weslad

Bitcoin Big move ahead

Long
weslad Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys,

Without wasting time we all know BTC has been trading inside a symmetrical triangle since 26th of June high which is approaching the final decision making leg if we count the wave movement in terms of (abcde). Presently forming the last wave (e) of the triangle.

Looking through this triangle patterns there are some continuation pattern forming there in such as:
1. Potential Inverse Head and Shoulder formation which targeted at 12550$-12700$ zone.

2. Already existing Bullish Gartely pattern which pointed towards 15k-16k$ as target.

3. Price forming potential Ascending broadening pattern with leg abcd already completed and price in the move for the last leg(e) towards 15k-16k target zone.

4. Potential Cup and handle formation which handle pointed towards same entry zone around 97xx to 99xx for possible long accumulation with overall pattern targets around 12k-12k7 level.

The good things about all these patterns is that all are Bullish which provide almost same entry point with same stop target zone.

Remember always to respect your stop loss should incase the trade did not go as planned. We analyst proposed but whales always have their plan which cannot be changed because of anybody analysis.

Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.

Level to watch for are:
POSSIBLE ENTRY ZONE
Possible Support LEVEL
SELL TARGETS

Do know that I appreciate your effort and the time spend in reading and watching my posts and Please leave a LIKE and FOLLOW us for more updates.

Thank you

Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.

Set up an entry/exit strategy for every trade, with good risk/reward ratio.
Trade active:
Hey guys on all the 4 setups I prescribed above, for now I will want us to focus more on CUP and handle pattern with what BTC is doing right now will the wave b of abc on the handle hold BTC down to drop to our accumulation zone??? That is a big question we need to ask ourself at the moment.

Meanwhile all shorter must aware the significant of 107xx-108xx if we manage to break through it that will be a huge success for the bull.

Trade active:
Trade active:
Strong ETH view guys check it out

Trade active:
Hello people for faster and timely updates i will advice you guys to follow us on our telegram chat room the link can be found under my signature zone. Big Bitcoin discussion is on going right now.
Trade active:
#MArket Update

We are in a critical level right now. If price keep holding above 10210$ bull still have potential to turn it all around.

A break of 10210$ will trigger massive drop.
I expect all Long to be closed if this happen.


Moreso, i still keep a closed tab on the potential Cup and handle formation which still in progress.


I will keep us posted as market develop.
Trade active:
this is a quick long call as we are approaching bottom side of this triangle again.

This worth trading.

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