#BTC (Short-term Update) 13/1/2021 Bulls VS Bears!!

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello Traders,
for the last two days ago BTC showing good stability above $30K after Dump by 24% from $41K
in the last update, we mentioned BTC still holds above this trendline which Bulls created since 11 Dec and that indicates how the bulls still strong and $31500/29K can be scalping area from a good zone.Then BTC rebounded from $30K zone by +20% to $36 right shoulder zone and we can see price ranging until now between 32/36K since this move!!

for now, the chart shows the movement in favor of bulls due to there no breakdown for $30K yet although the last daily close was bearish , but bulls performance still good.
some people looking to trade btc from current levels, and that`s still fine as long as BTC didn`t breakdown or close below $30K.
for our followers, we posted scalping from the $30K zone based on the last update.

Although i looking for more dump, but you can`t impose what you want, or force it to happen.
There CME Gap located at $24/23K and if BTC closing below $30K will push prices to this low easily so be sure you following risk management.

This will be an interesting setup!! if bulls keep the price up, and back above $36K/$39K

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.

This is not financial advice, The purpose of these Charts 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.
Hitting "like button" and leaving your "comments" below our ideas is great and supports us provide more ideas❤️

Good luck to all.
we ask Allah reconcile and repay🙏
Comment: #BTCUSDT
Perfect Daily close In favor of bulls with growing up by +15% since last update, Also Daily candle looks forming Bullish Engulfing with bullish Harmonic Pattern at 4H Tf

For now, as long as bulls hold above $30k with keeping this good performance we can see BTC targeting $40k / $46k /$51k as next bullish targets and main critical levels.

Although i were looking for more dump by breakdown $30k, but you can`t impose what you want, or force it to happen.for that i sent an early update before daily close by hours when i noticed good performance from bulls in midday.

For those people who's traded BTC from $30k or $34k zones based on our updates be sure you follow risk management and use this critical levels we mentioned as Targets.

Good luck to all
We ask Allah reconcile and repay

$40K achieved, the first levels of the main critical levels we mentioned above.

-8% for BTC after reaching $40K first critical level in our list!! In the current time, $37500/36500 is sub support !! if BTC rebounds from it we will see $46K as the next critical level for bulls !!

Bulls fail to that and BTC closed below $35K daily means bears want to test $32/30K again!!


Current action:
you can average your entries between $37/36K by using the profits you gained at $40K if you want to take a risky entry and trade btc from this sub support!!, be sure you follow risk management.

for us, We are satisfied with our current entries we have from $30K and $34K !!

Good luck to all.
we ask Allah reconcile and repay🙏


Bulls showing defend from sub support we mentioned in the last short-term update but look like they lack sufficient momentum to push the price up strongly!!, be sure you follow risk management if you decide to trade the moment!!

As we explained in the last update if Bulls fail to push prices up from current support, and BTC closed below $35K daily means bears want to test $32/30K again!!

overall in the current time, Alts take the chance and shows good performance!!

Good luck to all.
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


+1 Reply
good idea, same view
+1 Reply
HamadaMark bestfarbit74
@bestfarbit74, ❤️❤️
Very nice work @HamadaMark, thanks a lot.
+1 Reply
@erdolo, ❤️❤️
good job bro
+1 Reply
HamadaMark peymandolatkhah
Thanks, bro @peymandolatkhah,
Amirhossein021 peymandolatkhah
@peymandolatkhah, Hi what do you thinke about it ?
Nice setup, It will work
+1 Reply
HamadaMark DaweFXHunter
@DaweFXHunter, ❤️❤️
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