Hello guys .. and greetings from HT ...
actually here a small update for the people who are asking me on Bitmex Troll box chat ..
what is the update , where btc going, dump or pump !!!!! these kind of questions are really being asked from lot of users .. and some of scammers on troll box are really confusing
new traders that they are not familiar with trading
here im gonna tell you 2 scenarios you guys should put it in mind and follow it to be your map !!!
PART A
1- btc now testing the 50MA on daily frame (this is very bullish if we break it up ) 3850-3900 areas
breaking it will give us a chance to test the higher trend-line that coming from previous high on 4350 area .. and in my opinion we can break it as we are trading above the 50MA ..
our targets will be above 4500 which i already spoke about it in my previous topics .. ill leave the link to allow you read it again ..
2- btc playing the IH&S pattern which has the neckline support at 3550-60 areas ... (this point save it as u save your name ,, and shouldn't be broke)
this pattern is very bullish with huge targets up to 5k areas ...
3- btc seems finished all the 5 waves down from 6350 areas and ended in 3120 .. 5 clear waves ,, support came there to start correction ABC to the upside .. and should hit at least 0.5 fib levels at 4.6-5k areas ..
i spoke about it too much before
also i have spoke about the leverage case ,., guys i warned about using more than 5x in these days as we need to know where the direction can give us more confirmations
and who is getting REKT will be his own responsibility for using high leverage and all in bag ... which is completely wrong these days ..
using all in plan in your trades will make you regret .. as we have here many chances to ladder cheaper points ... so try to make a plan when you are using the buy trigger ..
use 20% on each point which i am already speaking about it daily in chat ...
PART B
part b plan very simple ...
breaking the 3550 will make me do new analysis .. as the trend will be completely changed from bullish into bearish and this point is critical if broke as we will see a huge sell off orders same as you guys seen it when we dropped from 6.4k areas .. so be aware to stop there and wait a suitable update to catch a good orders (will be discussed if happened)
***FOR OTHER EXCHANGES USERS PLEASE GO TO CHART AND CHECK THE NECKLINE PRICE THERE WILL BE YOUR STOP AS WE HAVE LITTLE BIT DIFFERENT PRICES FROM ONE TO OTHER***
i hope you understand now what btc doing and dont forget to hit the like and follow triggers to keep you up to dated ..
Sincerely Yours
HT TRADING TEAM
actually here a small update for the people who are asking me on Bitmex Troll box chat ..
what is the update , where btc going, dump or pump !!!!! these kind of questions are really being asked from lot of users .. and some of scammers on troll box are really confusing
new traders that they are not familiar with trading
here im gonna tell you 2 scenarios you guys should put it in mind and follow it to be your map !!!
PART A
1- btc now testing the 50MA on daily frame (this is very bullish if we break it up ) 3850-3900 areas
breaking it will give us a chance to test the higher trend-line that coming from previous high on 4350 area .. and in my opinion we can break it as we are trading above the 50MA ..
our targets will be above 4500 which i already spoke about it in my previous topics .. ill leave the link to allow you read it again ..
2- btc playing the IH&S pattern which has the neckline support at 3550-60 areas ... (this point save it as u save your name ,, and shouldn't be broke)
this pattern is very bullish with huge targets up to 5k areas ...
3- btc seems finished all the 5 waves down from 6350 areas and ended in 3120 .. 5 clear waves ,, support came there to start correction ABC to the upside .. and should hit at least 0.5 fib levels at 4.6-5k areas ..
i spoke about it too much before
also i have spoke about the leverage case ,., guys i warned about using more than 5x in these days as we need to know where the direction can give us more confirmations
and who is getting REKT will be his own responsibility for using high leverage and all in bag ... which is completely wrong these days ..
using all in plan in your trades will make you regret .. as we have here many chances to ladder cheaper points ... so try to make a plan when you are using the buy trigger ..
use 20% on each point which i am already speaking about it daily in chat ...
PART B
part b plan very simple ...
breaking the 3550 will make me do new analysis .. as the trend will be completely changed from bullish into bearish and this point is critical if broke as we will see a huge sell off orders same as you guys seen it when we dropped from 6.4k areas .. so be aware to stop there and wait a suitable update to catch a good orders (will be discussed if happened)
***FOR OTHER EXCHANGES USERS PLEASE GO TO CHART AND CHECK THE NECKLINE PRICE THERE WILL BE YOUR STOP AS WE HAVE LITTLE BIT DIFFERENT PRICES FROM ONE TO OTHER***
i hope you understand now what btc doing and dont forget to hit the like and follow triggers to keep you up to dated ..
Sincerely Yours
HT TRADING TEAM
