#BTCUSD What A Monday!!

After the last short-term update we posted, The BTC price dumped as we expect to $55/52K and in the midday the market got panic and the price dumped to $47K we didn't mention this level i the last update, but although that, it was an expected movement from 54/58 K zone-based on last updates.

in the current time, most people looking for another bullish wave after this longed wick from $47K in this update, we will tell you the confirmation level to know is it a true or false rebound, with a mention for the most critical levels below $59K.

to say's BTC will go to $60K/68K/ maybe higher we need to see two confirmation signs,
first, daily/weekly close above $56K
second, monthly close at 53/55K

if bulls fail to do that, we will see starting for bearish a cycle in the market, which makes
$41K
$29K
$16K
$10K
as main critical /PRZ levels below $59K

During that, we do what we do always, and it's
“Trade What’s Happening… Not What You Think Is Gonna Happen.”

Current action:
watching, and waiting for any scalping chance with good R: R
based on our previous alerts, about market movement/ greed/risk management/booking part of your profits, etc, you should be fine with the last movement.
and we would like to remind you again, don`t fomo/ and follow risk management, kill your greed.
Be smart, Be safe.


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.

Ps:
We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only.
Also, The TA updates is 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.

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.

Press "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️

Good luck to all.
we ask Allah reconcile and repay🙏

Komentar:

Komentar:

#BTCUSDT
After the last update,i went offline totally and got busy with some stuff, now after 12 H get back to see BTC retest $51K, let us review what happened in this last 12H and what we looking for in the next move?!
in the last 12H prices rebounded about three times from $45K to $49K which means three scalping chances with +7% gains per trade,( that was very nice for sure for those who traded this moment)...

(Current movement,)
($51600/53900) works as current resistance, and we looking for a price pullback from any of these levels.

Ps:
We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only.
Also, The TA updates is 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.

Good luck to all.
we ask Allah reconcile and repay🙏

Komentar:

#BTCUSDT
The price dropped by -10% as we predicate from the resistance levels we mentioned in the last update.

Current movement:
$45K still active as support, so we will track price reaction there to confirm the next movement, if Bears fail to breakdown we will try to take scalping trade, but if they did and break this support as we expect, then $42/37K zone a scalping area you can manage scalping trade from it " if you are Pro trader only"
$31/29 is a good potential buy zone.

Good luck to All
we ask Allah reconcile and repay