Bitcoin Trend-line Reduction Zone Start Date 06-26-2019 at a Loss Rate of $1,148.33 Per Day (Update)
Starting Day 7 with the current Rally still in the Trend-Line Reduction Zone, so beware of an abrupt Downtrend that is likely to come, yet hopefully not!
Bitcoin is Currently moving down through a Trend-line Reduction Zone at a rate of $1,148.33 Per day with a...
The formation of the consolidation form begins. In other words: “pause” in the trend, when market participants “gain strength” to continue it. This may be a pennant or a flag, it does not matter. It is important that this will be another confirmation of growth in the medium-term policy.
If the basis of the data on possible figures, it usually happens in equal...
May 21, that is, tomorrow there will be a meeting on ETF. It will be postponed as always and will hardly be able to somehow affect the BTC price reduction.
Firstly, because everyone knows that they are likely to postpone it.
Secondly, because during the uptrend, the "negative" news of the FA has a minimal impact on the asset price (as well as the "positive" news...
On the night of May 16-17, the BTC gave the long-awaited correction. Why is this good news for bulls? Let's break down the points:
• By all the rules of technical analysis, we received an ideal correction with a rebound from 50% by Fibo, which threw the price back to $ 7,200.
• The same night correction was able to close the gap to CME in the region of $ 6,430 -...
The long-awaited correction of the BNB has finally begun. At the time of the publication of forecasts, it already has more than 20%. Most likely, it will be only 15-17 dollars. The investment attractiveness of BNB has grown so much lately that it could change the natural course of events.
It's funny that only the news of the theft of 7000 BTC from Binance wallets...
11% of the US population owns the main Bitcoin cryptocurrency (BTC), according to a new survey published by Blockchain Capital on April 30. The survey was conducted in six key aspects: awareness, familiarity, perception, conviction, propensity to purchase and possession. The figures have risen significantly since the same poll in October 2017 despite the “bear...
Consolidation, which lasts from 26.04, is approaching its logical conclusion. At the weekend, the price could not determine its direction, which means it will do it within a week. Growth factors are futures GEP and small divergence. On large TFs, everything is quite difficult, since the paterns are not allowed to work out the fundamental and manipulative factors.
Bull potential is not yet fully exploited. I think that now we are gaining positions for growth. Perhaps we will also correct the resistance zone between $ 5300 - 5370. The intermediate goal of climbing is $ 5800, but we can potentially break through $ 6000. The power of the impulse is difficult to predict as there is still a divergence with the STOCH indicator.
There is a high probability of retest $ 5000 . The accumulation of sales volumes at levels $ 5090-5110 will make it much more difficult to hike prices higher. The imminent fall in prices from these levels, so far does not meet any resistance from buyers. If the situation does not change in the near future, the local minimum is likely to be updated.
Currently, we have class A divergence on local maxima and minima of the D1 timeframe. In addition, before further price increases, it would be nice to push off from the MA (200) in the $ 4,600-4,400 zone. In general, we are waiting for the continuation of the correction.
The situation with TRXBTC (Binance) seemed interesting. Since the end of January 2019 he is still in
fall phase, without serious correction in the opposite direction.
Although the reasons for growth in this asset is more than enough.
1. Partnership with Tether, which will lead to the release of USDT tokens based on the Tron blockchain. The...
Begins correction for this instrument. The price is inside the rising channel starting from January 20x, January 2019. It is necessary to go beyond this channel to accumulate positions in the range from 0.013 - 0.0115. Locally, a corrective figure was also drawn.
We will sell from the level of 0.014.
Goals: 0.013 | 0.0122 | 0.0115 |
A nice figure of continuation of the trend on 1D was drawn. Potentially, we can fully work out the value of the "flagpole" and reach 0.0012. But now there are quite big problems with volatility in the majors. Any bullish impulse suggests itself anyway. We will keep abreast of events!
From day to day, the listing of Celer (CELR) on the Binance Exchange will occur. For now, everything goes according to the scenario of the two previous listings via Binance Launchpad.
Chances are high and for the 3rd time to repeat the "bullish race" on BNBUSD. This time, the price could go as high as $ 20 per asset. I advise conservatives to buy from the level of...
XBTUSD 4H (Bitmex)
We have a descending triangle. The lower boundary of the triangle forms a horizontal support line, repeatedly tested in the past. The amplitude of oscillations inside the triangle is reduced. High probability of breaking through the lower boundary.
Then we should expect a decline to the level of $ 3900 - 3860. It is likely that before that we...
#BTC At the moment, on a 1-day scale, we are within the Ichi cloud, and in order to determine the future direction of the market, we need to go along the upper edge of this cloud, which will make it possible to touch higher resistances, to the 4700-5000 range. If we still go down and test the bottom look of this cloud, we will consider the discovery of longs.
STEEM / BTC
The price breakdown of the resistance level, which became after that the support level, and fixing above it indicates the possibility of the price hike higher after a local return to it and a rebound
Entry price 0,000147
Stop Loss 0.00011
Transferring to breakeven after 0.00017