Bitcoin Trend / No. 506 / The Next Trading Signal

in bitcoin •  7 years ago 

Time: 6.30 P.M. / GM+2 / 24th Feb, 2018 – Sat.

- Reminder of 2018 Calls -

  • Buy call at 6.1 close to the bottom at 5.947K / We BGT at 6.1K.
  • Sell Call at 11.65K / We SLD at 11.65 K.
    Feel free to / Check The Post 501 /

- The Next Trading Signal -

  • The third call for 2018 is buy call / Yes, will buy at 8.7-9.2K !

This is the way, That I trade, Do your own due diligence. No one knows tomorrow's price or circumstance. I intend to portray my thoughts and ideas on the subject which may s be used as a tool for the reader. I do not accept responsibility for being incorrect in my speculations on market trend.

So What Next !

  • Bitcoin is currently trading around 9.7K at time of writing and as expected, the support 10.7K, 10K was broken and the support 9.6K will be broken soon.

  • The trend for the rest of day is slighty bearish, and the selling pressure try to lead the price to break the support at 9.6K.

  • Based on the head and shoulders pattern on 4-hour chart ( The small chart on the cycle), I believe bitcoin price will hit 9.2K. We have to keep un eye to see what will happen around this level, as might the decline extend to 8.7K ( Strong Support ).

  • The right shoulder of IHS is in progress. Be ready as the big buyers will get on the market around 8.7- 9.2K. Today we are slighty bearish but I believe soon will be on the bull court after the appearance of the right shoulder of IHS.

buy1.gif

Expected trading for the rest of day:
is between 8700.00 support and 10700.00 resistance.

Expected trend for the rest of day :
Slighty Bearish.

Medium Term:
Bullish.

Long Term:
Bullish.

The low of 2018:
5947.00 / IHS Bottom.

The high of 2018:
25000.00 level / Expected.

Thanks For Reading..

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

What You Know About --> Fibonacci Retracement in Trending Market.   

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i love this post sir @lordoftruth thanks for sareing sir

upvoted & resteem

thanks for info.. these expectation can really help for future plannings.. <3

Excellent!! good information grateful friend.

good informations @lordoftruth
thank you for sharing

thanks for this great information, it's so helpful.

nice post on bitcoin.upvote and restmmet done

this very important post. I love your post.

post about "Bitcoin Trend" it's a great content. Thanks for share.

all time you share awsome thing upvote and restmmet done

Wonderful post......Thanks for share........

You got a 3.56% upvote from @buildawhale courtesy of @lordoftruth!
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very useful signals these are thanks for sharing :)

I'm starting to follow. Let's see how your predictions do.

$15K by end of March would be amazing.

Thanks for the signal buddy !Will keep it in mind !

This post has received a 11.17 % upvote from @booster thanks to: @lordoftruth.

nobody knows about prices tomorrow but you have a good idea for today. thanks for sharing @lordoftruth

good inspiring......thanks

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