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BITCOIN UPDATE Our last two posts of 17-18 July working as per plan. The 64500-68500 range paid good profits testing twice both. Now we are into second phase 69993 Break / Reject. This phase will determine Macro price action whether it remains bullish or becomes bearish. #BTCUSDT $BTC #Write2Earn!
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FORECAST ON LARGER SCALE We have taken SNRs from A-Channel and D-Channel and SMC Supply zone 69993 as Point Of Impact. As the chart is self explanatory, it is open for discussion. Lets find the Major Price Action together. Good Luck! #BTCUSDT $BTC #Write2Earn!
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UPDATE! BTC ON THE MOVE After staying in sideways trend at our last marked strong support 56500, Btc has broken the zone and now moving towards top of D-CHANNEL located at 68500. However we have marked 69993 as our last hope for sellers. Our observation zone for Break / Reject will be 64500 to 68500. #BTCUSDT $BTC #Write2Earn!
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HOW TO ENTER A TRADE SAVE YOUR EQUITI FIRST, PROFIT COMES LATER The H4 TF chart was our work plan for few days posted in the past. We waited and keep observing and finally price got in the target zone and we switched our TFs to H1. At H1 we waited and observed that price made three attempts to break and made closes with a perfect top wick but the confirmation candle kept closing as bull candle. All the three attempts failed and finally price broke the resistance. The breaking of resistance made it support but again we didn't get the bottom wick closed candle and also the confirmation candle broke the support. The price didn't act as we have planned so no entry was taken. The work plan stands Null and Void. Euiti remained saved and we remained out of stress. This is the key point for success that is to have Patience and Discipline. We are working on our new work plan on the basis of current SNR 63500-750. DO NOT TURN YOUR TRADES INTO GAMBLING. Good Luck! #BTCUSDT $BTC #Write2Earn!
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#BTCUSDT $BTC #Write2Earn! BTCUSDT UPDATE ! There are possibilities growing and dying every 24Hrs. We have to keep track of price action in a suitable time frame. For us H4 acts as a backbone for Intraday and Swing both. A newly developed candlestick patterns signaling more of a bullish movement but after finding a good bottom. To our limited knowledge that bottom could be 50750 for swing and 55750 for Intraday. Moreover, our Point of Impact is also 55750 and equilibrium telling us that if we remain below it, then we might test 50750. On the other hand if we remain above it then 63500 might be tested. Compare your work with our and if you find similarities with our marked SNRs (Support and Resistance) then plan your work and make your move. Always use Stop Loss and do Money Management. Good Luck!$BTC
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