Hello Everyone! In the beginning, your support means a lot to us and encourages us to continue so Thanks for all support you provide.
Today we are on a date with the publication of another BTC update on the main page. Our last update on the main page was approximately 45 days ago but below them we continuous updates, the last of which was hours ago.
In the last update, we talked about potential scenarios(Bullish and bearish ) as always but it seems some were upset that we are taking the downside as a personal view. But then the market and Bitcoin fell by 33% to make many retailers get out of the market! Of course, this is a sad thing, but remember that the goal of our publication of these analyzes is to make you prepared always and aware of what may happen, and we always strive to help you with that.
Now let us talk about Possible scenarios for movement!
Bullish scenario, (Everyone's favorite) After this rebound from $42 and holding above 45K there for about 3 weeks, Weekly frame showing a chance for Bullish C&H and Tweezers Bottom pattern we talked about C&H before 25 Oct! the first step for both patterns is breakout 55/60K weekly then following by closing above 65K weekly again! if this happens, The potential targets ATH will be around $80/100K Ps: (We excluded AB=CD pattern, because of this bounce from 67K)
Bearish scenario,(Dark side) The same time frame"weekly" shows a chance for the Shark pattern and new H&S pattern the shark pattern we talked about it before! but the H&S pattern is new forming and most Alts showing the same pattern VS USDT like ADA/DOT etc! about the H&S pattern, current movement forms the right shoulder and shows $55/56 as resistance for it so if bulls failed to pass this step and breakout, believe us this will be bad. Now the Shark pattern, it's active, and to invalidate this pattern, bulls need to recover 65K again with weekly closing above it.!
Now let us know in your opinion which scenario will Bitcoin follow?
If you wondering what is Our personal opinion is, 👨💻 We still bearish as long as BTC is below 65K weekly this is (Biased view, Subject to fail) and during that we traded the movement and opened long positions from 46XXX/48XXX.
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 is 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 use 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 is 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 is 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.
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
#BTCUSDT Short-term update!
🕵️♂️Current movement: Bulls approaching resistance at 53K /55K, as we mentioned in the last update it's the top of the Right shoulder for an H&S pattern! and most alts form the same pattern, so if bulls breakout, this will be a good step if the not whole market will get rejected again so we recommend you again to check your risk management plan!
👨💻Our personal opinion,(Biased view, Subject to fail) we still take the bearish side as long as btc below 65K weekly and about the current movement we looking for rejection from 53/55K to below 50K again!
🎬Current action: be sure you secured your profits and move SL to entry for signals we shared with you.
Ps: we don't short BTC!
Our view might be wrong or right, so be sure to do your own research. Please read user guide 📖 , before you follow us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
🙏we ask Allah reconcile and repay🙏
Note
#BTCUSDT short-term update! in previous updates, we mentioned 53/55k as resistance for btc and we said we looking for rejection from it below 50K again, as you see BTC stopped at 52K(we posted an alert about this weakness as well) followed by -10% and dumped to 46Xk! (remember personal opinion,(Biased view, Subject to fail) so we just study movement and set terms with expectation and these expectations do not mean it will happen every time ( we don't have any crystal balls or any kind of this stuff read the user guide and main analysis on TV to know more about us)
🕵️♂️Current movement: About current movement it makes the bulls lose confidence, especially with the approaching monthly closing and if bears push prices down more to close below 43K which means BTC breakdown Oct candle low, on Daily frame you can notice a bearish cross between MA100/50 and this first time to see this bearish cross since May 2021, on weekly BTC, still hold above MA 50, bulls tested it two time before and this the third time on this year ( we expect breakdown this time)!
If we let the bearish view completely obsess us, we will find a lot of signs in favor of the bears, but as you know we should explain both sides! So let us talk about the Bullish side, Bulls need to push BTC again above 55K followed by closing above 65K weekly in this case, new ATH will be confirmed but if they failed like last time, this means one thing dump!
Ps: Since Oct/Nov we keep telling you to prepare and set plan B, without care which side you're taking, but you always have to be prepared.
Support/resistance levels
Major resistance levels 50/55K reclaiming weekly will be a good step from bulls 65K weekly close = new ATH around 75K/83/95K
Major support levels 45K Close below monthly will support bears (scalping area) 40/35K breakdown means 330/29K again (scalping area) 29K major support and will be a good trading area if Bulls hold there.
👨💻Our personal opinion,(Biased view, Subject to fail) nothing new, we still take the bearish side as long as btc below 65K weekly, and about the current movement probably BTC will range between $45/50 before the breakdown in Q1 of 2022 to 40/32K!
🎬Current action: we see the best action is to stay in the shadow and watch the market if you don't short BTC like us and always trade from major support levels!
Ps: we don't short BTC!
Our view might be wrong or right, so be sure to do your own research.
Please read this user guide 📖 , before you follow us: 👇 bit.ly/3gbsILg
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
27 Oct AB=CD pattern, is still valid until now!
Our view might be wrong or right, so be sure to do your own research. 🙏we ask Allah reconcile and repay🙏
Note
#BTCUSDT short-term update! In the last update we posted on 29 Dec!, we talked about the short-term movement for BTC and the bullish&bearish sign we see on the chart, and we said we still take the bearish side as long as btc below 65K weekly, and about the current movement probably BTC will range between $45/50 before the breakdown in Q1 of 2022 to 40/32K!
🕵️♂️Current movement: Shows BTC downward by -6.5% after bears cracked support line at 45k after holding above it for last 6 days. right now BTC is near 40K once again after the last dump in Dec, if bears break down this support with a daily close below 38K, this will mean BTC has confirmed full setup for the H&S pattern which we talked about it earlier! and this setup will help bears to target 32/28K as the next major support area. of course, this will be disappointing for some people, but if you read the previous key analyses that we published on TradingView, you should be prepared for current movement since last October!
To say bulls woke up, they need to reclaim 50/55K daily/weekly/ breakout to new ATH will confirm by a weekly close above 65K
Major resistance levels 45K turned from support line to be a resistance area 50/55K reclaiming weekly will be a good step from bulls 65K weekly close = new ATH around 75K/83/95K
Major support levels 40/38K breakdown means 333/29K again (scalping area) 29K major support and will be a good trading area if Bulls hold there.
🎬Current action: we will handle with 440/39K as a scalping area so we will set limits for a long position with Position Size 1% in the case if bulls hold without breakdown it, if not and BTC closed below 38K directly then the next trade zone will be at 32/28K and this will be a good short-term trade zone, we will take a long position with tiny investment from it as well.
👨💻Our personal opinion,(Biased view, Subject to fail) nothing new, we still take the bearish side as long as btc below 65K weekly, and about the current movement as we said before we looking for a breakdown in Q1 of 2022 to 40/32K!
Ps: we don't short BTC!
Our view might be wrong or right, so be sure to do your own research.
Please read this user guide 📖 , before you follow us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
If you traded BTC from $40/39K" based on the last update, BTC reached 40xxx and rebound to 42xxx
The next trading zone is around 332/29K, and it will be confirmed once BTC closed below 38k daily/weekly!
For more information about market movement, main support and resistance zone, and our view, etc, please check out the update above 👆
Ps: Our view might be wrong or right, so be sure to do your own research.
We ask Allah reconcile and repay
Note
#BTCUSDT short-term update! In the last update shared with you on 6 Jan, we defined 440/39K as a scalping area, BTC keep dumping to reach this area and got a rebound from it today!
🕵️♂️Current movement: right now, if bulls hold above 40k in the next 24/48H without daily/weekly close below 38K, this will give them a chance to retrace 45K if bulls breakout it next resistance will be 53K. At the same time, It will reduce the chance for a rebound from the lower trend of this trading channel we drew on the weekly frame at 32/28K. for us, the breakdown to 32/28k will be nice and give a good opportunity with low risk and good reward.
To say bulls woke up, they need to reclaim 50/55K daily/weekly/ breakout to new ATH will confirm by a weekly close above 65K
Major resistance levels 45K turned from support to be a resistance area 50/55K reclaiming weekly will be a good step from bulls 65K weekly close = new ATH around 75K/83/95K
Major support levels 40/38K (scalping area) but if bears breakdown it daily/weekly means 333/29K again 29K major support and will be a good trading area if Bulls hold there.
🎬Current action: we already opened scalping from 440/39K based on the last short-term update and set Sl below 39K. during that, we will watch market and bulls performance to decide if we will add more investment, or bears will break down to main support and our next short-term trade limits around 32/28K.
👨💻Our personal opinion,(Biased view, Subject to fail) nothing new, we still take the bearish side as long as btc below 65K weekly, and about the current movement as we said before we looking for a breakdown in Q1 of 2022 to 40/32K!
Ps: we don't short BTC!
Our view might be wrong or right, so be sure to do your own research.
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
Shared 11 Jan 2022 Scalping signal from 440/39K TP1 ✅ TP2, ✅ TP3 Still Hold
Stop-loss at entry
Be sure you follow risk management, 45K is the first resistance line for Bulls and if they fail to breakout it BTC will back again below 40K and $36/33/28 will be in range. But if bulls breakout 45K, then the next resistance will be around 52/55K and this will give the market and Alts time to take their breath!
👨💻Our personal opinion,(Biased view, Subject to fail) nothing new, we still take the bearish side as long as btc below 55k 65K weekly, and about the current movement as we said since 21 Nov when Btc at 60K "we looking for a breakdown in Q1 of 2022 to $40(breakdown happen already for it) next level is /32K/28K!" During that we trade with movement as we doing always.
Major resistance levels 45K. turned from support to be a resistance area 50/55K. reclaiming weekly will be a good step from bulls 65K. weekly close = new ATH around 75K/83/95K
Major support levels 40/38K (scalping area) but if bears breakdown it daily/weekly means 333/29K again 29K major support and will be a good trading area if Bulls hold there.
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates: 21 Jan 3 Feb 13 Feb
Ps: These dates not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Ps: we don't short BTC!
Our view might be wrong or right, so be sure to do your own research.
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
#BTCUSDT short-term related to previous updates!
for the last 4 days, bulls were trying to breakout 45/47K resistance zone! but they didn't and BTC stopped there. as we explained in the last updates if Bulls fail to breakout this resistance this will give bears a good chance to pull back BTC below 40k again.
🕵️♂️Current movement: Show bulls stopped below $45/47 resistance with a price action pattern called (inside bar) which supports bears to keep domination on the movement as you know breakdown of 40/38K daily will support bears to reach out 332/29K support area and our buy zone as well. But if bulls breakout 45K/47K, then the next resistance will be around 52/55K and this will give the market and Alts time to take their breath!
To say bulls woke up, they need to reclaim 50/55K daily/weekly/ breakout to new ATH will confirm by a weekly close above 65K
🎬Current action: we already opened scalping from 440/39K based on the last short-term update and set Sl at entry avg gained about +7.5%. during that, we will watch market and bulls performance to decide if we will add more investment, or bears will break down to main support and our next short-term trade limits around 32/28K.
👨💻Our personal opinion,(Biased view, Subject to fail) Nothing new, we still take the bearish side as long as btc below 55k 65K weekly, and about the current movement as we said since 21 Nov when Btc at 60K "we looking for a breakdown in Q1 of 2022 to $40(breakdown happen already for it) next level is /32K/28K!" During that we trade with movement as we doing always.
Major resistance levels 45K. turned from support to be a resistance area 50/55K. reclaiming weekly will be a good step from bulls 65K. weekly close = new ATH around 75K/83/95K
Major support levels 40/38K (scalping area) but if bears breakdown it daily/weekly means 332/29K again $32/28K major support and will be a good trading area if Bulls hold there.
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates: 21 Jan 3 Feb 13 Feb
Ps: These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Ps: We don't short BTC!
Our view might be wrong or right, so be sure to do your own research. Please read this user guide 📖 , before you follow us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
#BTCUSDT short-term related to previous updates! In last update we talked about more bearish signs for BTC at 47/45k, after that Btc got down to 41K to stopped there, during that we shared two new scalping Signals based on this stability, today 21 Jun Bears pushed BTC below 40k after 13 Days of holding above it, on this update let us discuss next scalping area and main support zone below 40k.
🕵️♂️Current movement: Current movement showing full domination for bears especially after breaking down 40k, of course closing daily / weekly below it is very important to confirm breakdown and next support area at 32/28k. And Between 40k/28k there will be scalping levels and we identify it at $37500/35500.
In current time bulls need more than holding they need to reclaim major resistance line like 50k and higher. To say bulls woke up, they need to reclaim 50/55K daily/weekly/ breakout to new ATH will confirm by a weekly close above 65k.
🎬Current action: Previous Signals we shared from 40k/39k and $41 is over in last panic candle, as we mentioned before our next short-term trade limits around 32/28k and for sure you can handle scalping levels if you can manage it. Be careful.
👨💻Our personal opinion,(Biased view, Subject to fail) Nothing new, we still take the bearish side as long as btc below 55k 65K weekly, and about the current movement as we said since 21 Nov when Btc at 60K we looking for a breakdown in Q1 of 2022 to $40(breakdown happen already for it) next level is /32K/28K!" During that we trade with movement as we doing always.
Major resistance levels 40/38k turned from support to be a resistance. 45K/47k. resistance area reclaiming it will be bulls sign 50/55K. reclaiming weekly will be a good step from bulls 65K. weekly close = new ATH around 75K/83/95K
Major Support levels 37/35k (scalping area) between 40k/28k $32/28K major support and will be a good trading area if Bulls hold there.
important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates: 21 Jan (Bears breakdown 40k after 13 Days of holding above it) about - 12% today no daily close yet.
Next dates 27 Jan 3 Feb 13 Feb
Ps: These dates do not tell you to buy or sell, but you can use it in your TA as a time factor for patterns, trends, etc.
Ps: We don't short BTC!
Our view might be right or wrong , so be sure to do your own research. Please read this user guide 📖 , before you follow us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
Note
1/24/2022 [In reply 🙏we ask Allah reconcile and repay🙏
The following support is clear to everyone so be careful the movement will not be without some tricks and long wicks or early bounces so be careful and set your plan. 🙏we ask Allah reconcile and repay🙏
1/24/2022 [In reply There is no problem to take first entry between $33300/32750 be careful and set your own plan.
Our view might be right or wrong , so be sure to do your own research. Please read this user guide 📖 , before you follow us: 👇
Good luck to all. 🙏we ask Allah reconcile and repay🙏
1/24/2022
#BTC got rebound from $33300 by +3% to follow these Targets
$34250 50% HOLD 50%
there will be an update for the current setup above 🙏we ask Allah reconcile and repay🙏
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