39053
Target 2: 40005
Stoploss: 35290
Risk/Reward: 5.00% / 10.00%
ROI : 5%
Invest / Position Size : 0.5%
Exchange : Binance , KuCoin, FTX, Bitstamp, Coinbase
Duration: 1-3 Days
Confidence in Trade : low
we ask Allah reconcile and repay.
Comment:
3/7/2022
n reply to
#BTCUSD filled GAP at $39200 then bounce again to same support at $38/37K
if you traded last setup TP1 should be achieved ( we didn't trade it as we mentioned above)
right now we tracking movement as we explain in the weekly update BTC shows double top n daily TF and the edge of the collapse is at the level of $34/32K once bears break down it, we might see this long red candle so stay alert and trade cautiously.
during that, if BTC give us a good trading chance we will share with you
for more info about the whole movement our view etc take a look at weekly update!
Good luck to all.
🙏we ask Allah reconcile and repay🙏
n reply to
#BTCUSD filled GAP at $39200 then bounce again to same support at $38/37K
if you traded last setup TP1 should be achieved ( we didn't trade it as we mentioned above)
right now we tracking movement as we explain in the weekly update BTC shows double top n daily TF and the edge of the collapse is at the level of $34/32K once bears break down it, we might see this long red candle so stay alert and trade cautiously.
during that, if BTC give us a good trading chance we will share with you
for more info about the whole movement our view etc take a look at weekly update!
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
3/9/2022
#ZECUSDT ignore BTC movement totally, and got a nice rebound although movement for both on the chart is symmetric!
eyes on BTC and the setup above is still valid if you want to trade this current stability above 37K!
BTC shows Double top n daily TF and the edge of the collapse is at the level of $34/32K once bears break down it, we might see this long red candle so stay alert and trade cautiously.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
We might see another wick to 40/41K, but without reclaiming $41K daily this movement does not mean anything.
if this move happens will fomo market.
Panic level for this daily candle below 37K
[3/9/2022
In reply to
if you traded this setup you are free to take TP2 around 40500/41500
or split it and sell half & hold half
we ask Allah reconcile and repay.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
#ZECUSDT ignore BTC movement totally, and got a nice rebound although movement for both on the chart is symmetric!
eyes on BTC and the setup above is still valid if you want to trade this current stability above 37K!
BTC shows Double top n daily TF and the edge of the collapse is at the level of $34/32K once bears break down it, we might see this long red candle so stay alert and trade cautiously.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
We might see another wick to 40/41K, but without reclaiming $41K daily this movement does not mean anything.
if this move happens will fomo market.
Panic level for this daily candle below 37K
[3/9/2022
In reply to
if you traded this setup you are free to take TP2 around 40500/41500
or split it and sell half & hold half
we ask Allah reconcile and repay.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Comment:
3/10/2022
#BTC followed ZEC and got a nice pump from $38500 in the previous short-term update we talked about the chance for another wick to 40/41K, and said without reclaiming $41K daily this movement does not mean anything, also confirmed a potential double top pattern on daily with mention the edge of the collapse is at the level of $34/32K which make once bears break down it, we might see this long red candle so stay alert and trade cautiously.
Current movement:
shows Bulls did a good step by making BTC get a daily close above $41K, this move will help them to push prices to 43/45K easily if they looking for that, but the movement is still the same as like previous which put the main confirm for a short-term breakout by a weekly close above 47K and this not happen yet.
if the bulls fail to do breakout this time we will see btc dip again but this time with a hard breakdown!
About trading, we already gave trading setup previously at $38100/36200, and looks it achieved good profit although it was a tiny investment ( we did not trade it but we joined around 39K)
We will not take more positions until BTC gets a breakout and confirm it.
Our personal view is still the same and view for this short-term movement as mentioned in the snapshot we looking for a sell-off again around the same support line.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
#BTC followed ZEC and got a nice pump from $38500 in the previous short-term update we talked about the chance for another wick to 40/41K, and said without reclaiming $41K daily this movement does not mean anything, also confirmed a potential double top pattern on daily with mention the edge of the collapse is at the level of $34/32K which make once bears break down it, we might see this long red candle so stay alert and trade cautiously.
Current movement:
shows Bulls did a good step by making BTC get a daily close above $41K, this move will help them to push prices to 43/45K easily if they looking for that, but the movement is still the same as like previous which put the main confirm for a short-term breakout by a weekly close above 47K and this not happen yet.
if the bulls fail to do breakout this time we will see btc dip again but this time with a hard breakdown!
About trading, we already gave trading setup previously at $38100/36200, and looks it achieved good profit although it was a tiny investment ( we did not trade it but we joined around 39K)
We will not take more positions until BTC gets a breakout and confirm it.
Our personal view is still the same and view for this short-term movement as mentioned in the snapshot we looking for a sell-off again around the same support line.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
Wild Bitcoin™
🙏we ask Allah reconcile and repay🙏
Comment:
11/3/2022
#BTCUSDT Daily update!
Although we said in the last Daily update We will not take more positions until BTC gets a breakout and confirm it but we shared the trading setup with you above and all entries were Fulfilled.
The current movement shows Bulls rally fail to continue and BTC got rejected even before hitting $45K, and this Daily close look very bad so you can reduce your position and close half at the current price of 39300 with about -1% loss, or close all of it and enjoy your weekend.
( what I will do, i will close this position and spend a weekend away from tracking movement)
Yes, the market situation can change in a moment and we see another rebound, but we prefer to wait, In addition, we expect further declines.
About movement and main levels for it and our view as well you can read weekly update we posted above.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
#BTCUSDT Daily update!
Although we said in the last Daily update We will not take more positions until BTC gets a breakout and confirm it but we shared the trading setup with you above and all entries were Fulfilled.
The current movement shows Bulls rally fail to continue and BTC got rejected even before hitting $45K, and this Daily close look very bad so you can reduce your position and close half at the current price of 39300 with about -1% loss, or close all of it and enjoy your weekend.
( what I will do, i will close this position and spend a weekend away from tracking movement)
Yes, the market situation can change in a moment and we see another rebound, but we prefer to wait, In addition, we expect further declines.
About movement and main levels for it and our view as well you can read weekly update we posted above.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
3/28/2022
[In reply
#BTCUSDT (weekly update)
After a price ranging between 35/45K for 49 Days, finally, bulls pushed BTC above $45K to reach $47K as a good sign from them, but here is the main question do we will see bulls push up BTC to $50/$55K, or this move will dissipate and bulls will lose the momentum again?!
Previously we talked about the importance of the current levels, , also we mentioned this recovery must be followed by pushing prices to $52/55 weekly by bulls to erase any negative momentum.
let us take a look on the chart,
On weekly TF, MA 50 has been restored by bulls and breakout 45k last swing high for BTC, but the need to hold above it for more upward.
On daily TF, the bulls succeed in breakout MA 100 since 5 days ago followed by it in slow motion until BTC reached the current level the whole movement inside an ascending triangle and the stability above $47K is the key to $50/52/55K.
The current movement is in favor of the bulls, it cannot be denied, but they still need to maintain these levels and continue to progress. if they fail to hold and the price went down to $42K then this will be counted as another trap!
👨💻Our personal opinion,(Biased view, Subject to fail)
Although we continue to say that we are still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close. but during that, we made some trades, including which achieved the targets or got a nice pump and also there which headed to the stop loss. But our vision and opinion remain the same until something else happens. we still looking for another dump as long no weekly breakout happens for 50/55K.
About the current movement, we looking for some retrace from $47/48K to $44/42K.
🎬Current action:
We Keep Holding the last 25% of the position we have from $40850 and waiting for this retrace to 44/42K
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
21 Feb BTC got dumped by -13% after this day!
3 Mar BTC got -10% until now!
17 Mar (FOMC Day) was a normal day
21 Mar Price action day followed by +15% Pump
27 Mar BTC reach $47K +5% Pump
More results are mentioned in the updates above.
Next dates
29 Mar
3 Apr
11 Apr
17 Apr
27 Apr
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
[In reply
#BTCUSDT (weekly update)
After a price ranging between 35/45K for 49 Days, finally, bulls pushed BTC above $45K to reach $47K as a good sign from them, but here is the main question do we will see bulls push up BTC to $50/$55K, or this move will dissipate and bulls will lose the momentum again?!
Previously we talked about the importance of the current levels, , also we mentioned this recovery must be followed by pushing prices to $52/55 weekly by bulls to erase any negative momentum.
let us take a look on the chart,
On weekly TF, MA 50 has been restored by bulls and breakout 45k last swing high for BTC, but the need to hold above it for more upward.
On daily TF, the bulls succeed in breakout MA 100 since 5 days ago followed by it in slow motion until BTC reached the current level the whole movement inside an ascending triangle and the stability above $47K is the key to $50/52/55K.
👨💻Our personal opinion,(Biased view, Subject to fail)
Although we continue to say that we are still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close. but during that, we made some trades, including which achieved the targets or got a nice pump and also there which headed to the stop loss. But our vision and opinion remain the same until something else happens. we still looking for another dump as long no weekly breakout happens for 50/55K.
About the current movement, we looking for some retrace from $47/48K to $44/42K.
🎬Current action:
We Keep Holding the last 25% of the position we have from $40850 and waiting for this retrace to 44/42K
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
21 Feb BTC got dumped by -13% after this day!
3 Mar BTC got -10% until now!
17 Mar (FOMC Day) was a normal day
21 Mar Price action day followed by +15% Pump
27 Mar BTC reach $47K +5% Pump
More results are mentioned in the updates above.
Next dates
29 Mar
3 Apr
11 Apr
17 Apr
27 Apr
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
#BTCUSDT (weekly update)
After trying for 3 weeks the bulls failed to cross the MA50 again, so the price fell as we indicated in the previous weekly update, As we said
"The current movement is in favor of the bulls, it cannot be denied, but they still need to maintain these levels and continue to progress. if they fail to hold and the price went down to $42K then this will be counted as another trap!"
followed by our Biased view About our expectation that the price will fall again to $44/42K!
During that, we traded BTC from $44k and booked 50% of the profits at $46K and from $42K as scalping as well. with previous trade from $40850K posted 16 Mar.
🕵️♂️Current movement:
Shows clearly the bulls weakness and their failure to hold above MA 50 weekly, which makes the next critical levels for bulls around $38/32K, Both can be temporary reversal points in the short term. so keep your eyes on them.
Now let us explore the most important levels of the current movement.
Major resistance levels 📈
$45K/$47k. resistance area reclaiming it will be the sign of a bull
$50/55K. reclaiming weekly will be a good step for bulls
$65K. weekly close = new ATH around $75K/83/95K
Major Support levels 📉
$38/36k first support line breakdown daily = more dump.
$32/$28K major support and will be a good trading area if the Bulls hold there.
Below $28K there $22/$19K as the next support, we won't mention more support zones because there a people who are panic when they see these numbers.
🎬Current action:
our eyes on $38/33K, during that we will stay in shadow and watch the market.
👨💻Our personal opinion,(Biased view, Subject to fail)
Nothing new, we still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close.
Regarding current movement, we expect a breakdown of $30K incoming 45 days!
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
Update
29 Mar Price action day followed by -15% Dump until today
3 Apr Price action day followed by -13% Dump until today
11 Apr -4.5% for BTC during daily candle!
Next dates
17 Apr
23 Apr
27 Apr
3 May
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Please read this user guide 📖 , before you follow us: 👇
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
After trying for 3 weeks the bulls failed to cross the MA50 again, so the price fell as we indicated in the previous weekly update, As we said
"The current movement is in favor of the bulls, it cannot be denied, but they still need to maintain these levels and continue to progress. if they fail to hold and the price went down to $42K then this will be counted as another trap!"
followed by our Biased view About our expectation that the price will fall again to $44/42K!
During that, we traded BTC from $44k and booked 50% of the profits at $46K and from $42K as scalping as well. with previous trade from $40850K posted 16 Mar.
🕵️♂️Current movement:
Shows clearly the bulls weakness and their failure to hold above MA 50 weekly, which makes the next critical levels for bulls around $38/32K, Both can be temporary reversal points in the short term. so keep your eyes on them.
Now let us explore the most important levels of the current movement.
Major resistance levels 📈
$45K/$47k. resistance area reclaiming it will be the sign of a bull
$50/55K. reclaiming weekly will be a good step for bulls
$65K. weekly close = new ATH around $75K/83/95K
Major Support levels 📉
$38/36k first support line breakdown daily = more dump.
$32/$28K major support and will be a good trading area if the Bulls hold there.
Below $28K there $22/$19K as the next support, we won't mention more support zones because there a people who are panic when they see these numbers.
🎬Current action:
our eyes on $38/33K, during that we will stay in shadow and watch the market.
👨💻Our personal opinion,(Biased view, Subject to fail)
Nothing new, we still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close.
Regarding current movement, we expect a breakdown of $30K incoming 45 days!
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
Update
29 Mar Price action day followed by -15% Dump until today
3 Apr Price action day followed by -13% Dump until today
11 Apr -4.5% for BTC during daily candle!
Next dates
17 Apr
23 Apr
27 Apr
3 May
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Please read this user guide 📖 , before you follow us: 👇
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
#BTCUSDT (Weekly Update)
In the previous weekly update, ( forget to share here) we talked about how the bulls were trying to reclaim $45/47K again and they can't do that, and the bears have a good dominance on the trend. which makes $38K working as local support for BTC on a daily TF if bulls fail to hold above it next levels will be $32/28K and we looking for that.
After a week of price range between 38/40K, finally, the bears break down this local support and BTC moves right now near the $32K zone!
during that, we traded BTC from 375XX and booked a profit early at $385XX
🕵️♂️Current movement:
shows $32/28k as the next major support for BTC, previously we mentioned that many times during the last months!
On weekly TF chart shows BTC below MA 100 for the first time since this breakout for this moving average on 20 April 2020 if BTC got a weekly close below this average this will be another confirmation for more dip but this time below 28K!
We have already made this clear in the major updates we have published here or on the tradingview platform.
you can take a look at them here below this article.
🎬Current action:
We will trade this movement above and between this support zone 32/28K until breakdown confirms it, you need to know it's very risky so be sure you are following risk management and be very cautious.
Now let us explore the most important levels of the current movement.
Major resistance levels 📈
$38/36k first resistance line reclaiming it weekly = more dump.
$45K/$47k. resistance area reclaiming it will be the sign of a bull
$50/55K. reclaiming weekly will be a good step for bulls
$65K. weekly close = new ATH around $75K/83/95K
Major Support levels 📉
$32/$28K major support and will be a good trading area if the Bulls hold there.
Below $28K there $22/$19K as the next support, we won't mention more support zones because there a people who are panic when they see these numbers.
👨💻Our personal opinion,(Biased view, Subject to fail)
Nothing new, we still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close.
Regarding current movement, we expect a breakdown of $30K incoming 30 Days! we extend the time based on the chart.
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
Update Previous Dates
27 Apr BTC got local pump by +7%
3 May was price action day mixed movement local pump then dump by -15%
Incoming Dates
9 May
17 May
21 May
25 May
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Share a trade or take scalping entry does not mean any change on our TA view, if there is something new we will share that on a new TA post.
Please read this user guide 📖 , before following us:
Good luck to all.
🙏we ask Allah reconcile and repay🙏
In the previous weekly update, ( forget to share here) we talked about how the bulls were trying to reclaim $45/47K again and they can't do that, and the bears have a good dominance on the trend. which makes $38K working as local support for BTC on a daily TF if bulls fail to hold above it next levels will be $32/28K and we looking for that.
After a week of price range between 38/40K, finally, the bears break down this local support and BTC moves right now near the $32K zone!
during that, we traded BTC from 375XX and booked a profit early at $385XX
🕵️♂️Current movement:
On weekly TF chart shows BTC below MA 100 for the first time since this breakout for this moving average on 20 April 2020 if BTC got a weekly close below this average this will be another confirmation for more dip but this time below 28K!
We have already made this clear in the major updates we have published here or on the tradingview platform.
you can take a look at them here below this article.
🎬Current action:
We will trade this movement above and between this support zone 32/28K until breakdown confirms it, you need to know it's very risky so be sure you are following risk management and be very cautious.
Now let us explore the most important levels of the current movement.
Major resistance levels 📈
$38/36k first resistance line reclaiming it weekly = more dump.
$45K/$47k. resistance area reclaiming it will be the sign of a bull
$50/55K. reclaiming weekly will be a good step for bulls
$65K. weekly close = new ATH around $75K/83/95K
Major Support levels 📉
$32/$28K major support and will be a good trading area if the Bulls hold there.
Below $28K there $22/$19K as the next support, we won't mention more support zones because there a people who are panic when they see these numbers.
👨💻Our personal opinion,(Biased view, Subject to fail)
Nothing new, we still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close.
Regarding current movement, we expect a breakdown of $30K incoming 30 Days! we extend the time based on the chart.
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
Update Previous Dates
27 Apr BTC got local pump by +7%
3 May was price action day mixed movement local pump then dump by -15%
Incoming Dates
9 May
17 May
21 May
25 May
Ps:
These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.
Share a trade or take scalping entry does not mean any change on our TA view, if there is something new we will share that on a new TA post.
Please read this user guide 📖 , before following us:
Good luck to all.
🙏we ask Allah reconcile and repay🙏
Comment:
New update on the mian page
🙏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 ❤️🙏
