karimzaky

karimzaky

Very trick spot right now for Bitcoin. Bulls claimed a lot of key areas last week and bears defended early this week, lets what BTC will do next. Trade Responsibly KZ

karimzaky

And the short played out pretty well!! would love to see more down side towards 6400 and then 6250 before a move back up.

karimzaky Updated 

We are in descending broad wedge forming These are usually bull patterns anything could happen.

karimzaky

A lot of indecision here. I don't have much to say Bitcoin does what it wants. Trade Responsibly KZ

karimzaky

The 23.6 on the most recent range high to range low move got rejected BTC move up. Usually acts as a really strong support or resistance LVL. So based on what I'm seeing I'm going for a scalp short if we range for another day the lowest would be 6260 the highest would be 6725. I think a wick below the 6k is possible too (MAYBE). Their is a rising wedge they...

karimzaky

We sweeped the lows and the highs and back to the middle of the range. Got rejected nicely from the 38 FIb level this is where I had my short entry laddered.

karimzaky

I closed my short. Bears are pushing down bulls bought up really quick, waiting for future markets to open.

karimzaky

Choppy price action, no clear trend. But I'm short from 6100 target is 5800.

karimzaky

I think this space ship is looking to land somewhere around 3k - 4k.

karimzaky

#Bitcoin Brice today bounce to approx. 8950. Just as expected from my previous post, we bounced off the 50% fib levels nice support over there. Bulls absorbed all the sellers in this area. Today is a perfect bounce on the weekly and daily time frames. Not a very definite confirmation yet that the trend changed based on the amount of resistance we need to break...

karimzaky

Here is what I see, the Bulls and the Bears put up a big fight. It's still on. For every uptrend, there is a downtrend and vice versa. I see a cup and handle forming; I also see an inverse H&S might be forming; all those are bullish signs on a high time frame, and they take time to develop. In the short term, we could see a few attempts (wicks) down to fill the...

karimzaky

BTC made it to $9950 after a red candle with a long wick at the 9200 levels. It got rejected at the 100 MA on 4h chart or the 350 MA on the 1h chart. I still think we could move up to $10000 - $10050. If we break $10050, we're headed to test $10200-10300 on more time. BTC could go sideways a little bit and rage between 9750-9850 lvls. Trade Responsibly KZ