In trading, the most difficult thing is to know where an asset will stop falling or will stop rising, but there are tools and techniques that can help us find it, I mapped support zones, fibos and mirrored channels.
We have a support zone that starts in the region of 20k dollars to the region of 17k that should hold the fall in the short term, but it is worth...
The current Bitcoin trend is similar to the uptrend before the 2017 high
And now in the similar time zone as that wave, an almost similar fall has occurred.
As a result, these red candles are not strange, even if they continue until next week.
Although this wave does not have the power of the 2017 wave, but I am optimistic about this chart and I think it will...
How big are the chances of BTC medium-term growth continuation and breaking $14,000? What happens if the mark $12,850 doesn't hold up?
In this idea, we will express our vision of the situation and highlight the critical points by which we will be guided in the coming time.
Having gone beyond the inclined consolidation on 27 October, BTC price steadily moved...
Good morning!
Consolidation and critical point in the market motivates to work more by looking for clues in history! Today we woke up and saw an interesting pattern and deja vu attacked us...
In our previous idea , we wrote about the importance of the mark $13,100. Buyers failed to fix above this mark . In addition, sellers have shown that they are ready to...
BTC price broke the weekly consolidation upward and buyers reached $12,300. But can we confidently claim that the growth trend from March 2020 will continue?
We present to your attention fractal analysis done by us.
If this scenario works out, it will be the main idea for the next months for us. We will make additions and updates based on it. Therefore, we...
Good afternoon!
We would like to analyze the situation, what is happening with Bitcoin, in our opinion.
News 08.10.2020 about the purchase of BTC for $50 million. by Square, clearly manipulative. The headline screams All in long. Looking at the trading yesterday - the news worked out! However, buyers' enthusiasm is not supported by the volumes . And the...
XRP doesnt require mining. Hopefully this community will realize that and stop destroying itself. How much have you lost?? XRP , again doesnt require mining.
Tech info not financial advice. If the community keeps behaving as it is nothing will be untouched, though it is possible that coupling has, for a time , brought it down as well.
Caveat emptor.
Price
Yesterday Bitcoin showed an anticipated fall, losing 13%, slicing through almost all gained levels and reaching the Bearish Trend Line and 6250 level, which coincides with the 61,8 Fibonacci of the August uptrend. Comeback below Bearish Trend Line will return the overall view to bearish state and open the way to the 2018 low at 5750. Sharp fall which did...
