#BTC And bears Won! Again !!

#BTC And bears take the lead!!

Last Update since 24 H ago
A bearish candlestick appears with bad closures in the $ 3990 area with weak reaction from $4060

Directly a breakdown to $39Xx/38Xx (SMA 100-200) with full bearish candle

As we said before
if Btc fail to hold above these levels and breakdown with a full bearish candle, will lead the market to panic again


Current movement:
after 3 days above $4000, bulls fail to push btc up for a breakout $4200/4400 and finally,
the Bears won with a full bearish candle to $3780

Current Support zone $3650/3550
probably we will see bulls Defends those levels if btc fail to rebound from these levels and breakdown, this will lead to $3300/3150 ( SMA 200 Weekly Again) as we said at time frames analyses

-Break $3600$3500 with a full bearish candle will lead btc to another dip $3300/$2900.
-( SMA 200) is a major support for btc at weekly frame so closing below it would have bad consequences to market.
-Breakout Resistance ( SMA 150) $4200/4400 with weekly close will bring more bullish movement

Dec Close was good but 10 days passed from Jan and bulls show weakness, and the bears dominate again for now,
let us watch what will happen in next 20 days
15 Jan
25 Jan


Ps:
we don`t short btc due to we didn`t use leverage or recommend to use it so we looking for long chances only
also, we mentioned the weakness for bulls since 8 Jan, and the last update since 24 Hours was at $3990/$4010 also, we confirmed bulls weakness in this update but we don`t open short position as you know, even if we analyze movement
we ask Allah reconcile and repay

Bình luận:

Bình luận:

Current Support zone $3650/3550
probably we will see bulls Defends those levels if btc fail to rebound from these levels and breakdown, this will lead to $3300/3150 ( SMA 200 Weekly Again)

we ask Allah reconcile and repay

Bình luận:

if you ask what the plan now?

we will tell you we trade With (SMA 200 ) $3000 As main Support And (SMA 150) $4400 As the main resistance for the current movement in btc

So

breakdown $3000 with a full bearish candle in the weekly frame will lead btc to $2750 / $2350/ $1950 /$1450 this fib in chart levels as support levels and targets for bears
And vice versa
if btc breakout $4400 weekly with a full bullish candle will see $4600/$5050/$5300/$5700

Between this range, there is Defend line for bulls at $3500/3650 probably we will see bulls show defend from these levels if they managed to repel the bears, we will see Bounce to $3750 /3850, but if they fail to do that, the bears will pull the price down to $3300/3000

Our current Action
we setup scalp from $3550/3490 we will cancel it and we will wait for $3300 / $3000 with 15% of your capital
Allah willing any new chance for scalp btc we will try to share it

Ps:
we near the bottom that true but the main trend still bearish...
so don`t fomo about the moon or $10000000k for btc
we need to confirm bottom first at what level then trade it
during this, we set limits for movement and keep tracking performance.

also, read this
since Nov/ Dec 2018 we mentioned that
As long as the Bitcoin moves below these levels$6500/7500 we are in this stage called breaking bones, and BTC is likely to Dip more and bounce many times, No matter how long btc will do that, we expect BTC will rebound again to $5000/$5650 levels again, end of the game.
So
during this stage, Allah willing, we will try to trade with Btc movement, as we doing since Dec 2017 and we need you to be sure you follow capital management as we suggest

Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay

Bình luận:

#BTC
(SMA 200) at 4H frame $3670
(SMA 50) in daily frame $3750

Bulls trying hard since 3/6 days to pass these levels but they could not until now, the next 24 hours looks will be epic between bulls and bears.
So if you have any active positions check Your risk management and be sure you have a free capital in your wallet


Our view and thought since $4060 until last missing scalp from $3512 still looking for more dips
Our prediction and analysis will fail if btc back above $4400 weekly

Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay

Bình luận:

#BTC
No big change after the last update
Btc drop to $3570 then rebounded to $3640
bulls still defends well about these levels $3500/3650

Current movement:
At 4 H frame
Btc Still move below
(SMA 200) at 4H frame $3670
(SMA 50) in daily frame $3750

also, we can see
Shows Ascending triangle

the breakdown this triangle will lead btc to $3250/$3000 opposite if breakout we will see $3750 $3850

There is a chance to buy from $3570/3600 u are free to follow it
but we will wait due we expect breakdown to $3250/3000 by 70%
from $4060 we wait for $3800 As a psychological point of the market
and $3500/$3650 As a line of defense for bulls and btc stable above it since 8 days
but we can`t skip weekly performance, and until bulls weak in attack good at defending
so we will wait for $3250/3000 or follow breakout if bulls success to do that

Ps:
we were had BTC from $3512 as scalping signal in last week but we closed it at entry due to this weakness on the weekly frame and red close at 4 H frame at this time, then btc hit the first Target at $3650 after few hours

Also, at previous update, we mentioned our expect Btc will dip to $3300/3000 if bulls fail to erasure this weakness on the weekly frame
Our prediction will fail if the bulls break $4000/4400 weekly (SMA 150)


Note:
The expectation does not mean imposing what you want on a fait accompli
It's just a conclusion from the current movement of what will happen in the future
But does not necessarily mean the success of that conclusion

anyway..., the reality and what happens, is the movement on which we sell and buy based on it, not the expectation. so if our expectation succeed, we trade depending on movement, if it fails, we follow and trade with movement also, so we trade and care about movement more than expectation


and know that if our expectations fail, or signal hit stop loss, we will mention the result as always we do, not ignore it and just post a new update or new signal this not good as a person before you be a trader


before looking for trades, look for credibility
In the other, we are human, do wrong and right
but the shame if we ignore our mistakes and mentioned right things only

Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay