Hypov

INTRADAY 07/12/19 Forecast BTCUSDt Binance

BINANCE:BTCUSDT   Bitcoin / TetherUS
Dear friends,

This idea is open and published as part of my content promotion. I draw your attention to the fact that from 11.11 all forecasts are only in the closed channel.

Yesterday, Bitcoin moved along the side scenario with the transition to bullish, following the forecast:


At the moment, the saw mode is not yet turned off, and there is no local trend movement. The price came close to the border of the bear channel.


Trend by TF for today:
Week is Bearish
Day Flat
4 hours - flat

At current levels, the asset redistribution process continues — high probability of short-term impulsive movements with the elimination of stops.

The situation on the BTCUSD market today.
The most likely scenario for the day is a side scenario with consolidation between the red and green key levels (see grey arrows)
The bullish scenario activation level is fixing above the green key level.
The activation level of the bearish scenario is fixing below the red key level.


Estimated limits of the trading range for today:
top trading range for today - 7800 USD
lower trading range for today - 7000 USD

Weekly scenario - bullish correction - the scenario can already be considered executed.
 
The upper limit is 8300
Lower limit - 6800


The global scenario is the movement in the bear channel.
The upper limit is 9000
Lower limit - 4850


Good luck to everyone and good profits!
Yours faithfully,
Michael @Hypov

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Dear Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.

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