BTC short-term S&R levels! updated

Support $26430 - $26100 - $25850
Resistance $26850 - $27150 -$27400

we ask Allah reconcile and repay.

BTC short-term S&R levels! (10-6-2023)

Support $25540 - $25100 - $24740
Resistance $25700 - $26150 -$26750

we ask Allah reconcile and repay.

#BTC
#Short-term 📉
Bitcoin (BTC) has experienced a significant price drop of $1,000 ⬇️ in the past 12 hours. This has led to a market-wide downturn, with altcoins also being affected. This negative movement can be described as a "bloodbath" 🩸, and the overall market cap has decreased by around 6.6%. The decline may be attributed to Fear, Uncertainty, and Doubt (FUD) circulating in the market. 🤔

One possible scenario for BTC is a potential downward movement ⬇️ towards the range of $25,100 to $24,750 🔱. If this occurs, it could present a favorable opportunity for scalping 🤑, taking advantage of the significant price gap, with a potential target of around $26,400 🎯 before a potential final panic-driven decline 📉 to levels around $23,000 , $22,000 , or even $21,000.
💡 It's important to approach such scenarios with caution and implement effective risk management strategies to mitigate potential losses. Traders should closely monitor the market conditions and adapt their trading strategies accordingly.

#Mid to long-term 📈
Looking at the mid to long-term perspective, BTC is once again approaching the $25,000 level during the weekend. If BTC closes the week below $24,500 , it will achieve the first level we set in previous updates. This would signal a potential further decline 📉 towards the $23,500 to $22,500 range in the upcoming week. This aligns with our previous analysis 📊, which was biased to more retracement in the mid to long-term, with a focus on a move below the $25,000 level.

#Altcoin performance 📉
In the market, we have observed a different outcome than what we anticipated, particularly concerning altcoins. Despite BTC experiencing about 12 weeks of sideways movement 🔄, altcoins have not performed well. In fact, they have either broken down or are currently declining towards major support levels. 📉

https://www.tradingview.com/x/Ci3dTdQ3/

"Remaining patient and waiting for clear signals or confirmations helps reduce risks and increase the probability of successful trades."


Please read this user guide 📖 , before you follow us: 👇
https://bit.ly/3gbsILg
https://prnt.sc/XbrZNK9yHYMf

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

Stay calm, focus on the long term, and avoid making impulsive decisions based on fear and market fluctuations.

#BTCUSDT Risky Setup

Buy : 24772 - 25181 - 25770

Take - Profit Targets:

Target 1: 26119
Potential Profit: 3.56%

Target 2: 26568
Potential Profit: 5.34%

Target 3: 27467
Potential Profit: 8.91%



Stop-Loss: 24338
Risk/Reward: 3.50% / NA%
Potential ROI : NA%

Risk Percentage / Position size : 0.5%

Exchange : Binance, KuCoin, ByBit, Bitstamp, Coinbase

Duration: 1-3 Days
Confidence in Trade : Low

Note: Potential profit and ROI calculated from average entry.

we ask Allah reconcile and repay.

Binance, ByBit Spot, KuCoin
#BTC/USDT Entry 1 ✅
Average Entry Price: 25770 💵

The signal setup includes a buy range spanning from $25770 to $24770, which is approximately a 1K difference. Although Bitcoin has shown some signs of rebounding from $25450, it's important to remain cautious as there is still a possibility of FUN impacting the market. It is crucial to prioritize risk management and adhere to it consistently.

Here are some explanations about risk management that might be useful for you.
https://t.me/WildBitcoin/5535
https://t.me/WildBitcoin/5536

we ask Allah reconcile and repay.

Binance, ByBit Spot, KuCoin
#BTC/USDT Take-Profit target 1 ✅
Profit: 1.3543% 📈
Period: 22 Minutes ⏰

price back to entry range , still valid trade , make sure you are following risk management.

we ask Allah reconcile and repay.

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If you engage in scalping or re-trading, may the price of BTC rebound from your entry point to reach TP1.

we ask Allah reconcile and repay.

Using the same scalping setup and adhering to consistent risk management principles, the opportunity for a trade or re-trade is available for the third time.
https://www.tradingview.com/x/rPfnyTrZ/
we ask Allah reconcile and repay.

It appears that we won't be able to reach TP1 during the third attempt at trading this scalping strategy. Therefore, let's close the scalping position at entry 25750 and remain in the shadow for now. 🙏

we ask Allah reconcile and repay

Even with a lower accuracy rate of less than 40%, you can still achieve overall profitability by allowing your winning trades to compensate for the losses. 👇
The Power of Risk Management 💪

Remember to click the like button and feel free to leave your feedback below our ideas. Your input is highly appreciated ❤️


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

#BTC chart Status!
https://www.tradingview.com/x/QaYagq3I/

last update for BTC
https://t.me/WildBitcoin/5542

"Remaining patient and waiting for clear signals or confirmations helps reduce risks and increase the probability of successful trades."


Please read this user guide 📖 , before you follow us: 👇
https://bit.ly/3gbsILg
https://prnt.sc/XbrZNK9yHYMf

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

#BTC
This chart with short-term support and resistance levels.
https://www.tradingview.com/x/Va0xKpxk/

We still bias towards further retracement below the $25K level unless a significant development occurs. This perspective could change if BTC achieves a daily close above $28,500 or a weekly close above $30000K.
last main update for BTC!
https://t.me/WildBitcoin/5542

Make sure you closely monitor these key levels for potential shifts in market dynamics.

"Remaining patient and waiting for clear signals or confirmations helps reduce risks and increase the probability of successful trades."


Please read this user guide 📖 , before you follow us: 👇
https://bit.ly/3gbsILg
https://prnt.sc/XbrZNK9yHYMf

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

#BTC Approach first resistance line at $26100 (MA 100)
TP1 for third scalping we closed last night !

https://www.tradingview.com/x/cMxcYT2k/

🙏we ask Allah reconcile and repay🙏

U.S. CPI in 5 min

The monthly inflation rate of 0.1% is relatively low compared to the previous month, which may be seen as positive or bullish for the market. However, the year-over-year inflation rate of 4% is relatively high, which may be seen as negative or bearish for the market.

#BTC status , HIT sub resistance at 26431! with pullback!
https://www.tradingview.com/x/Fabn2lyw/
🙏we ask Allah reconcile and repay🙏