The Engineer Trader

Potential Ferry 38k area.

Tyor Dyor

BTC UPDATE!

BTC dropped by like 8% and below 40800 yesterday but currently seems in a mood of accumulation but what could be the next movement?
Btc's downward movement was probably to liquidate later longs and As result of some news and The rally according to me isn't over. But for it btc must close weekly candle above 42k.

if btc fails to do so btc might drop to 38-40k and fill the CME gaps there.

Closing of candle is important and one more thing is that today november Cpi data is to be released so we can expect volatility around that time.

Follow and like for more also tip us!

#BinanceTournament #BTC

BITCOIN UPDATE! 🔥

1.BTC is on a do or die situation right now,If we talk about the 4H TF we see 2 scenarios that either a pull back from today's low or a pull back from the support which is from 40000 to 39300 BTC must hold these levels in order to give further upward movement.

2.And if we talk about the 1D TF, BTC must close above the mentioned line which is 40200, if we close below that then 38K will be the next stop.#BTC #BTC ##BTC

#BTC Update!

CME GAP ARE MEANT TO BE FILLED!

BTC Update!

As per 15m chart, Still now #BTC not create any new Resistance Level, but attempt to try to create new one but that failed . So BTC again ready to drop below 42,000 today evening.

-- In 15m chart, BTC Currently facing Strong Bearish phase and Bearish momentum . In 1H chart BTC Facing Strong Bearish phase and Strong Bearish momentum .

So BTC will drop more possible . If Panic selling happen at that time will break the 40,000 and will reach 39 or 38k will reach. This is current information, anytime can change market trends. So please wait for my latest updates .

#BTC #BTC #BTC

Dear Followers , I’ll provide more information after few minutes. Because i am waiting for the information from my analysis. Don't set your mind if fall we can buy #bitcoin, because I am anticipating big drop will come like -10% to -15% will show the BTC last 24h . Currently i am anticipating BTC might will drop below 38,000 . So please do trade with enough funds .

Please consider following for more updates like this. Thanks for your support!

#BTC 4hr: Correction went deeper than I expected but a good leverage wipeout + now I believe we resume w/ATH as the target of this impulse before the end of December…send it w/haste 💪🔥

#BTC #OP #BinanceTournament #JTO #ARB

OI completed wiped all the way down to the original "baseline".

Whoever could have gotten liquidated likely just did.

And yet we failed to breach 40k as expected.

This was a complete reset on OI, while leaving bullish market structure in-tact. Healthy and has set us up for the next leg to take us PAST 50k+ and realistically to 60k-ish within the next week or two.

$BTC

Panic Selling is 38k possible??

#BTC #BTC

It dumps right after my first ever content here in binance.

The fair value gap in 1hour timeframe has been filled!
Let’s wait for the candle closed of candle!
#BTC

If you are not following. Please consider following for more content and chart analysis. You can also request what coin to chart.

BTC Update!
Timeframe: 1Hour

Pattern: Rising Wedge which is often leads to the downside.
Bullish Cypher Pattern - currently ongoing from leg c to d. The target for d leg is 1.272 which is 42300 area to 2.000 which is 40880. You can consider the snr zone of the following areas. $BTC

Note! Immediate support is @42800 area which is according to coinglass there is a ton of liquidity.

If you have short position, consider holding it until it reaches the update. Completion of cypher pattern will leads us for a bullish momentum targeting 44500 for leg A and 44,800 area for leg C.

I’ll provide update later on today. Have a blessed monday everyone.

#BTC