Peace be upon all our followers and TradingView Community If you are following our BTC analyses this an update will be a more eloquent illustration of what you are aware of. If you are a new follower Read this. goo.gl/LERSvV At this analysis, we will talk about 4 points. Psychological preparation Thinking whales Manipulation of the chart Technical Analysis Do you have a plan?
=============== Psychological preparation Before doing anything or any step in our life We must be ready for it Psychologically and physically So is the case with the chart, the stock market and the speculators All that is going on in the form of movements accompanied by the psychological impact coming from the environment surrounding us, whether real news or rumours. Sometimes these effects disappear to give a true character to what is happening.
As now Nothing just buying and selling from speculators is no Big news coming as was going on a few weeks and months ago So We are in the final stage to accept the order psychologically and then start implementation Speculators are puzzled The situation and things are mysterious Whatever happens, everyone will accept it.
Before going into the details of the analysis I would like to remind you of what we mentioned earlier when BTC were at the top
"he analysis doesn`t pass on TA only, but the basis is psychoanalysis Most economists studied psychology, they know the instincts of traders and analysts.
At first, they were own a lot of the coins then make it grow
then make it grow more, They made her the focus of attention, all people hear about it, some of them was there before they start, and some joined at mid of the way, and some came too late.
Now a lot of people in panic and cry most of the people have hope and they praying few people were ready and have Ammo
Whales "bankers"
they came to steal your money, they earned their profits from the rise and now they are ready for earned a lot of profit from your panic.
They have made great news, a focus of attention and a distraction for people, and they make most of the people say $ 100 k And made many analysts confused about trend they play well and psychology makes them win every time.
They know Human instincts have greed, hope, and closed mind this makes him easy prey to hunting. " Continue reading from here... goo.gl/nP3wCM
I hope you know Why we mention that they came to steal us, Organization and all these things just names to justify what is happening.
================ Now we will talk about Thinking whales
If you are a whale, will you allow to small fish to participate in your food? of course not That's the nature of it Here Whales first Then the little ones come to eat leftover food "profit" Then the people who fell victim to greed come to suffer Whales are in own hands, move the things we talked about previously They have influence in the media They spend millions to prepare the market for what they want to happen Sometimes things get in the way of their own interests or for the benefit of the young, but at the end The whale eats first is the one who prepared everything how it will allow you to share it That leads us to the important point Manipulation of the Chart Set the traps Puzzling As now the majority of the market looks destined to levels below $ 5,000 and less Most of the people have short positions Many talks about the current movement as just another trap Yes, that's their right Last month, a lot of things happened to make us very cautious in buying or taking long-term positions but as we already explain whales is first then us When we are sure something is often the opposite happens That is their job
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Now the analysis time As the last update we say Close monthly under $9250/9450 wait for $4450 and lower and now BTC give us real Bounce we already have Oversold at daily weekly Frame Bounce from the upward trend Bounce From 50 SMA i know many bullish people know these things or better than it. But The real thing we move under downtrend and as you know indicators not mean thing to us But If you ask this rebounded real or fake there is your answer yes this real one we already expected that, but There was no time to publish why real?! we are very close to new monthly cycle But we need more than that things also we need $7600/8300 at th end of this week then we can start talking about $9400/10700 mid of the month Then $11600/13100 next 5 May every step confirm next step and make people sure about buy and bullish market so are you have a plan? we already have one by using 25 % of capital to play with alts scalping etc and every bullish movement will add more if we get the down leg we already have 75 % as free fiat if you ask me about my vote Bullish Or bearish we will say, let`s see what the chart say. then from movement, we get the confirm for now 48% bullish /53% bearish another edge to market alts already at the bottom btc also suffer the market cap It dropped alarmingly people start to lose hope so another leg many will runaway of the market and sound be like more scam no more If you like this Your prayer is appreciated Your feedback and Share with your friends We ask Allah reconcile and repay
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previous analyses IS BTC Start calm?!
BTC Open Gates
BTC above first buy point The first Gate
BTC And holding the breath
BTC Set Your Buy Limits
We ask Allah reconcile and repay
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follow updated at this main analysis We ask Allah reconcile and repay
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Weekly Close was at $7025 we like $7200 more but this good close we still have open trade from $6800 with an achieved target and we still use 25 % only at market and keep 75% at fiat if you take a fast look you will see 2 scenarios at the chart Bullish and Berish One we will start with Bullish one BTC weekly Close is good Oversold at almost oscillators Possible double bottom duple bottom bounce at 0.88 fibo wave count from $5920 To $11720 big players entered The market as fud to justify the movement Bounce from 50 SMA weekly and left "Indecisive Candles" S1 at pivot what about bearish but short all of this we still movement under downtrend so btc and bulls to confirm all these signs we need to see $ 7200 and looks done $ 7600 /8600 and wait for neckline at $9450 at end of the week, $8600/$9450 will be fair Fail to do this look at bearish scenario at this snap shoot follow capital management and updates read this if you didn`t check before about Indecisive Candles
Indecisive candles are candles that have large wicks and small bodies. As the price moved up the buyers were in control, but they could not maintain control of the price action, and the sellers were able to push the price down. As the price fell the sellers couldn’t maintain control either and the buyers were able to push the price back up. Source: refundfx.com we ask Allah reconcile and repay