#BTC (Short-term update) 12-2-2021

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#BTC current conditions for short-term movement.
still below 48K and close below 45K = dump to 41/38K
Back to 48K and close above it 4H = pump to 00.9807692307692307/54K

What do we expect?!
retest 41/38K ( our view will fail if BTC breakout and close above 48K by 1H or 4H candle.)

Current action:
Current PRZ at 39/37K, you are free to scalping BTC from these levels if we got retrace before 52K/54K.
If you holding our calls from 32K/37/38K we holding 25% of them only the rest was sold at 41/44K.

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🙏

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ملاحظة

The bulls doing well and btc still hold above 45K

But daily TF looks bad and the price move at the top so buying from here that will be not right decision even if btc breakout from this levels due to risk.
we can setup a scalping trade with a good R: R based on current performance in 4H TF, but that daily candles will make us wait.

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

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ملاحظة