As we see BTC still try and bulls still defend About the $6035/$5500, the edge of the second part of this bearish trend But what will happen if BTC dips and breakdown this support? which levels will be good to open new long-term positions for BTC?! and is this dip will be useful to us? At this post, we will try to answer your questions. we ask Allah reconcile and repay
if you follow our old updates since Dec 2017 you know that.
-What will happen if BTC dips?! and breakdown this support? -Expect we will not go to $5300 or $5500 then rebound to start a new trend, we didn`t expect that if Bulls want creat new trend the current levels is the best to create this trend, but as we see no good reaction and most people going to short btc -So, break down this edge will change $6035/$5500 From a bull line of defence To Occupied area taken by the bears Support becomes resistance, not normal resistance, that will be a mark for the downtrend. as like now marks as the edge of the market.
for that, the current levels are best if bulls want creat new trend or BTC want to save himself.
which levels will be good to open new long-term positions for BTC?!
We mentioned some levels since a long time ago -First level $4500 buy range starts from $5000/ to $4500
-Second level $2350 buy range starts from $3000 to $2350
-Bottom $1850 buy range starts from $1850 to $1200
This three levels is transformation points are very important points in the process of formation If BTC falls down off the edge and will be good to open new long-term positions for BTC.
Targets $6100 $8400
The timeframe for movement about 8 months to dips and start full recovery again
8/2018 9/2018 12/2018 End of movement and recovery if we follow the scenario Allah willing expect it will be at 2/2019
Capital Management Plan....
sure we didn`t provide this levels without help you to set your Plan for capital Management we set 50% of the capital to invest and buy BTC of each level you will use 16.5% of your capital
At first level we advise you trade with BTC and usdt pairs
At second and third level trade with BTC and BTC pairs Alts
just be sure you buy solid and real coin have a good team good projects
but someone asks why 50 % only?!! its dips and everything will be cheap that good time for invest all this trading rules if you want to stay at this market until the end you need to know and learn and respect one thing it`s "capital management" we agree with you its dips it`s good levels But know that, we didn`t go to create new trend ,We are in the process of demolition after construction, means slow movement no trading volume for days weeks maybe months / many people give up / some wait for small reward then sell So when you use 50% of your capital you will have another 50% free Ammo this will help you to do small scalping, make you calm make your mind clear and most important thing kill your panic and ignore time.
And is this dip will be useful to us?
Yes will be useful only for smart money / smart people who follow capital management and follow stop_loss at his trades as he follows targets
say who is follow trading rules didn`t pass 20% of all trades at market most people there are new at this failed many who is using his savings to join Crypto land to making money
for them, this dips will make many people run away and didn`t back
Effect of movement
will be bad, not bad only maybe more for that we wish and all agree with us, to see BTC rebound and avoid this crash But chart still the chart, his movement own the word we just keep tracking it to analyze and know his next move to help you by the best way possible
this post active directly after breaking $6035/$5500 with a weekly close below this levels
we ask Allah reconcile and repay
Bình luận
⋅
look like people don't read what we write or understand it well
from address for analysis What You need to know if BTC Breakdown? at the future To or that, the current levels are best if bulls want creat new trend or BTC want to save himself.
until Effect of movement and condition to active analysis this post active directly after breaking $6035/$5500 with a weekly close below this levels
so before you ask about something you should read and understand it well first
Yes bearish have big rate and drop have it but what we write and explain to you when it active what you can do with it and Effect of movement and what all people wish and we are one of them so if we got bullish don`t come and say no no was wrong check condition for bearish first then start asking so once again before set your comment or send your questions please read what was written at the post and we are sure you will found your answer
we ask Allah reconcile and repay
Bình luận
⋅
at last 4 H candle, btc do a good move pullback about 7% this good today is weekend and we are very close to to break edge zone $6035/$5500 but as we see this movement save btc for some time as we said before break down this edge will change $6035/$5500 From a bull line of defence To Occupied area taken by the bears Support becomes resistance, not normal resistance, that will be a mark for the downtrend. as like now marks as the edge of the market.
for that, the current levels are best if bulls want creat new trend or BTC want to save himself.
so if you ask we can get rebound from here the answer was provided before and if we did this will be good
but if btc fail and back below $5500 with weekly close active this plan and this chart and follow it if you like it
Current movement Btc has be rebound from weekly wick zone have bullish DV at 4 H frame good to lead price to $6350 / $6600 resistance for this movement if pass 6250first very small range to buy it if you would scalping you can just follow management we expect btc will bounce again and back down once again to $4900/4500 at this new week
if our expect failed and btc passed $6800 we will update and this time we can buy and open long-term position so, for now, we keep watching if you are sclaper this small range of movement will be good for you to do some trades but once again remember to follow capital management we ask Allah reconcile and repay
Bình luận
⋅
BTC New Update Continue this update we ask Allah reconcile and repay
Going below 3000 is a bit difficult to swallow but those are the levels. Its important to take into account the MACD bearisch cross on this monthly close, it will take some time to recover from that!
Good analysis from a good perspective, love it.
HamadaMark
⋅
we see Going below $6035/$5500 it`s worse than go below $3000
because at the first one all will short many will panic media will kill the market and they start as we can see people will give up but at $3000 smart people will come big investors will entre game again and one word will say buy we are at the dip but now they say watch out we going to dip we like to see it bounced and back green once again and make current level the bottom :)
you didn't pay for wishes lol so we can wish as we can but the chart own word Thanks for your comment and feedback dear bro @KuntaKintecb,
KuntaKintecb
⋅
@HamadaMark, your welcome, thanks for the reply. Just a small sidenote, dont forget the 'Bitcoin (BTC) - CME Bitcoin Futures Last Trade Date
Event date: 29.06.2018'. Next week will be very difficult for bulls.
Also most people dont take into account that trading during weekend which is mostly bots and algorithms does not reflect the traiding during the week. Hence, let not the weekend traiding influence traiding sentiment during the week.
Overcome greed with patience and fear with courage be modest in your gains and wait for favorable(bullish trend) times.
RodrigoKazuma
⋅
Soo, do you think, this up move was just a Bear realization (know as Bull trap?) I'm very afraid to trade on Bitcoin right now, can't see nothing clear.
HamadaMark
⋅
Not bull trap we can say bull trap if price close below $5500 weekly then do this pullback but this didn`t happen,
these moves come from bulls just defends the support area
the point about expect dip and why dip have rate about 60% to happen?
is come from big frames weekly and monthly as we can see full bearish movement no good sign to change trend
but at lower frames like daily and 4 H we get some signs like oversold with this pullback Bullish DV and all of them at support area
so this movement not bull trap this is normal and good moves but not big once
ours expect about bounce and back to $4900/4500 can fail? yes it`s can happen and price can go up but if did we will join with risk about 7% and open new bullish signal
about trade or not right now
sure you can do trades but before join open any trades be sure you follow capital management and everything is clear to you as first to focus and open your trades
if things not clear, wait until everything becoming clear better than join and panic then loss