#BTC and a nice Midday move to $193xx !!
this movement made many people looking for a breakout for $19900 for new high levels!! and fomo start again so is that the best time to buy BTC?
I agree with you the main trend is Bullish and Monthly close looks very nice!! and there is no clear indication of the end of this trend!!
actually, you cannot know when a trend ends and when another begins, only after a strong movement that most of the traders miss it you recognize the new trend!!
therefore, in a bearish trend, the majority are looking for reversal patterns that support the upside and the opposite in the uptrend. This is how most traders work. A rational person does not want to open a buy position when everyone starts selling.2017 was a clear lesson for most.
Based on the main update we posted and our long position from $17850 we mentioned $21500 as ATH for BTC after breakout $19900 once again!!
In the last short-term update we shared with you, we said we looking for a pullback from $18750 to $18250/18050 again!! and we set failure limits for this prediction by BTC closing above $19150 Daily, until now there no daily close above this level, but BTC moves around $19350 !! So what the next?!
$19450 is (Minor resistance) and 199xx (main resistance) and there no breakout for them yet so the chance for a pullback to $18550/18050 still active and not over yet and we expect it will happen before going to $21500 !! Also, CME closed was at $18050 so opening with this big gap, not supported
So we don`t suggest taking any long position from current levels and please don`t fomo.
PRZ below $17150
$16350/15950 Scalping trades
$14520 Short-term trade
$11500 Mid-term trade
$9350 long -term trade
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.
In the end, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to all.
we ask Allah reconcile and repay🙏
this movement made many people looking for a breakout for $19900 for new high levels!! and fomo start again so is that the best time to buy BTC?
I agree with you the main trend is Bullish and Monthly close looks very nice!! and there is no clear indication of the end of this trend!!
actually, you cannot know when a trend ends and when another begins, only after a strong movement that most of the traders miss it you recognize the new trend!!
therefore, in a bearish trend, the majority are looking for reversal patterns that support the upside and the opposite in the uptrend. This is how most traders work. A rational person does not want to open a buy position when everyone starts selling.2017 was a clear lesson for most.
Based on the main update we posted and our long position from $17850 we mentioned $21500 as ATH for BTC after breakout $19900 once again!!
In the last short-term update we shared with you, we said we looking for a pullback from $18750 to $18250/18050 again!! and we set failure limits for this prediction by BTC closing above $19150 Daily, until now there no daily close above this level, but BTC moves around $19350 !! So what the next?!
$19450 is (Minor resistance) and 199xx (main resistance) and there no breakout for them yet so the chance for a pullback to $18550/18050 still active and not over yet and we expect it will happen before going to $21500 !! Also, CME closed was at $18050 so opening with this big gap, not supported
So we don`t suggest taking any long position from current levels and please don`t fomo.
PRZ below $17150
$16350/15950 Scalping trades
$14520 Short-term trade
$11500 Mid-term trade
$9350 long -term trade
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.
In the end, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.
Good luck to all.
we ask Allah reconcile and repay🙏
Comment:
Some TA draw close to our view!!
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 ❤️🙏
