In a smaller timeframe, BTC could show us which way the trend is leaning and in this case it will not take too long to find out. Price is resting on the 200MA on the 2H Timeframe and it is also being squeezed by the downtrend channel line. If we go over that channel line that would be a very small indicator, and if we melt that will let us know that BTC is trying...
We are considering to buy.
However, it is necessary to wait for confirmation in the form of the completion of the upward impulse of the 1st wave (Minuette) in the wave of C(Minute).
After testing the price level of 8400, we recommend buying at a local price correction to the level of 8250-8100, continuing purchases at local corrections above 8500.
Hello everyone, as in the title BTC is showing some strength but we still have a long way to go. On october 19th bears were attempting to bring the price down, but lack of strength helped bulls push it up. I’ve noticed that every Sunday night (I am located on the west coast) the price tends to go up. It’s probably caused by a combination of few factors like...
In this idea we will figure out why this exact Trading Range has been formed. Candlesticks will help us with this.
Candlesticks, as you know, can reflect the market psycology and points of interests, where people have the most willingness to buy or sell the asset. Despite we can find the points of interests and see the psycology, it is very difficult to...
In view of the new market data, the price movement plan has been adjusted again, as well as the map of possible wave movements.
For local actions, we recommend looking for levels to buy after the price touches the level of 8240 (in wave (ii)).
Also, for the option with short sales, we recommend looking for pattern of continued decline at time intervals of up to...
This weekly cloud is absolutely fascinating! It tells that a couple of weeks ago the trend turned long-term bullish & also it can tell that enormous pull back could happen and the long-term trend would stay bullish.
Notice how this last pullback almost perfectly found support at the cloud. That is very interesting.
It's just so amazing how it works. Last week...
This entire run up was unnatural. BTC ran up too high and too fast without significant corrections, which is a concern. Going exponentially this quickly and this early just endangered the low being in.
When markets go exponential, they become unsustainable. And when they correct, things end very badly.
Going from 7k to 14k so quickly actually endangered the...
At the moment, the price is at the best levels to consider for buy. Confirmation to activate buyers will be the breakdown level of 8500.
An alternative variant of price movement implies the formation of a wedge model in the direction of decline, followed by a breakdown of the level of 7700.
Hello to all!
The trend could change. In the main version, we consider the formation of a primary growth impulse in the composition of a wave of a 5-week level.
Alternatively, it is worth looking for signs of weakness and consider a decline in the direction of the level of 7000.
As before, we recommend consider buying a BTC.
With a high degree of probability, the market has changed the price behavior model, and past recommendations regarding purchases should be postponed to more secure levels and price patterns.
At the moment, we recommend looking for signs of weakness and price patterns for decline.
Alternatively, we should expect price fixing above 9000, and at the...
The implementation of the variant with the final wedge in the large wave C continues.
In the past, we identified the risk of decline, which was confirmed by the current dynamics.
We advise you to refuse purchases and look for a good place for short sales
When it comes to the forces of nature, the preference is always for the path of least resistance. This is the way in which water flows.
Albeit its attempt to break through the 1-1 Gann trajectory (and failing miserably) in my analysis of Papa Bear's Preferred Trajectory which it has been tracing neatly, one can safely assume that it will have a preference for the...
The price corrected after a false breakdown of the level of 7800.
We expect further retesting of the minimum at the level of 7700.
After testing the stop loss of buyers at 7700, we recommend to look for a place for long positions.
On September 25, our fund again reported profit.
Congratulations to our investors with another profit!
Now about the price of bitcoin.
Our analytics department evaluates the current position of the bitcoin price prospective for consideration of long positions. We believe that the correction range was overcome and currently buyers have...
$BTC and the 100 Weekly Moving Average (WMA) Reaccumulation Support Ramp:
1. Breakout of Bear Trend.
2. 40-45% Drop from Top.
3. Reaccumulation Support Ramp on the 100 WMA.
Bottom is likely in. Don't see us going <$7k.
Halvening in ~200 days.
You are wrong if you don't have any #BTC exposure.