EATrading1

HISTORY REPEATS ITSELF

Long
EATrading1 Updated   
BITMEX:XBTUSD.P   Bitcoin
Hello everybody, The same fractal as always if you remember our previous analysis * Fractal *
On the left this is our prediction before
Look to the right you'll see the same movement inside falling wedge i think bitcoin gonna do the same action as before , to touch his targets (3860 - 3970)
Bitcoin also re-tested the broken up-trend and still touching it this give us a good signal that the next price action will be the break-out

in my opinion to avoid any risk you can wait for the break-out , so set your order above the down-trend (3630 - 3640) zone therefore we also avoided the pump without us with the pending order


Good luck
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Comment:
On the right side after the break-out we re-tested the trend again ,This is a good signal but still low volume , anyway our order still pending
Comment:
Very bad reaction i think we’ll not complete ... we have 2 days above the broken falling wedge and we didn’t move but anyway we’re still watching and if you in i think you have to sell now until we break-out 3660 zone to reach our main targets
Comment:
Simple analysis ,, Just follow these channels and your target the down-trend
We should break 3660$ first to reach 3800 - 3900 , Entry above the first trend
For the second time streak of selling bitcoin in the highest point then dump after it

Comment:
Alt coins started to dump and this is normal , I think if bitcoin wanna move up this will be the last move for it before the big dump
Entry zone should be on the down-trend of the channel ( 3380 ) .. STOP-LOSS 3345
Your entry is optional for this trade because market is unstable
Comment:
I see a bullish divergence on 15M time frame ... You can buy now with stop-loss under 3350$
Comment:
Hahaha touched 3380$
Accuracy 100%
Comment:
We've touched the support trend now our targets * Blue lines *
STOP-LOSS: Under the support 3330$
We have to break-out the first down-trend to reach the second one
Comment:
First target done 3500$
Now i see a bearish flag could take us to 3300$ zone so we can buy again from this zone

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