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 -...
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...
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...
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.
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.
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
#BTC The price is now in a confirmed uplink channel, formed in the 20th day of January 2019.
If the "bears" do not concentrate their forces on the breakdown of the level of 3850-3800, then we may see a further price increase within the channel. Depending on the nature of the growth, we can expect an ascent to 4000-4250, where large volumes for sale are located. It...
If we talk about the fractal, then we can see the removal of stops near or above 4500
Until we broke through 200 ma about some turns and “to the moon”, it’s too early to talk, be careful.
Positive is still small, with a high degree of probability we will still see new minimums.
Despite the visible bullish figure on a 2-hour scale, the larger market is very neutral. We have good support around 3450 (Bitmex) and very significant resistance slightly above the 3700 (Bitmex) mark. To determine the future direction of the market, we need to go beyond the current flat, in which we have been stretching since January 10. On a more global scale,...
Pending stop orders for a pair of BTCUSD:
Risk per trade: 3-5%
Long entrance: 3443; Stop loss: 3378;
Target 1: 3475;
Target 2: 3508;
Target 3: 3573;
Short entry: 3378, Stop Loss: 3443;
Target 1: 3345;
Target 2: 3313;
Target 3: 3248;
After taking the first goal, we move the position to breakeven.