Guys don't fomo ! stay right there and think !
Updated
Ok guys dont FOMO ! wait an hour at least.
As you saw in my last idea I said that we have an uptrend in our way.
Check it and you will find out what im talking about.
Ok now we saw a touch and a pump to 9200, as I expected btc rejected, but the good thing here is we broke the triangle and also we had a touch on 9200.
So there is some ideas here about this situation.
1: btc will break 9200 resistance and next target will be 9700
2: after rejection, it will go down to 8700
3: it will create another channel 9k ~ 9500 (I told that before while we were in 9400, this price will be our resistance soon) it was about a week ago
4: we will go down to 8500 because of rejection on 9200 and indicators
In my view idea 1 and 3 are possible, because we have support of ma's and also convergence of rsi and macd
Between these two I really like 1 ... but im not the one who is the manager of bitcoin you know :D
So I recommend you to watch market and do not fomo and also do not enter a trade until you see a confirmation above 9200 or below 9k
If you liked it, please hit the like button, share and write your comments, thanks for reading.
Take care, trade safe
As you saw in my last idea I said that we have an uptrend in our way.
Check it and you will find out what im talking about.
Ok now we saw a touch and a pump to 9200, as I expected btc rejected, but the good thing here is we broke the triangle and also we had a touch on 9200.
So there is some ideas here about this situation.
1: btc will break 9200 resistance and next target will be 9700
2: after rejection, it will go down to 8700
3: it will create another channel 9k ~ 9500 (I told that before while we were in 9400, this price will be our resistance soon) it was about a week ago
4: we will go down to 8500 because of rejection on 9200 and indicators
In my view idea 1 and 3 are possible, because we have support of ma's and also convergence of rsi and macd
Between these two I really like 1 ... but im not the one who is the manager of bitcoin you know :D
So I recommend you to watch market and do not fomo and also do not enter a trade until you see a confirmation above 9200 or below 9k
If you liked it, please hit the like button, share and write your comments, thanks for reading.
Take care, trade safe
Trade active
I entered as longMy target is 9600
Btc confirmed uptrend by creating a candle above 9150, we will have a fight in 9350 and after breaking it(I hope in breaking side) we will 9600 ~ 9900.
After reaching one of these targets ( it depends to the targets ...) we will see a correction
9600 => 9300
9900 => 9500
Take care, trade safe.
Good luck.
Note
Well as you can see ma 200 is dynamic support, a cross over happened between ma 50 and 120 and cross over between 50 and 200 is on our way.You can see rsi has a support line now and its almost in the half (50) macd histogram shows a range, volume decreased and shows that we have a big trend in our way (WHICH WAY??), btc made a new channel which is up trend.
So in my idea, we are going to see another up trend because of these:
1: rsi is above the half with support line
2: macd is above the axis line
3: ascending channel
4: support and cross over of ma's
5: volume decreased and looking for a good moment.
For whom who is not enter a trade yet, I recommend you to enter your trade as long in 9140 to 9400, 9600
If you see a candle below the bottom line, it will go down ...
Take care trade safe.
Note
We should see a support on 9100, 9kBelow 9k means a chance for short.
There is some ideas (fractal) for going down and see a big downtrend, Im agree with them, but they are in 4h chart and it takes a few days to see a big downtrend.
In my idea we are going to touch 10k, and we will go down again ...
Note
The chart Im talking about Trade closed manually
Well I got my profit, I dunno wanna lose it and that was enough :)Market is here.
Take care, trade safe and good luck guys
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