BTC Recovery In Progress!!!!

١٨ أغسطس ٢٠١٨

Hello guys,

BTC recorded great achievement yesterday with closing with full candle and above the previous high.

Yesterday we spotted CUP and Handle formation and again with how BTC closed yesterday we has another pattern in view which is INVERSE HEAD and SHOULDER.


We may see some retracement down before major move will start again.


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١٨ أغسطس ٢٠١٨

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١٨ أغسطس ٢٠١٨

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Price has been very stable inside the rectangular channel and this channel has a bullish structure which can break up at any time.

١٩ أغسطس ٢٠١٨

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١٩ أغسطس ٢٠١٨

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BTC potential breakout is approaching, In 1hr timeframe price is trading in a closed triangle pattern.

١٩ أغسطس ٢٠١٨

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hi guys

The triangle manage to breakup, all eyes on the next resistsnace ahead at 6435$ area.

١٩ أغسطس ٢٠١٨

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Immediate resistance cleared next is 6600 again

٢٠ أغسطس ٢٠١٨

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Hi guys,

I hope we are all good so far, BTC has been struggle to keep above the major support and rise one more time at least to re-test 7k zone.

Long term still maintain the recovery process.

On smaller timeframe potential flag and pole which is bullish in nature is forming.

Just as I always say, expect breakout in any of the direction, but TA favour breakup more than the breaking down since its BULLISH flag and pole.

Potential level to watch for Bounce are
6450,
6435
6405
6385



I appreciate you guys for taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. Your likes is what keep us going.

Thank you for your support.

٢٠ أغسطس ٢٠١٨

تم فتح الصفقة

I appreciate you guys for taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. Your likes is what keep us going.

Thank you for your support.

٢١ أغسطس ٢٠١٨

تم فتح الصفقة

Pole and Flag pattern failed.

We have immediate resistance at 6375$ if price manage to pass through it we will return back into previous ascending triangle.

But if 6375 strong to become resistance we may see price back down to re-test 61XX

٢١ أغسطس ٢٠١٨

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#BTC

I appreciate you guys for taking the time to read my posts and Please leave a LIKE and FOLLOW us for more updates. Your likes is what keep us going.

Thank you for your support.

٢٢ أغسطس ٢٠١٨

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Finally 6600$ was broken

٢٢ أغسطس ٢٠١٨

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٢٢ أغسطس ٢٠١٨

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Price aiming at Re-test of the previous resistance level that has turned to support.

٢٢ أغسطس ٢٠١٨

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٢٣ أغسطس ٢٠١٨

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The formation of CUP still in progress.

٢٣ أغسطس ٢٠١٨

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Strong Level to watch for as suppor are shown with blue horizontal lines

٢٤ أغسطس ٢٠١٨

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٢٤ أغسطس ٢٠١٨

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Cup formation still in progress.

٢٤ أغسطس ٢٠١٨

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Formation is doing great, we break 6590 Resistance

٢٦ أغسطس ٢٠١٨

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Cup formation in progress, its moving gradually.

٢٧ أغسطس ٢٠١٨

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٢٨ أغسطس ٢٠١٨

أغلقت الصفقة: تم الوصول للهدف

First target achieved 6809$



Please like this analysis guys

٢٨ أغسطس ٢٠١٨

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Price almost hit target for Inverse Head and Shoulder guys. Please like this our analysis. its been a long journey.

٢٩ أغسطس ٢٠١٨

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Potential IHS in formation with target pointing at 8000$-8800$

١ سبتمبر ٢٠١٨

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١٢ سبتمبر ٢٠١٨

أغلقت الصفقة: تم الوصول للهدف

Price kissed 7432$, second target achieved