I expect the exchange to test the $ 6625 adjustment level again. Then you can turn north. In case the idea is right I expect a 31% increase. Target price 8716usd.
@Thegentelman, Thank you for your interest. Yes there is analysis behind it. I will never publish an analysis without having to spend 1-2 hours before doing the analysis. My analysis consists of fractal analysis, wave analysis, sequence analysis and ATR parameter analysis. My analysis is so simple because it has been translated into the language of social media. I know people are rushing. There is no time to work on an analysis for a long time. That is why I want to be understood by those who spend only a few seconds on my site.
@Thegentelman, Thank you very much. Good luck to you too.👍😉
JohnLiv
⋅
I also see 6625, but I forsee a trend change to 8716, but for me after a retrace to 7086 see a return to 10000
meszaros
⋅
@JohnLiv, Thanks for the comment. I'm looking forward to retesting the 6625 usd level because the exchange rate axis is still down. If you look at the red rectangle below the yellow square, you can see that the exchange previously tended to make a spike down. That said, the downward trend in bitcoin is still in place. The mood is rather short. Even so, technically I'm waiting for the north to turn, with a correction signal.
TraderslifeEU
⋅
I don’t thrust someone who is usung the parabolic sar
meszaros
⋅
@TraderslifeEU, In fact, the type of indicator does not matter. Anything that is based on ATR. We use the Super Trend indicator more often in futures trading, which is a more accurate method of calculating the average value. However, it is also possible to use an independent ATR indicator, but its weighting should always be related to the instantaneous value, which is more time consuming to calculate.