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ahmedabdelbary
Jan 8, 2018 12:45 PM

Bitcoin, Supporting for midterm a moon. 

Bitcoin / Tether USDPoloniex

Description

As shown in the chart BTC is geeting its papers together, POLONIEX:BTCUSDT it is having a solid support line on 14k USDT -within 48 hrs- while it is accumulating its power to strongly break the 20k resistance level -within maybe the next week-.

Instructions:
Buy: 14500 >> 15500

S/L: 13700

Targets:
  • 1st: 16500
  • 2nd: 18000
  • 3rd: 19000
  • 4th: 20000
  • 5th: 22000


Recommended: Set a new S/L after reaching a new target equals, 10% of that target.

Updates during the coming hours.

Comment

On 1hr chart: We are reaching the support area while MACD & RSI are bullish.. Keep Attention!

Trade active

At the moment, It's bouncing on 14500..

Comment

If We break 15000 resistance level, we may start our rally right there. Let's HODL.

Comment

Apparently, on 4hr chart, we are running away upward from the support zone. We still have a Bullish MACD and RSI is Bullish too @ the oversold region. Some volume spike recently approves as well that we are Bullish ahead.

Comment

Hello again guys, We still somewhere in the support area,oscillating between 14000 & 15000, here we are gaining more power and volume to start our long journey.
4hr chart says;
-Candles, still having some rest in the support area.
-MACD, looking forward to an intersection in 12:18 hour as a Bullish signal.
-RSI, Oversold ranking 40% which is a reversal signal.
-STOCH, Reversal signal there too.

Keep attention while we are coursing.

Comment

On the 1hr time frame chart,we may break the downtrend line here, If we close above it it may be a very good signal.
Keep Up!

Comment

We are under the 14000 Support line & landing on the 10000 support line.
This down break due to some news from Asia about exchange and trading limitations.

Trade closed manually

Comments
MSArkRoyal
any update? still looking you.
ahmedabdelbary
@MSArkRoyal, Thank you my friend for you attention, Idea updated :)
MSArkRoyal
@ahmedabdelbary, very clearly and easy understanding. Nice. :D
ahmedabdelbary
@MSArkRoyal, Thank you :))
MSArkRoyal
We are waiting...
ahmedabdelbary
@MSArkRoyal, The more red candles we have, the more potential gained to break resistance level. Be Patient :)
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