The buzz around Twitter implies BTCUSD is ready to start climbing again, and at first glance at the daily chart, it's easy to agree. But lets take a look at the higher frames, which ultimately win 9/10 times when it comes to incoming moves.
Buy volume is typically generated in one of two ways
White Swan News Event
Massive price dump
As of the time...
A similar form was on the Zcash and Neo graphics, Monero, now it's QTUM's turn to grow.
Causes of growth:
- common bull market
- vertical support level
- struck the level of $ 4
Goals when buying at $ 4:
1 goal - 5,3 $
2 goal - $ 10.8
Stop-loss is placed in the zone of $ 3.5.
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Bitcoin is dancing with the 61.8% Fib level with a previous drop from $5,321.82 and a low around $4,950. BTCUSD buy 61.8% Fib level price 5000 Area. Target 5700 and 6000 level . BTCUSD not breakout 6000 area then sell position is best target 4000 area . Technically 6000 area is strong Resistance in BTCUSD, this area break and stable buy this level .
Whoever has been filling their bag, it must be as large as Santas... Weak hands are folding. We see an opportunity to go long on the current support.
We are waiting to see if price will continue to drop and retest the lower support. If support at 320 holds we will go long, if not we will check again on the next support area around...
Hello my Crypto friends!
Today I'm posting update on XRPUSD. In my previous XRP analysis, i forecasted an impulse up. XRP went up, but I don't like how this move behaves. It's too corrective for the impulse in my opinion. So, I'm only changing the view of this correction. I think XRP is in the B wave. I'm expecting down move before the impulse. Guys, don't miss...
BTCUSD 4Hr chart Buy/Sell Strategy.
BUY when EWO = -10
SELL when EWO = +10
I've outlined the BUYS and SELLS based on this strategy on the 4HR chart. Consecutive buys or sells assumes you are not trading your entire capital in one trade. NEVER do this. Split it up into AT LEAST 5 trades. Ex. a 5BTC Capital Balance would take 1BTC per trade.