$BTC #BTC Latest Update ( 1DAY ) by CryptoHeroTA$BTC Latest Update 🚨 ( ZOOM - OUT ) 1 DAY
BITSTAMP:BTCUSD
As we mentioned Before when $BTC was at 7000$ that will Go around 9200$ for sure
& We touched Nearly around 9200$ & bears havely dumped it for around 8550$ ( formed Rising Wedge Pattern in 4 hrs )
If not be able to holds above 8600$ than we expected to comer down around 8000$ - 8200$ in any cost for sure before making a huge pump
let’s see & concentrate on our Short & Don't forget to Join us on TG - @CryptoHeroTA ( Search in the search bar on TG)
Regards
CryptoHeroTA ( Admin Stivee)
Xbtusdlong
XBT/USD Short term viewBitcoin has been showing strong uptrend and has bounced strongly from the demand zone of $3100 level.
Bullish Case:
If it manages to break the $4100-4200 level in the coming days then it will continue its bullish trend till next resistance $4700+ level.
Bearish Case:
If it doesn't break the $4100-4200 level then we might price see price dipping to <$3500 level.
It can also range between $3200-$4200 level before making significant move up or down.
With Bakkt launching BTC contracts on 24th Jan'19, we might see a price jump but not necessarily.
Time for short term BTC / XBT (Bitcoin) reversal to 200 MA(4hr)We already have trended down significantly for a couple of days now.
Price getting reverted to 200 MA on '4hr' time frame is likely before going down again to test 200 'weekly' MA.
Long entry on Bitmex (XBTUSD) : 3270-3380
Target 1 : 3700-3800
Target 2 :4100-4200
Target 3 optional : 200 MA on 4 hr timeframe
Bitcoin Stop Loss Hunt... Or Bearish Downturn?Good afternoon traders!
This is why you don’t long into resistance or short FA bullish.
For the last 3 days I have insisted we stay flat and I’m extremely glad to say this is the only bitmex group root :tm: Bitmex Gains that has not been impatient to get into any plays that are clearly not there. And still if you didn;t join the group message me and i will help you out over the Telegram @SID_CySec
I have been uploading daily analysis and market breakdowns for what the current market sentiment in premium while staying flat.
If you are in a bitmex group that has been calling plays the last 3 days, I recommend you see yourself out of that group.
They do not care about risk management and your capital.