#IranIsraelConflict #Iran launched Ballistic Missiles targeting #USMilitary bases in Qatar, Iraq & KSA Bahrain & UAE have closed their airspace while Kuwait is on alert. THINGS ARE GETTING CRAZY IN THE GULF WATCH OUT FOR MARKET REACTION
$BTC bearish divergence on Vol & MACD too much volatility in quick succession highly risky market to enter . . . let's see how this risk goes for #SHORT
#BEARISH📉 bias with almost OVERSOLD RSI & MACD Resistance @ 101.4k | Support @ 101.1k ⬆️Trade Plan 1 (this 15m close above 101.3k), a high risk/reward LONG SCALP to 101.4k TP 🔽 Trade Plan 2 (this 15m close below 101.2k), SHORT to 101k TP 🟢Trade Plan 3 (safe play), wait for breakout above 104k & go Long until 106k NOTE: check VOL & MACD before taking any trade
$BTC UPDATE & ANALYSIS (NFA/DYOR) ❗️EXPECTED PRICE ACTION ❗️ a. 101.5k breaks, price falls to 100.8k or 99.2k (60% probable) b. 102k breaks with high volume, rally to 102.8k - 103.4k (40% probable) 👇👇REASONS 👇👇 ⭕️ Price in High volatility Range with 99000 Support & 103000 Resistance levels ⛔️ EMA 9, 21 #bearish while EMA100 active Support @ 99.2k (critical level to watch) ⛔️ MACD bearish with divergence (higher chances of price rejection from 103k) ⛔️ Order Book shows 52% Bids (thin) vs. 48% ask (strong) = Bears waiting to Sell from 103k to 104.5K
#ShareYourThoughtOnBTC $BTC decisive zone : 99200 Resistance breaks or 99800 support retest NOTE: MACD Bullish Crossover, RSI Neutral-Bullish, Order Book suggest 35% chance of Resistance Breaking & 65% chance of retest of immediate support @ 98.8k. Volume shows Bearish Divergence LET MARKET MAKE ITS MOVE
after I have sold 50% of it and TP at the current Top. Reasons 👇 a. strong fundamentals & active community b. mainnet upgrades and mining c. fearful retail & cheap price to bet
Alhamdulillah ! under these market conditions 6th successful trade in a row
3 shorts & 3 Longs all TPs hit
NOTE: this is best time to enter for max profits. f my hypothesis plays out, $BTC will make a major move to liquidate shorts, if not, I am hedging on other exchanges with small amounts 😎 $ARB $BTC