alanmasters

I got it all wrong (Bitcoin Going UP - Support & Resistance)

BITTREX:BTCUSDT   Bitcoin / Tether
I apologize, I got it all wrong.
The bears failed completely, they didn't manage to reach our strong support.

While we were expecting a strong retrace. They couldn't take the price lower than $6130 and now we are back on another up wave.

I am extremely happy to be able to say sorry and admit that I was wrong.
So now we reverse short term and go on another wave up!

You can look at the chart above for the different resistance levels and support.

-------
Support levels:

(1) $6300
(2) $6125
(3) $6000

Resistance levels:

(1) $6600
(2) $6750
(3) $6900
(4) $7000
-------

Thanks a lot for reading...
I continue to be deeply grateful, highly appreciated and amazed by the incredible support.

Namaste.
Wishing you always the very best.

P.S. Make sure to visit my profile and check my other altcoins trades.
Comment: Altcoins action is showing strong signals of an upcoming change of trend.

We will have a better confirmation when this week ends, but we are looking positive for the coming months. 2 more months...
Comment: Resistance levels:

(1) $6600 * Target hit *

Our first target is now sitting around EMA50 on the 12h time frame.



On the daily time frame, EMA50 matches perfectly with our next target of $6750 per Bitcoin, you can see it on the chart below:

- We are now trading above EMA10 (blue line). This price level can now work as support for us.

Support levels:

(0) $6500 (Updated - new support)
(1) $6300
(2) $6125
(3) $6000

Thanks for reading.
Comment: I am zooming out a little bit so that you can see my trendlines. Bitcoin has been respecting these trendlines quite accurately:
Comment: My Bitcoin weekly chart update, hoping that you enjoy it (just click on the image below):
Comment: Ascending channel on the daily time frame:

- Now trading above EMA10 (Blue) and EMA50 (Magenta).
Comment:

Comment: The June and August lows trendlines continue holding Bitcoin's price.



It is time for the bulls!
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Well
May be a bounce from here!!? From bearish trend line !?

Cheers :))
Reply
meveme meveme
@meveme, bearish trend line A bounce May be :)).
Reply
Perfect way to trade BTC, moving as expected, check it out



can this pattern repeat itself.
Reply
Comment removed.
Zenter Cryptologist_Trading_and_ICO
@Cryptologist_Trading_and_ICO, these words are not good man. Everyone may have wrong decisions/wrong leadings sometimes. It is very natural in trading. You should apologise
Reply
TheDudeForex Cryptologist_Trading_and_ICO
@Cryptologist_Trading_and_ICO, I'm not a pro in trader, but if I can give you one advice it is this: Never, ever pay for signal services or trading lessons or anything like that. No-one that trades profitably need to deliver such services for a subscribtion price, because they can make profit on their own.
Reply
meveme Cryptologist_Trading_and_ICO
@Cryptologist_Trading_and_ICO, Well
This is just a note from my side. I know this guy for less than a month. I have been following him on tradeview. I also follow could of other members. Be honest I can say this guy is one of the most professional with a great behviuor. I have made money off this guy and not paid even one penny out to him in any VIP sectors. I sometimes don’t even follow his analysis on an asset if o am not interested in that particular coin but what he writes at the bottom of each and every analysis give me a greater outlook about life in general. I am sor sorry to see this negative note in here. If I were you I would never bring my negative thoughts on anyone like this. Wish u best for all. I want to have an extra thanks to Mr.Alan for a great work what he does in this community. We appreciate it fully. God loves u man
Reply
1 Minute view say us 6500$ is the support. Green Muscle buying all fishhsell orders
Reply
sergio00 sergio00
@sergio00, The dow movement are "free down" to creat Fomo Sell
Reply
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