KingSlem

KingSlem

From my illustration you will see the the movement of the trend from level A to level B. Showing up trend bullish movement which we will experience now and weekend .

KingSlem Updated 

IN THIS CHART YOU WILL OBSERVE THAT THAT IN THE 30MINS TRADE OF BTC AGAINST TETHER THERE IS A STRONG RESISTANCE TRADING FOR ALOMOST 12 HOURS DURING THE DAY BETWEEN 53675 TO 54927 ... IT BREAK FROM 50615 AND MANAGE TO PUMP TO 54927 AND IF IT FAILS TO BREAK THE RESISTANCE AT 55000 THERE COULD BE A RETEST AT 50615 AND THE SELLERS KEEP PUSHING WE COULD EXPIRIENCE A...

KingSlem

its very interesting to know how the trend has been going for the trade between BTC and USDT and from my chart you will observe that thev trade is going a zig zag direction and there is every tendency that its going to experience a new trend and from point A to B and to C and going down to D this will take place in few hours into the trading of 24hrs .

KingSlem

Though Bitcoin is attempting to find support at 45k which may lead to another leg higher I am not as optimistic as most. We did issue an aggressive long signal on Friday that never triggered and a good thing it didn't. Buy Stops help keep us from getting in a trade too early only to get stopped out and sticking to our strategy this is one of those times. Patience...

KingSlem

IF you observe closely at the chart of btc against usdt you will find out that the support level is rigid and could either pump or it will enter the bear market at a drastic level .