Bitcoin in strong decision phase

27 de mai. de 2020

Hello guys,

I made this update for us to have deep insight on what is going on with BTC price movement.

We have price holding on 200 EMA on 4hours timeframe which sound like bullish sign, but the idea of the symmetrical triangle should not be over look as price may take any form.

Detailed explanation on how I plan to trade this setup will follow shortly.

Before then kindly appreciate this work with your likes.

Thank you

27 de mai. de 2020

Trade ativo

I will like to hear what your breakout expectation is from this symmetrical setup. Drop your expectation.

27 de mai. de 2020

Trade ativo

First update will be on the possible immediate target for BTC, I can see everything is pointing towards a test on 96xx-97xx zone, let keep an eyes on those zone for now. It may take time but changes are high of getting there.

28 de mai. de 2020

Trade ativo

Yes, first trading plan is here guys, there is something looking to be potential ISHS if this play out, then we should long the RIGHT shoulder when it dropped.

28 de mai. de 2020

Trade ativo

ISHS idea did not happen as price manage to breakthrough the proposed neckline, still yet we have price testing out 61.8% fib level of the last drop which is a golden zone. Its a must for us to watch what happen here next.

If price go up from here to hit our immediate target at 96xx then it will be a good short zone or we can wait for price to go down from here to test 9k zone to long.

29 de mai. de 2020

Trade ativo

BTC hit 96xx as suggested, what next after this guys stay tune for next update, as I'm presently working on the possible next action from here, although the triangle still hold.

30 de mai. de 2020

Trade fechado manualmente

Kindly wait for next trading idea.