Short-term deal after local brokeout+tested Trgt - 280$
Good short-term deal after brokeout resist.zone. Now price consolidating in accumulate zone - its a good sound.
Request Network Break out resistance line of falling wedge. Looking for fibonacci levels BIG NEWS MRequest Great Wall: Q1 2018 - The first iteration of Request working with Ethereum on Main Net - Deploy management of crypto-currencies to Request (ERC20 tokens…) - Working on partnerships with Accounting, Payment and Audit firms - Launching the "Pay with Request"...
Look at cicle. Now we in recession zone. If we break out support line we will go to the 50%-61.8%-78.6% level fibonacci. Fundamental About LitePay After the AMA with LitePay CEO Kenneth Asareall very crucial and fair questions about LitePay, remained unanswered. This can be a trigger for further lowering the price of Litecoin.
Expeting of continue of downtrend from logA strong resist. +on background the bad news First support is 8800$-8400$ zone. Now target is near 78.6 Fibo lvl - 7200$
Bitcoin brokeout the main resistance A, but! this move was without good volume and we can see the divergence between volume and price action. When I see on log chart BTC/USD I see that logA resistance still active and wasn't brokeout! Pay attention for this situation. No emotions, only cold analysis.
As I said in my previous post, the falling volume with steady outbreak was just setting BTC up for failure. Here we are seeing it flush a little as expected, but there are only two options and for now I am holding a small short with a high leverage just in case it goes under as that small short could increase my portfolio by 20-30% if BTC decides to retest the 7k...
Bitcoin brokeout G-J correction flag Need confirm breakout by good impulse and volume and go!
Brokeout with great volume + tested Waiting for continuation downward movement on A-B descending channel. Actual until come back in 1-2 local rising channel
Be careful! BTC brokeout both local resistances looks like will continue movement in descending A-B channel
Resistance realised, but positive still active
We have new resist line(called E1), wich was brokeout adn tested - this factor increase probability of movement to A - main resist. But volumes is not high.. It is only additional positive factor Overall situation on BTC haven't essential changes..
Today is 9 february and it is short screencast review for btcusd bitfin 1d.Nothing changes at global vision, but i have something interest.In previous review i payed your attention on key support lines S1 S2 S-basic. So, at 6 fabruary we saw the btc price tested S1 with increased volumes that mean S1-support is realy strong. BUT after rebounce from it we see some...