HamadaMark

#BTC Short-term update!! 11/12/2020

HamadaMark Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
#BTC
BTC followed our last update and the price dropped from $183XX to $176XX today !! as we expected.

Current movement:
shows BTC retest SMA 200 and lower trend of this channel once again !! Holding above this area will support BTC for another pullback to $18350/18600/maybe higher if we got a strong breakout !! and daily close above $19500
breakdown this trendline and close below SMA 200 or close daily below $17100/16950 will support more dump to $16350/15950

Our prediction for the next movement:
Hard to predict the next move at the moment!!

Current action:
We opened a long position from $17850 Based on R: R with a risk of about 1.5% during that we will watch the market and trade what happen.

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:
A chance for H&S and stop here at 18750 and pullback to $18250/18050 once again !!

Ps:
Breakout $19150 with daily close mean this prediction failed and BTC goes above 19K once again
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we ask Allah reconcile and repay🙏

👋 Be a trader, not a gambler, by following risk/capital management!!

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We ask Allah reconcile and repay ❤️🙏
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