Hello Tv Community! ๐
This will be our monthly analysis for BTC, below it, you will find a daily update for BTC movement during Aug!
Here first short-term update for this month! ๐
#BTCUSDT ( Short-Term) Update!
Although BTC bulls doing well and keep pushing the prices up they become weak in a critical area!!
Current movement,
if we looked at the chart we can see a clear bearish divergence with weakness at $42K!! and there is a gap at $40K which makes bears take all signs to start shorting BTC!! that is what you can get from the chart.
but If we take into account the general state of the market, you will find that most traders are optimistic which make them ready for any prices below $40K to buy btc again
Yeah, there is a gap at $32K and $24K etc, and there is also a gap at
(Bullish term) ๐
Bulls need to breakout
(Bearish term) ๐
if they failed to do that and BTC closed below $37K daily then bears will pull BTCdown to $36/$34/$32K
Current action,
we will keep trade BTC and take another long position as long as BTC is holding above $37500K daily
๐จโ๐ปMy personal opinion,(Biased view, Subject to fail)
i believe there is another sell-off for the market, and i also believe the market has started a bearish cycle since this dump from
but after all, we can't ignore movement so we trade with movement and send signals based on it, and this opinion is still active with the terms we have set
So some people saying $100 k from here and this wave is done,
and other people say we will see BTC below $30K once again before achieving any new ATH
But we say
Market in the bearish cycle as long as BTC didn't close above
Remember,
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person. for us, we extract both sides and we define the best buy /sell zone and trade based on that, and what we care about is what happens.
As analysts, we have to explain both bullish and bearish directions, and if there a chance to give a personal prediction for the next movement we will do as like previous analyses. Also, you do not have to worry about what or how i think, but you have to worry about what is happening and what you can do based on it. So, Be bullish or bearish as you want, But be sure you cannot impose what you want or force it to happen. so be ready for everything.
Ps:
We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only.
Also, The TA updates are an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else. as analysts, we have to explain both bullish and bearish directions, and if there a chance to give a personal prediction for the next movement we will do as like previous analyses.
This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Remember that the Cryptocurrency market is very volatile and not suitable for everyone, so be aware of what you will do before you start.
Signals updates! ๐ก
Current active signals we have:
Entry from $31500 Posted 21 July
โ Achieved TP3 at $343XX, Still active, Stop-loss set at $entry
Entry from $393XX Posted 30 July
โ Achieved TP3 at 410XX Still active, Stop-loss set at $entry
Expired signals !! โ๏ธ
Entry from $30450 Posted 21 July
Canceled โ Target achieved before entering the entry zone
Entry from $29750 Posted 20 July
Canceled โ Ended at same Day
Entry from $321XX Since 13 July ended at 19 July
โ Achieved TP1 at $328XX, +2.15%
Entry from $318XX Posted 16 July ended at 19 July
โ Achieved TP1 at $321XX,+1%
Entry from $30580 Posted 26 June ended at 19 July
โ Achieved TP3 at $329XX, +7.5%
Current Active buy limits ๐
Mid-term
Buy in parts $21500 - 24250 - 26500
Max invest 25%!
for Investors New buy limits for 2021/2022 !!
$11500
$9850
$6500
Max invest 25% per level
Good luck to all.
๐we ask Allah reconcile and repay๐
Previous Technicals Analyses Since 65K Dump





Note
[04.08.21 00:14][In reply โข]
#BTC got rebound from support zone we mentioned at $37XXX to $39XXX by +5%
As we said in the last update
(Bullish term) ๐
Bulls need to reclaim
(Bearish term) ๐
if they failed to do that and BTC closed below $37K daily then bears will pull BTCdown to $36/$34/$32K
And our Current action,
we will keep trading BTC and take another long position as long as BTC is holding above $37500K daily and we did already!
We are still following below you find our personal view for the whole movement!
Good luck to all.
๐we ask Allah reconcile and repay๐
Note
[05.08.21 11:57][In reply t ]
we ask Allah reconcile and repay.
[05.08.21 17:41]
[In reply ]
#BTC after whales kicking who long BTC from 337/36K range the back to kick out who short BTC from 440/42K !!
BTC reached $373XX and rebound by +5% Based on the last chart view we shared!
The second buy limit for our signal was at $3714X but the price rebound by the difference of $150!! less than 0.5%
Right now, 1H TF showing a chance for double bottom breakout
We still following this short-term update we posted on 1 Aug and keep you update with daily movement until the market takes a clear direction!
Good luck to all.
๐we ask Allah reconcile and repay๐
Note
[07.08.21 20:16][In reply to
BTC followed W bottom we mentioned and breakout
Right now, Be sure you follow targets we set this view we posted here about another sell-off from $48/51K to $32/26/24K is still active as long as no breakout for $65 weekly !!
Ps:
we don't short BTC!
Good luck to all.
๐we ask Allah reconcile and repay๐
[08.08.21 15:30]
[In reply
#BTCUSDT
๐we ask Allah reconcile and repay๐
Note
[09.08.21 17:48][09.08.21 17:50]
[In reply
Be aware BTC got close from the reversal zone and we looking for another sell-off to $32/29/24K as long as BTC did not close above $55 Daily
Ps:
we don't short BTC!
[09.08.21 15:20]
#BTC/USDT Take-Profit target 4 โ
Profit: 20.0787% ๐
Period: 4 Days 3 Hours 37 Minutes โฐ
Binance, Bittrex, KuCoin
#BTC/USDT Take-Profit target 4 โ
Profit: 45.5556% ๐
Period: 19 Days 1 Hours 54 Minutes โฐ
๐we ask Allah reconcile and repay๐
Note
#BTCUSDT Short-term update BTC Shows clear weakens from $47K and prices slipping to $44K and most bears opened their position around this reversal area we talked about it in the last updates!
Current movement:
right now, the chart shows $42/41 as the first support area for BTC, and also there is a chance for H&S there which makes bearish more bearish!
(Bullish term) ๐
if bulls hold above $40K we will see prices rebound again to $45/48/50K and this will be the last up leg to liquidate all retail traders who shorted BTC from $47K
(Bearish term) ๐
Breakdown $40K with a daily close below will push prices to $36/34/32K so be cautious with your trades!
๐ฌCurrent action,
We posted scalping from this support area we mentioned, be sure you follow risk management, it's mentioned as risky trade due to the market statement.
๐จโ๐ปMy personal opinion,(Biased view, Subject to fail)
i believe there is another sell-off for the market from $48/50K. and i also believe the market has started a bearish cycle since this dump from
So, as long as BTC didn't close above
Please read this user guide ๐ , before you start following us: ๐
Good luck to all.
๐we ask Allah reconcile and repay๐
Note
[In reply to ]#BTCUSDT Short-term update!
In the previous update, we talked about this chance for prices rebound again to $45/48/50K as long as bulls holding it, and said this will be the last up leg to liquidate all retail traders who shorted BTC from $47K during that we shared scalping from $433XX but prices rebounded from $437XX to
Now let us take a look at the current movement:
As we see BTC prices got rejected twice from
Based on the chart we extract these Movement conditions
(Bullish term) ๐
Bulls need to breakout $55K Daily and
(Bearish term) ๐
Bears need to break down (MA 50) on 4H TF and following this bearish pattern(Double top) by close below $40K daily which makes them the sole dominators on movement and killing hopes for any new ATH in near future.
๐ฌCurrent action,
We are outside and watching the market. Whales can do some tricky moves in this area $48/51K, between fake breakout or panic sell candle, So this area working as a psychological zone for traders, and if you don't own BTC from our signals we shared with you, we advise you to stay away until we have one winner and clear direction.
๐จโ๐ปMy personal opinion,(Biased view, Subject to fail)
as I said in the last update, i believe there is another sell-off for the market from $48/50K. and i also believe the market has started a bearish cycle since this dump from
So, as long as BTC didn't close above
Please read this user guide ๐ , before you start following us: ๐
๐we ask Allah reconcile and repay๐
Note
[18.08.21 18:31][In reply
#BTCUSDT Short-term update! - 7.5% from $48XXX to $44XXX ,
Current movement,
show BTC squeezing between MA 50/100 on 4H TF, and give bulls have another try to push the price to 551/52K(Trap zone, Fomo area) if they succeed to reclaim
So this squeezing zone will show How serious is the challenge between bears and bulls !!
Based on the chart we extract these Movement conditions
(Bullish term) ๐
Bulls need to breakout
(Bearish term) ๐
Bears have broken (MA 50) on 4H TF, They keep trying to make the bulls suffer, and this will happen by breakdown $40K daily, which make prices pullback to $36/32K, and make bears the sole dominators on movement and killing hopes for any new ATH in near future by back below 30K if they did.
๐ฌCurrent action,
We are outside, watching the market. Whales can do some tricky moves in this area $48/51K, between fake breakout or panic sell candle, So this area working as a psychological zone for traders, and if you don't own BTC from our signals we shared with you, we advise you to stay away until we have one winner and clear direction for the market. this squeezing area gives some scalping trades but we will avoid it as well.
๐จโ๐ปMy personal opinion,(Biased view, Subject to fail)
as I said in the last update, i believe there is another sell-off for the market from $48/50K ( there -7.5% from
So, as long as BTC didn't close above
Please read this user guide ๐ , before you start following us: ๐
Good luck to all.
๐we ask Allah reconcile and repay๐
[27.08.21 07:36]
[In reply
#BTCUSDT Short-term update!
After pump by +10% from this squeezing area we mentioned in the last updates, BTC got pullback by -9% from this (trap zone) we talked about it on our updates,
you can review the last updates we posted on 18/20 Aug about movement and our view, and you find BTC doing exactly what we looking for.
Current movement, we can see BTC Bulls got rejected from $50XXX ( trap zone) we mentioned in the previous update, after this pump from squeezing area we talked about on 18 Aug at $45K.
There is nothing new we can add to our view. so we still have the same view and the same plan, which we shared with you on 18/20 AUG for BTC movement.
18 Aug update
Take your time to read bullish and bearish terms for BTC, and below it there our personal view.
Please read this user guide ๐ , before you start following us: ๐
Good luck to all.
๐we ask Allah reconcile and repay๐
Note
[In reply#BTCUSDT Short-term update!
Current movement:
for the last 10 days, Bulls kept BTC steady above
As we mentioned
(Bullish term) ๐
Bulls need to breakout
(Bearish term) ๐
Bears have broken (MA 50) on 4H TF, They keep trying to make the bulls suffer, and this will happen by breakdown $40K daily, which make prices pullback to $36/32K, and make bears the sole dominators on movement and killing hopes for any new ATH in near future by back below 30K if they did.
๐ฌCurrent action,
There Chance for Scalping above $47 but We still outside, watching BTC. Whales can do some tricky moves in this area $48/51K, between fake breakout or panic sell candle, So this area working as a psychological zone for traders, and if you don't own BTC from our signals we shared with you, we advise you to stay away until we have one winner and clear direction for the market. this squeezing area gives some scalping trades but we will avoid it as well.
๐จโ๐ปMy personal opinion,(Biased view, Subject to fail)
as I said in the last update, i believe there is another sell-off for the market from $48/50K ( there -7.5% from
So, as long as BTC didn't close above
Please read this user guide ๐ , before you start following us: ๐
Good luck to all.
๐we ask Allah reconcile and repay๐
If you want to trade this stability above
Ps: we will not take this signal and we will wait
#BTCUSDT Very Risky
Buy : 46269 - 46985 - 47700
Target 1: 48416
Target 2: 49131
Target 3: 50562
Target 4: 53996
Stoploss: 45575
Risk/Reward: 3.00% / 13.20%
ROI : 6.00%
Invest / Position Size : 1.5%
Exchange : Binance , Bittrex, KuCoin, Bitstamp
Duration: 1-7 Days
Confidence in Trade : Low
we ask Allah reconcile and repay.
[In reply
KuCoin, Bittrex, Binance
#BTC/USDT Entry target 1 โ
Average Entry Price: 47700 ๐ต
[In reply
KuCoin, Bittrex, Binance
#BTC/USDT Take-Profit target 1 โ
Profit: 1.501% ๐
Period: 6 Hours 31 Minutes โฐ
[In reply
KuCoin, Bittrex, Binance
#BTC/USDT Take-Profit target 2 โ
Profit: 3.0% ๐
Period: 15 Hours 16 Minutes โฐ
Note
#BTCUSDT Got bounced by -5% from the Trap zone area we set right now, If BTC closed below $50K Daily we will see $48/46/44/37/32K step by step, this view will fail if BTC Closed above $55K/65K Daily/weekly !!
we recommend you take a look at the last update we posted
๐we ask Allah reconcile and repay๐
Note
[21.09.21 23:42][In reply to ]
#BTCUSDT
1H TF shows bullish divergence for Btc at $40K which means a chance for a pullback to $43K previous resistance! if the bulls use this divergence, But we still see the $37k zone as a good support to take scalping trade from it, but if prices rebounded from here to $43/44K we will cancel the plan about scalping $37K!
๐ฌCurrent action,
if You want you can go with what the chart says and go with bullish divergence but I don't have much confidence in it, so be careful and follow your risk management.
Ps:
We could be wrong or right, so be sure to do your own research.
Please read this user guide ๐ , before you start following us: ๐
Good luck to all.
๐we ask Allah reconcile and repay๐
[22.09.21 20:21]
[In repl
#BTCUSDT
BTC retest the $43k/44K zone and followed this bullish divergence we talked about in the last update! if you take any scalping trades from 440/41K be sure to book some profits and secure them.
๐ต๏ธโโ๏ธCurrent movement:
BTC has retested the $44K area and that was the last support line before the breakdown to $40K, right now, we notice a decrease in selling momentum But there is no significant increase in the buy that suggests the bulls are over again, So we still looking for another selling wave to $34/$32K and lower than these levels probably. this view will fail if the bulls reclaimed $50/55K Daily!
๐ฌCurrent action,
Due to this rebound from $40K to $44K, we will cancel these scalping limits at $37K as we explained in the last update, and we will wait for BTC at $34/32K!.
Ps:
We could be wrong or right, so be sure to do your own research.
Please read this user guide ๐ , before you start following us: ๐
Good luck to all.
๐we ask Allah reconcile and repay๐
Note
[27.09.21 16:38][In reply to
๐we ask Allah reconcile and repay๐
[29.09.21 16:28]
[In reply
#BTC Price got another reject by -8.5 from $44K for the second time after the last updates we posted, also BTC got dump by -25% since this update about the trap zone from 550/52K
in current time,
We still follow the plans we posted since
4H TF Showing Bearish H&S inside this bearish pennant, Both are valid as long as BTC didn't breakout
Ps:
We could be wrong or right, so be sure to do your own research.
Please read this user guide ๐ , before you start following us: ๐
Good luck to all.
๐we ask Allah reconcile and repay๐
[01.10.21 13:08]
[In reply to
#BTCUSDT Quick update
nice movement from bulls by breaking out $47K in the midday with a new monthly candle opening after 9 days of sideways movement between $40/45K!!
our short-term plan is still valid as long BTC didn't close daily close above $46K!, if BTC confirmed this breakout we will buy a $43K retest probably!
main plan about another dips to $32K maybe lower is active also as long as no daily/weekly close above $55K/65K.
Important levels for this short-term movement
Current resistance
$48/51K
Current support levels
$45/43K
441/39K
we ask Allah reconcile and repay
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.