Is The End Of The Bull Market Approaching?!!
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For a short while, due to what is happening from the current market movements in general, some people may think that the bull market is forever, as well as the same thing with the bear market.
Let's find out why most new traders think that?
Whether the market is upward or downward, it's accompanied by many external influences that change the mentality and psychology of the trader, an example, in our present time in that bullish market, everyone is optimistic and this supported by more positive news, and this pushes people to buy more !! (FOMO)
But if we stopped here and asked where was the positive news during the bear market phase ?!
There has been no positive news during the past 3 years. There only bad news and it contributed to making many of the new traders who joined at the 2017 end phase like the present time, exit the market with heavy and irreversible losses.(FUD) Only a few of those clung to their bags and invested in them. So your psyche should not be affected too much by these factors, but rather you should pay attention to the movement and follow it.
In the current analysis, we will talk about a possible scenario, and why did we talk in the latest update about
54K levels without mentioning higher levels?
If we look technically, we will find that there is a clear opportunity to form an AB = CD, and the targets of this pattern end at the aforementioned price of54K, But we rarely do find Bitcoin respects such models, but what attracted my attention is that the same level was mentioned in other analyzes based on digital analysis, and In the event of the beginning of the decline from those levels, the matter will be very violent, and after that, a thousand reasons will appear to justify what happened.
But what if the rise continues and exceeds the mentioned levels ?!
In this case, the 3rd wave of the impulsive waves will be confirmed with the target of 68 thousand and 77 thousand and the thousand as the last target of the fifth wave
So what to do?
The thing that you should take care of is achieving the maximum possible benefit and at the same time without bypassing risk management and continuing to reap profits during those waves to overcome your greed and not fall into the trap of 2017 again, ask yourself How many people made huge profits in 2017, but because of fomo he didn`t book profits and he became a bag holder for 3 years, so beware of falling into the same trap again.
Remember,
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person.
for us, we extract both sides and we define the best buy /sell zone and trade based on that, and what we care about is what happens.
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.
Press "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️
Good luck to all.
we ask Allah reconcile and repay🙏
Let's find out why most new traders think that?
Whether the market is upward or downward, it's accompanied by many external influences that change the mentality and psychology of the trader, an example, in our present time in that bullish market, everyone is optimistic and this supported by more positive news, and this pushes people to buy more !! (FOMO)
But if we stopped here and asked where was the positive news during the bear market phase ?!
There has been no positive news during the past 3 years. There only bad news and it contributed to making many of the new traders who joined at the 2017 end phase like the present time, exit the market with heavy and irreversible losses.(FUD) Only a few of those clung to their bags and invested in them. So your psyche should not be affected too much by these factors, but rather you should pay attention to the movement and follow it.
In the current analysis, we will talk about a possible scenario, and why did we talk in the latest update about
54K levels without mentioning higher levels?If we look technically, we will find that there is a clear opportunity to form an AB = CD, and the targets of this pattern end at the aforementioned price of
54K, But we rarely do find Bitcoin respects such models, but what attracted my attention is that the same level was mentioned in other analyzes based on digital analysis, and In the event of the beginning of the decline from those levels, the matter will be very violent, and after that, a thousand reasons will appear to justify what happened.But what if the rise continues and exceeds the mentioned levels ?!
In this case, the 3rd wave of the impulsive waves will be confirmed with the target of 68 thousand and 77 thousand and the thousand as the last target of the fifth wave
So what to do?
The thing that you should take care of is achieving the maximum possible benefit and at the same time without bypassing risk management and continuing to reap profits during those waves to overcome your greed and not fall into the trap of 2017 again, ask yourself How many people made huge profits in 2017, but because of fomo he didn`t book profits and he became a bag holder for 3 years, so beware of falling into the same trap again.
Remember,
The person who is obsessed with bullish thought can extract 10000 scenarios for bullish movement and the same with a bearish person.
for us, we extract both sides and we define the best buy /sell zone and trade based on that, and what we care about is what happens.
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.
Press "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️
Good luck to all.
we ask Allah reconcile and repay🙏
Nota
Here short-term update posted on 12 Feb
Nota
#BTCUSDTHello everyone, after the last update, BTC breakout this triangle, with the bullish limit we painted in the chart to reach 56XXX with +10% Gains,
Currently, most people looking for 68/77/84K as the next targets for btc, and that's logical thinking due to this breakout, but here our advice, if you didn`t bought btc below 50K and this breakout make you fomo, We advise you to wait for the monthly close and it will happen 7 days from now.
What`s is our view for the next movement:
for sure this a good and nice breakout, but due to we are close from the monthly end we will wait for the monthly candle close as confirmation for the next bullish wave.
If BTC closed below 44K monthly this will indicate a start for retracement movement, if not and closed above 50K this will be nice for bulls.
we expect some reaction from this zone, so buying btc from a new top, is not a smart move for sure.
So be smart, be safe. and book part of your profits and secure your trades and check your risk management plan.
Update for last scalping signal, from
49Ksplit this amount you hold at 56K current level / and hold rest
move sl to entry.
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.
Press "like button" and leaving your "comments" below our ideas is a great and supports us provide more ideas.❤️
Good luck to all.
we ask Allah reconcile and repay🙏
Nota
Nota
👋 Be a trader, not a gambler, by following risk/capital management!!
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
🎉Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay ❤️🙏
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