CalipsoInvestment

BITCOIN A NEW BIG MOVEMENT?

BITMEX:XBT   Bitcoin / US Dollar Index
In today's overview we will see the current levels.

Firstly, you should check out the volume , and it's falling down. The price is covered from both sides. And the candle analysis shows us an uncertainty on the market. So....what's next? The market is weak now. And the market maker, can easily give an impulse to both sides. . Triggers - hitting a level. In a shortcut: the nearest liquidity was picked up, next one is on ±3436.
If we will see a big volume - it will be good to consolidate above 3680.

And yeah, if you want to find an answer to your probably the popular question: "Where we will go?". You can't find it. True answer - to the right.

More ideas and useful information you can find on Twitter and Telegram (links in bio).

Comment: We saw a nice impulse to upwards. To confirm a long-mood market, we should consolidate upper (3611) and then follow the red trajectory. Otherwise, that impulse can be a fake one and we will go back and draw a "bart" pattern.
Comment: The impulse had not been confirmed and we went back to the upper border of the las range (2 blue lines). Let's see what the bulls will show us. When we upper the blue lines - we still have a opportunity to go and try to break the purple zone. But if we won't see it, we can call the last impulse as "fake" and short will be more interesting in a short-cut.
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