Bitcoin price overview (waves) 21.11.2019

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello friends.
The situation with price dynamics is ambiguous.
At the moment, there remains the risk of another price decline to the level of 6500 or lower.
Alternatively, we can expect the formation of a model of continued growth, which can confirm the continuation of the bullish mood.
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+1 Reply
significant work you have
it;s my work
btc will retest 6.600
here is the reasons for it
you made awesome analysis) my bitcoin analysis
Prices are clearly in downside range.. Jumps occur but fall again.. This suggest bears are in control... there will be new lows but this all jumping at the same time will remain continue.. Moral of the story.. Sell on jumps only.. Once spikes are finished!!!
Starting November 20, the best strategy is to buy when testing price lows.
Sell part of the position after sharp upward movements until graphical models of the continuation of the trend in the direction of price growth begin to form.
Jollymolly QuantumHedgeFund
@QuantumHedgeFund, Buy is good for short time but after spikes btc now a days always came down.. the spike that started from 7300 to 10,300 came down in similar passion.. buyers booked profits and sellers took control.. I see same scenario now.. btc is unable to go its high of 7400.. if its bullish then it will go towards its high of spikes and head up.. but if no then btc will again go 6400 and 6000. So keeping that in mind.. I entered short today with stop 7600 and target towards 6400 and 6000. I think it will take days cuz after every spike up.. it consolidate alot but with downside movement.. so lets see if i am correct!
how does quantum trade in a situation of uncertainty?
@avdanilov, We are gaining long positions from November 20, partially selling bitcoins on the upward corrections.
We believe that now is the best time for a set of medium-term long positions, given the fact that the level of 7200 was overcome in November.
avdanilov QuantumHedgeFund
@QuantumHedgeFund, Thanks for the answer. 6500-6900 go 7500-7800 and in bears? ))
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