BTC got negative weekly close, for more information about current movement read update above.

Your comments are welcome on TradingView

We ask Allah reconcile and repay

Last week we traded this movement from $37/38K to 45K, followed by an update that talks about a possible reversal from 45K to 42/41K, then Bitcoin sank to these levels. during that, we shared some harmonic patterns when we noticed that it was common at a critical time for the movement, but it was also not without mentioning the important levels and our expectations.
after that, we continued to provide you with information on the movement at the 39K level but this update did not continue with any expectations for the short-term movement about if the bulls will hold or break below $38K.

In the meantime, we have noticed a weak performance on the weekly time frame, which brings us back to the monthly update we published on February 26th talking about (Inside Bar False Break down with pin bar ).

Now let's give you a weekly update for the current move, and tell you what is our action, and what we expect to happen.
The key thing to know (we don't short btc Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.)

#BTCUSDT Short-mid Term update!

🕵️‍♂️Current movement:
if we start with weekly Tf we will notice clearly a long wick from $45K which makes this rally last week as if it never happened. bulls fail to hold and this bounce of 45K is below distrust from most bulls or hope in close breakout! Yes, the situation is very volatile and things can be reversed at any time, but we are talking about what is on the chart in that paragraph.
https://www.tradingview.com/x/RIkhKulW
https://www.tradingview.com/x/3S36gIpq/

So from the current move on weekly, we can recognize $45/47K as the current psychological resistance level for BTC, and if bulls restored it with a weekly close above, followed by more strength from them will give more confidence in the bullish trend.

and as long BTC moves below it bears still dominate the movement and global situation help them and if they succeed to pull down prices to dip below $34K again we think $28K will be in range without a barrier, we may see prices fall below it easily.

" I see you little bear smiling as you read that but believe me even if we take your side the green side is always the most profitable for most people here"

On the Daily TF,
https://www.tradingview.com/x/0VA78401/
The current movement brings us back to the same movement that occurred between December 7th to December 27th. The double top pattern was not perfect, but then there was a decrease of about 27%, now The same pattern is being repeated now, and the edge of the collapse is at the level of $34/32K once bears break down it we might see this long red candle so stay alert and trade cautiously.


Now let us explore the most important levels for the current movement.
Major resistance levels 📈
$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 📉
$41/38k first support line breakdown daily = more dump.
$32/$28K major support and will be a good trading area if Bulls hold there.
below $28K there $22/$19K as next support, we won't mention more support zones because there a people who are panic when they see these numbers.

👨‍💻Our personal opinion,(Biased view, Subject to fail)
Although we continue to say that we are still taking the bearish side as long as the bulls did not regain the 50/55K levels with a weekly close. but during that, we made some trades, including which achieved the targets or got a nice pump and also there which headed to the stop loss. But our vision and opinion remain the same until something else happens.

About the current move, we looking for a breakdown to $34K followed by a hard dump maybe happen this week or next week or not happen ever and BTC stop here with sideways movement continuing between $33/45K. But as a personal opinion, in one word we looking for "dump" and prices rekt below 34/30K.

🎬Current action:
We will stay in the shadow, holding FIAT as we don't short-btc. since 21 Nov we telling that you can take a look at the whole update from here. Yeah You can't get out completely unscathed, but having a plan, a goal, and risk is better than nothing

important dates for BTC !! 👀 let us watch the Bulls&Bears performance on these dates:
21 Feb BTC got dump by -13% after this day!
3 Mar BTC got -10% until now!
More results are mentioned in the updates above.

Next dates
17 Mar (FOMC Day)
21 Mar
27 Mar

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.

Please read this user guide 📖 , before you follow us: 👇
https://bit.ly/3gbsILg

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

Some are asking about the similarity between last week’s candle and the candle of May 24, 2021, Yes both are very similar with different levels and the same pattern may occur as fractals.
https://www.tradingview.com/x/1TziEuUm/
But as we said, we'll just be outside watching the market if we got a chance for trade we will try to share it.

What we say and do may not be consistent with your vision. There is nothing wrong with that. In the end, we may be wrong and you are right. All we mention here is our personal view of things, and this does not mean that it is supposed to happen, it's just reading of the data, as you can also do that.

🙏we ask Allah reconcile and repay🙏

Metals 📈

we make this analysis since two years ago for gold and we forgot it totally, when we check out chart right now we found it there. 😳 ( mind error)
🙏we ask Allah reconcile and repay🙏

and this current movement
https://www.tradingview.com/x/9XnslcVp/

$2000/2100 is powerful resistance, breakout it weekly will give gold push to $2300/$2450 https://www.tradingview.com/x/kbQVoNpH/
🙏we ask Allah reconcile and repay🙏

Possible scenario if bulls heading to fill this gap at 39200 before breakdown!
https://www.tradingview.com/x/DEuTBb1M/

if you want trade it this will be scalping setup be sure to follow risk management we don't trust in movement so we will avoid trading it.

#BTCUSDT Risky Scalping

Buy : 36195 - 37148 - 38100

Target 1: 39053
Target 2: 40005


Stoploss: 35290
Risk/Reward: 5.00% / 10.00%
ROI : 5%

Invest / Position Size : 0.5%

Exchange : Binance , KuCoin, FTX, Bitstamp, Coinbase

Duration: 1-3 Days
Confidence in Trade : low

we ask Allah reconcile and repay.

#BTCUSD filled GAP at $39200 then bounce again to same support at $38/37K
https://www.tradingview.com/x/yb9EDOOb/

if you traded last setup TP1 should be achieved ( we didn't trade it as we mentioned above)


right now we tracking movement as we explain in the weekly update BTC shows double top n daily TF and the edge of the collapse is at the level of $34/32K once bears break down it, we might see this long red candle so stay alert and trade cautiously.

during that, if BTC give us a good trading chance we will share with you


for more info about the whole movement our view etc take a look at this update!
https://t.me/WildBitcoin/4730



Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.

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

#ZECUSDT ignore BTC movement totally, and got a nice rebound although movement for both on the chart is symmetric!

eyes on BTC and the setup above is still valid if you want to trade this current stability above 37K!

BTC shows Double top n daily TF and the edge of the collapse is at the level of $34/32K once bears break down it, we might see this long red candle so stay alert and trade cautiously.

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

Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.

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

We might see another wick to 40/41K, but without reclaiming $41K daily this movement do not mean anything.

if this move happen will fomo market.

Panic level for this daily candle below 37K
Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.

if you traded this setup you are free to take TP2 around 40500/41500
or split it and sell half & hold half
we ask Allah reconcile and repay.

#BTC followed ZEC and got a nice pump from $38500 in the previous short-term update we talked about the chance for another wick to 40/41K, and said without reclaiming $41K daily this movement does not mean anything, also confirmed a potential double top pattern on daily with mention the edge of the collapse is at the level of $34/32K which make once bears break down it, we might see this long red candle so stay alert and trade cautiously.

https://www.tradingview.com/x/1v025ANX/

Current movement:
shows Bulls did a good step by making BTC get a daily close above $41K, this move will help them to push prices to 43/45K easily if they looking for that, but the movement is still the same as like previous which put the main confirm for a short-term breakout by a weekly close above 47K and this not happen yet.

if the bulls fail to do breakout this time we will see btc dip again but this time with a hard breakdown!


About trading, we already gave trading setup previously at $38100/36200, and looks it achieved good profit although it was a tiny investment ( we did not trade it but we joined around 39K)

We will not take more positions until BTC gets a breakout and confirm it.

Our personal view is still the same and view for this short-term movement as mentioned in the snapshot we looking for a sell-off again around the same support line.

Ps:
We don't short btc
Our view might be right or wrong, so be sure to do your own research. Following any signal or any update we share is your decision and at your own risk.


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

#BTCUSDT Risky Trade!

Buy : 38808 - 39829 - 40850

Target 1: 41871
Target 2: 42893
Target 3: 44935
Target 4: HOLD

Stoploss: 37837
Risk/Reward: 5.00% / 22.00%
ROI : 10.00%

Risk Percentage / Position size : 0.5%

Exchange : Binance , KuCoin, FTX, Bitstamp, Coinbase

Duration: 1-7 Days
Confidence in Trade : Low

we ask Allah reconcile and repay.

All entry Achieved Entry AVG 39829

Be sure you are following risk management, Due if BTC got Daily close below 37K this will spread panic
we ask Allah reconcile and repay.

Binance
#ZEN/USDT Take-Profit target 1 ✅
Profit: 4.7762% 📈
Period: 44 Minutes ⏰

KuCoin, Binance
#ZEC/USDT Take-Profit target 2 ✅
Profit: 20.0085% 📈
Period: 10 Days 0 Hours 35 Minutes ⏰