HamadaMark

#BTC Short-term update 20-1-2021

BINANCE:BTCUSDC   Bitcoin / USD Coin
#BTC Bulls fails to breakout the blue trend line and BTC price dumped by -10% to $35K again. in the last update, we explained the effect of this trend line!!

The current movement for BTC above critical support at $33K
if bulls holding and price rebound again to $37K, in this case, will see BTC breakout probably.
if the Bulls fail to do that and the bears breakdown this support zone we will see $30K as the next level for bears!!

in time like that, you have two option to do:
1-Open long position from support area with tiny stop - loss.
2-Wait for confirmation and trade with market direction.

Nevertheless, we have already published this notice since 3 days ago,
we want you to be sure you follow that, if you are involved with any trades, be sure you follow risk management, book some profits, move sl to break-even or entry!!
BTC Pumped, ETH Pumped, and alts in good condition since 3 Jan
So once BTC breakdown and personally i looking for that( i can be wrong), even if the chart looks good!! everything will be bleeding
So, the main rule to be safe in the market and help you to survivor is risk management, so be sure you follow it, doesn't matter bullish or bearish.

The current bullish targets above $33K located at
$36K
$40K
$46K
$51K

Bearish targets below $33K located at
$30K
$26K
$23K
$21K


Ps:
We don't short btc or using leverage or trading BLV tokens!! our signals for spot trading only.
Also, The TA updates is an explanation for market movement(not mean buy or sell) We will tell you to buy or not through a clear signal with clear targets and stop-loss risk management, etc, not anything else.

This is not financial advice, The purpose of these Charts to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. Also, the information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism.

Hitting "like button" and leaving your "comments" below our ideas is great and supports us provide more ideas❤️

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


👋 Be a trader, not a gambler, by following risk/capital management!!

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We ask Allah reconcile and repay ❤️🙏
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