#BTC A Critical Moment!! And what you need to know?!

A new week with an upward movement in its beginning despite last week's bad closure
The weekly candle was and still is as close as the hanged man Pattern

You may ask what to do now?!
In the beginning, if you miss our entry -level at $3350/$3322
Your pending limit orders remain effective so far
between $3450/$3350

Let's have a quick look at the chart and explain why?!!
Daily frame:
BTC still moves within the symmetrical triangle we mentioned earlier and the current movement is still below the trend lines of this triangle
Also
$3750/$3850 are critical levels, and with the emergence of bullish candlesticks, these levels not broke out yet.

12-hour frame
BTC shows us a bullish Pattern H&S
So if BTC complete this pattern, we will see a breakout for these critical levels at $3750/3850
We may see a direct rally to $4000 levels
Other than that, Btc is still inside the box and move below these critical levels, so, your limits orders still valid, until btc breakout at this case, we will update you with a new entry or buy direct


If you looking to trade Current movement and you don`t want to wait
$3700/3650 can be your entry " Risky Entry"

Your target
$3750
$3850
$Hold
$Hold

Sl: $3580
Invest:10/15%


The Trading Range:
since 20 Nov 2018 until today Is between $4600 $3150
So, the fomo will come to market if bulls breakout $4400/4600 weekly as we mentioned
and the opposite will happen if bears breakdown these levels at $3150/2900 with weekly closing below it, the panic and fear, will be spread on the market
So Once again be sure you follow risk management in your trades the current movement still in the normal range


Current Active signals:
from $3322 achieved a target at $3650
Next Targets
$3750 Hit $3711 edit to hold
$Hold No change
Sl $3300
====
from $3150/3250, gained about +24% of the profit
the last target is Hold, Sl at entry


Below $3000 This is your trading Plan 2019/2020


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

Bình luận:

Both Patterns comes in Bearish trend, but both come in different cases.
for sure breakout will give the market green kiss to good recovery and all of us love to see that happen

But this is a trading work, not a place for wishes and emotions so be sure you follow risk management in your trades

by the way, this was a previous analysis for the same pattern but from different levels

We ask Allah reconcile and repay

Đóng lệnh: đạt mục tiêu:

#BTC Risky entry from $3700/3650 Btc went up from $3700 Hit target at
$3750
Next Targets
$3850
$Hold
$Hold

Move Sl to $3650

Current Active signals:
from $3322 achieved a target at $3650
Next Targets
$3750 Hit $3711 edit to hold
$Hold No change
Sl $3300
====
from $3150/3250, gained about +24% of the profit
the last target is Hold, Sl at entry

We ask Allah reconcile and repay

Đóng lệnh: đạt mục tiêu:

The signal from $3700
Hit Sec target at $3850
Next Targets
$Hold
$Hold
Sl: At entry

signals:
from $3322 achieved a target at $3650
Next Targets
$3750
$Hold
Sl at entry $3322
====
from $3150/3250, gained about +24% of the profit
the last target is Hold, Sl at entry

We ask Allah reconcile and repay

Bình luận:

#BTC

-Move Around the Critical levels we mentioned at $3850 (SMA 100) on the daily frame, and there is some weakness from these levels with Bearish Divergence

-for that, Btc needs to passing these levels with closing above $4100/4600/ Daily/ weekly for more rise and keep this bullish movement.

-but if Btc fails to do that and showing more weakness signs probably we will see Btc price drop to $3650/3550 again as the first support for bulls.

-So, Check Your active trades and be sure you follow risk management well.

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

Bình luận:

Current Active Signals:

1
$3150/3250 Gained +24
Next Targets
$Hold
Sl At entry

2
$3322 Hit targets at $3650
Next Targets
$Hold
$Hold
Sl At entry

3
$3700 Achieve Target at $3850
Next Targets
$Hold
$Hold
Sl At entry

We ask Allah reconcile and repay