Compressed chart again, with VPVR ranges, you can identify the key trading volume ranges from this.
I do not have enough data on my charts to go back further but heavy trading vol is clearly seen and I've marked them of, (or close enough)
**My own price predictions are... To the upside, we need to break $7200s level wit decent volume and for long enough to establish a continous trend upwards. The targets would be $7400s, $7800s, $8Ks and if we break the $8K mark, I personally think we will be going upwards from there and not see below $6500s again as BTC would take off**
**At the same time, and my personal bias is to the downside, I see $6400S, $6200s possibly to the $5800s. If further downward action is in play, $5300s and possibly even $3Ks could very well be in range**
ALL CHARTS AND OPINIONS ARE MY OWN AND DO NOT RECOMMEND ANYONE USE THEM TO TRADE BY. TRADING AT THIS TIME IS EXTREMELY RISKY, GIVEN THE MARGINS AVAILABLE, ESPECIALLY FOR INEXPERIENCED TRADERS OR NE PEOPLE TO THE SPACE. I DON'T EXPECT TO PUBLISH ANYMORE IDEAS FOR A WHILE AS THESE ARE BEING PUBLISHED AS I TRY AN REDRAW WHAT I ALREADY HAD AND PRICE PREDICTIONS FROM A WHILE BACK. THE ECO CRISIS HAS HAD A LASTING EFFECT ON THE CRYPTO MARKETS...INSTITUTIONS, WHALES AND EVEN GOV's BUYING INTO THE SPACE (especially BTC as it has a limited supply). THE MARKETS ARE ONLY MOVED BY THOSE WHO ARE TRADING THEM, BITCOIN HAS NO PRINTER TO BAILOUT TROUBLED TIMES SUCH AS THESE, EVEN BEING A VERY YOUNG ASSET AND STILL CONSIDERED SPECULATIVE, BIG MONEY INVESTMENTS HAVE BEEN MADE RECENTLY AND FURTHERMORE FOR LONGER BEHHIND CLOSED DOORS SO I WOULD BE VERY CAREFUL IF YOU ARE NOT AN EXPERIENCED TRADER. THE CURRENT SITUATION HAS FORCED THE ADOPTION OF DIGITAL CURRENCY AND BITCOIN IS THE ONLY ONE WITH A LIMITED SUPPLY, SO AS THE WORLD WATCHES QE AND UNLIMITED BAILOUTS, LEADING TO THE COLLAPSE OF THE FIAT SYSTEM, BTC IS IN BIG DEMAND SO HEAVY MANIPULATION OF THE MARKET IS RIFE IN ORDER TO SHAKE OUT SMALLER BALANCE HOLLDERS BY FAKE-OUT WICKS, PUMP AND DUMPS AN SO ON. JUST A WARNING FOR ANYONE WHO SEES THESE CHARTS AND THINKS BTC IS A GET RICH QUICK PROJECT, IT IS A HEDGE AGAINST INFLATION AND THE EVENTS SUCH AS WE ARE FACING NOW SO BE VERY CAUTIOUS WITH WHAT YOU DO WITH YOUR MONEY.
DCA/HODL-ing WOULD BE THE BEST ADVICE I COULD STRESS TO ANYONE NEW TO BITCOIN UNTIL YOU LEARN TO TRADE PROFITABLY. IF YOU CANNOT MAKE $10 INTO $100, YOU WILL NOT MAKE MULTIPLE % GAINS ON LIFE SAVINGS. BE SMART, USE YOUR BRAIN AND IF TRADING, DO SO FROM A POSITIION OF STRENGTH AND DO NO GET REKT!
Feel free to follow me on Twitter if you like.
Over and out...
DarDaMonk
I do not have enough data on my charts to go back further but heavy trading vol is clearly seen and I've marked them of, (or close enough)
**My own price predictions are... To the upside, we need to break $7200s level wit decent volume and for long enough to establish a continous trend upwards. The targets would be $7400s, $7800s, $8Ks and if we break the $8K mark, I personally think we will be going upwards from there and not see below $6500s again as BTC would take off**
**At the same time, and my personal bias is to the downside, I see $6400S, $6200s possibly to the $5800s. If further downward action is in play, $5300s and possibly even $3Ks could very well be in range**
ALL CHARTS AND OPINIONS ARE MY OWN AND DO NOT RECOMMEND ANYONE USE THEM TO TRADE BY. TRADING AT THIS TIME IS EXTREMELY RISKY, GIVEN THE MARGINS AVAILABLE, ESPECIALLY FOR INEXPERIENCED TRADERS OR NE PEOPLE TO THE SPACE. I DON'T EXPECT TO PUBLISH ANYMORE IDEAS FOR A WHILE AS THESE ARE BEING PUBLISHED AS I TRY AN REDRAW WHAT I ALREADY HAD AND PRICE PREDICTIONS FROM A WHILE BACK. THE ECO CRISIS HAS HAD A LASTING EFFECT ON THE CRYPTO MARKETS...INSTITUTIONS, WHALES AND EVEN GOV's BUYING INTO THE SPACE (especially BTC as it has a limited supply). THE MARKETS ARE ONLY MOVED BY THOSE WHO ARE TRADING THEM, BITCOIN HAS NO PRINTER TO BAILOUT TROUBLED TIMES SUCH AS THESE, EVEN BEING A VERY YOUNG ASSET AND STILL CONSIDERED SPECULATIVE, BIG MONEY INVESTMENTS HAVE BEEN MADE RECENTLY AND FURTHERMORE FOR LONGER BEHHIND CLOSED DOORS SO I WOULD BE VERY CAREFUL IF YOU ARE NOT AN EXPERIENCED TRADER. THE CURRENT SITUATION HAS FORCED THE ADOPTION OF DIGITAL CURRENCY AND BITCOIN IS THE ONLY ONE WITH A LIMITED SUPPLY, SO AS THE WORLD WATCHES QE AND UNLIMITED BAILOUTS, LEADING TO THE COLLAPSE OF THE FIAT SYSTEM, BTC IS IN BIG DEMAND SO HEAVY MANIPULATION OF THE MARKET IS RIFE IN ORDER TO SHAKE OUT SMALLER BALANCE HOLLDERS BY FAKE-OUT WICKS, PUMP AND DUMPS AN SO ON. JUST A WARNING FOR ANYONE WHO SEES THESE CHARTS AND THINKS BTC IS A GET RICH QUICK PROJECT, IT IS A HEDGE AGAINST INFLATION AND THE EVENTS SUCH AS WE ARE FACING NOW SO BE VERY CAUTIOUS WITH WHAT YOU DO WITH YOUR MONEY.
DCA/HODL-ing WOULD BE THE BEST ADVICE I COULD STRESS TO ANYONE NEW TO BITCOIN UNTIL YOU LEARN TO TRADE PROFITABLY. IF YOU CANNOT MAKE $10 INTO $100, YOU WILL NOT MAKE MULTIPLE % GAINS ON LIFE SAVINGS. BE SMART, USE YOUR BRAIN AND IF TRADING, DO SO FROM A POSITIION OF STRENGTH AND DO NO GET REKT!
Feel free to follow me on Twitter if you like.
Over and out...
DarDaMonk