At this update, we will talk about -Analysis Performance of Bitcoin on the monthly frame -Analyze BTC on different time frames -What recommendations are proposed -Update our current positions -The prevarication season end
Despite the failure of the series bullish attempts and despite the poor performance over the period of more than 90 days, despite all this, BTC is still coherent above the support level $6100/5750 and the psychological barrier of the market so far
But when does all this end?
at last update, we were waiting for monthly close even this month btc close at $6305 but she Still holds well above $6100/$5750 No weekly close below it no monthly close until now This closure was achieved during this year only once before this time, which in Jun, at this month BTC closed monthly around $6380 then at the next month BTC went up from $6380 to $8450 this was nice movement for market and traders, full green month
but what about now? Is it possible to recreate the same Jun scenario? to do that we need to see more power from Bulls to push price again above $6600 if this happened we can see a recreate for Jun scenario! However, the bearish trend remains dominant despite all attempts That is an indisputable fact.
================================================= if we take a look at Btc frames weekly / Daily / 4 Hours =================================================
================== at the weekly frame ================== we can see this the most recession period for BTC in about two years since 2017 for eight-week the trading range did not exceed $ 1000 from $6033 to $6830
also the price very close to The point of relapse or departure from the triangle from this, u can make this zone as your scalping area or set your limits to go long or short BTC
================== At Daily frame ================== we can see Btc move in Symmetrical Triangle Pattern
=========================================== So know u ask what you can do with BTC? ===========================================
the best thing to do wait for a clear breakout/down then trade it and as we said if btc will recreate the Jun scenario we need to see price went up above $6500/6850 this will give you good signal and profit for us and our followers we do many trades with btc while this period last signals we have and still hold them full secured they are open from:
$5850 Gained 25% moved at 50 % of profit stop at entry Activated since Jun
$6100 Hit target at $6500 Have 2 targets Stop at entry Activated Twice since 19 Sep 11 Oct
for now, we don`t Suggest Take any Action with btc we expect btc will Will determine its destination and start implementation at 15 /45 days from now so yeah we can see The end for prevarication season.
"Notice" -we don`t recommend use leverage at any trade or analysis we share. So be calm check your trades, keep your eyes on updates. and follow capital management, no leverage We recommend reading these educational topics maybe help you.
Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
Trade active
#BTC Nice Push From Bulls Btc break $6350 while we open chart reach $6440 This was an important zone to Btc and this good move come at end week also good Buy BTC round $6407/$6350 Targets $6550 HOLD HOLD Stop_loss: At $6300 Set Your Own Risk No leverage!
Remember Is it possible to recreate the same Jun scenario? to do that we need to see more power from Bulls to push price again above $6600 if this happened we can see a recreate for Jun scenario! However, the bearish trend remains dominant despite all attempts That is an indisputable fact.
we expect btc 1.19% will Will determine its destination and start implementation at 15 /45 days from now so yeah we can see The end for prevarication season.
2 Days Passed and we see BTC Try again Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
Trade closed: target reached
#BTC Signals update
we have BTC from 3 points -$5850 Since Jun gained 25% moved in 50% of the profit Stop at entry "Since Jun"
-$6100 Stop at entry Hit 1 Target at 6500 have 2 free targets "since 19 sep Hit and activated again at "11 Oct"
-$6370 Since 4 Nov Targets $6550 Hit $6544 HOLD HOLD Stop_loss: At $6300
Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
Note
Notice we have a chance to recreate the same Jun scenario Btc are close to passing $6600
Also, we set time analysis since 2 Nov 5 days passed since it
we expect BTC will Will determine its destination and start implementation at 15 /45 days from now so yeah we can see The end for prevarication season.
Check Weekly Frame And Trade Pattern Mention to our Vip since 18 Oct prnt.sc/l7wrr9
Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
Note
#BTC Daily Update
After this move from $6250 to $6550 Both level listed at our important level list Btc Stop at $6550 And show Weak Reaction + Bearish DV at 4 H frame If BTC fails to Close Above $6550 Daily we might see btc pulldown to $6430/$6350 once again And Bulls fail to create the Jun scenario Break this level will take Market to the Panic side again. So be sure you Manage your trades as we Suggest and keep eyes on BTC Daily close Read Our Important level for btc Check Our Plan and analysis at This charts
Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
Note
#BTC Here we are Read last update BTC fails to Close Above $6550 Daily we might see btc pulldown to $6430/$6350 once again And Bulls fail to create the Jun scenario Break this level will take Market to the Panic side again. ========================= Btc fail to close above $6550/6600 Daily then Hit $6450 We set those levels $6430 $6350 As Support level for noraml move but if btc down harad and break them as we said at last update Break this level will take Market to the Panic side again. we can see $6200/6100 Aagin =============================== So be sure you Manage your trades as we Suggest Read Our Important level for btc ===============================
Good luck to all. The Wild Crypto™, We ask Allah reconcile and repay
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