Cancel this Signal 🙏

redraw trendline for Pennant pattern
https://www.tradingview.com/x/hJIkTRfE/

how to trade it
https://www.babypips.com/learn/forex/pennants

we ask Allah reconcile and repay.

Re active this signal
#BTCUSDT Risky Signal market Market volatility is high be sure you follow risk management guys !!

Buy : 16970 - 16461

Target 1: 17225
Target 2: 17479
Target 3: 17734
Target 4: HOLD

Stoploss: 16214

Invest / Position Size : 5%

Exchange : Binance

Risk/Reward: 3.00% / 4.50%

we ask Allah reconcile and repay.

#BTCUSDT entry from 16970

TP1/TP2/TP3 ✅ Achieved
Move Sl to entry

We ask Allah reconcile and repay

#BTC looks $17850/18500 is a possible reversal zone for btc to $16950 once again !!
Be sure you follow risk management and wait for a price reaction from it !!

https://www.tradingview.com/x/nSK9YDdv/

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

Closing daily at $17450 or near will support that drop more

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

#BTC Short-term Update


For now, we looking for a dump move to 16850!! (our view will fail if BTC closed above 18500 daily)

from this zone, $16800 there two possibility
Hold above it to continue the bullish movement
or breakdown for more retracement,
and in this case, the next reversal zone will be $14250/13500, and based on price reaction we will buy from it or not!!

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

sorry for reshare twice the post was need for some arrangement ❤️

Here is the education post behind the last update!!

Why you set $17850/18500 as a reversal zone!!
Harmonic TA
there was a shark pattern and it's going well with this rebound from $16200, for now, the movement shows a chance for a 5-0 pattern and the ratio looks cool, also 17850/18500 located between 0.5/0.618 for the last wave from 195XX and the D point of 5-0 pattern

Clasic TA
show channel on 1h TF and shows price weakness there
https://www.tradingview.com/x/csOHxY9n/

Price Gaps
there a gap on CME due to price closed at 16950


Why $16800 can be a reversal zone?
due that target for 5-0 pattern at same time price will fill this gap so there chance for rebound!!

Why you didn`t set it as a buy zone?
the panic from $19500 and this drop can lead to more panic so I`m not sure if it will work well or not but for Allah willing, we will track movement, and based on the price reaction we will decide to buy or wait!!

Why a breakdown of $16800 can lead to $14150/13500?! not lower!!
for me breakdown of $16800 actually 16000 daily will give chance for AB=CD and the pattern ends at $14150/13500 so that the close range for now but not the end!!

What you will do now?
i will follow that channel at 1H TF and track price reaction there

What the benefit of mention all of that?
to make you ready and set your plan!!

What is the predicting?! and what the benefit of it?!
i recommend you to read this
https://t.me/WildBitcoin/3128


Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

i know there many ways to indicate that movement, but that the way I followed for now!! if you like to share your thoughts about this movement you are free to do in the comment section below that post,
we ask Allah reconcile and repay

This scenario still active as long as btc didn't close above $18500 daily please read terms of updates well

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

💡Quote of the Day💡

“People hate to think about bad things happening so they always underestimate their likelihood.”

— Jamie Shipley, The Big Short ✍️

#BTC
good performance for btc and continuous movement from 17500 to 18650 in the current time !!
in the last update, we said 17850/18500 is a possible reversal zone for btc to $16950 once again !!! and we still looking for that as long as no close above 18500/18750 daily

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

#BTCUSDTSignal from 16970 still Active TP4 still hold without change yet
Sl at entry

We ask Allah reconcile and repay

TP4 Book Half at 19150
Move Sl to 17500
We ask Allah reconcile and repay

$BTC hit a new ATH on Bitstamp & Kraken 🚀

On other exchanges $BTC is yet to hit new All Time High

Binance - 19798
Bittrex - 19850
Bitfinex - 19891
Coinbase - 19892
Gemini - 19999
BitMEX - 20093

Close the remaining Half of TP4 for this signal from $16970 at $19600 (Signal over)
Signal profit +15% not ROI!!
We ask Allah reconcile and repay

During we were waiting for 16850 BTC reached 19750 !! but don`t worry there our signal from 16970 closed gained about 15% at $19600

Now
https://www.tradingview.com/x/oyMR0hYm/

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

although BTC didn't close daily yet above 18500/18750 but this TA updated failed by 100% due to BTC grow by $1250 and reached $19750 !!
as we mention signals achieved targets we should mention which update going well and which one failed, although TA updates not a buy or sell signal, as we explain always !!

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay

#BTC -10% Dump from $19900 after fomo most traders to buy it !!
during we close our signal at $19600!!

Current movement:
show a pullback buy 3% from 18100 to $18650 1 H TF but no buy from here, we still waiting

Ps:
most eyes at the CME gap now at 16950 so there a chance for a trick move from it so we will not post any buy signal before be sure there real reversal sign!!

https://www.tradingview.com/x/zEu9Ajj1/

Ps:
We don't short btc or using leverage or trading BLV tokens!!
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. our signals for spot trading only.

we ask Allah reconcile and repay