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Hey guys, I hope you are all having a great Saturday! I was looking at BTC across several different time frames last night using a four screen method and noticed that the market is losing strength up to the 2 day time frame. Chart Time Frames: 1, 8, 21, 48 Hours Indicators Used (top to bottom per chart): MACD RSI Keltner Channel Quad short-term...
Hey to all! Bank of America Merrill Lynch recognised Bitcoin as the best investment asset for the last ten years and 2019. The dynamics of the Bitcoin exchange rate depends on the rhetoric of representatives of regulatory bodies and representatives of the authorities. There is positive news for the crypto industry that can strengthen the position of Bitcoin in...
Reversal pattern clearly is shown in the chart. Any fake pumps are best place for short
Currently. We are currently on DownTrend Channel. If This DownTrend channel works perfectly we must dump to FIB 61.80% under the next 3days. Note: The pattern is only valid if the Downtrend channel works.
Hello friends! The price updated local lows and formed a momentum in wave 1. We recommend considering conservative purchases from the support level at the price of 7000. Alternatively, the price may continue medium-term consolidation to form a larger correction model. In general, in 2020, our fund expects the end of longs correction of priceies in the...
Hello friends. The situation with price dynamics is ambiguous. At the moment, there remains the risk of another price decline to the level of 6500 or lower. Alternatively, we can expect the formation of a model of continued growth, which can confirm the continuation of the bullish mood.
Hello, friends. We are pleased to announce that there has been a shift in the volume of limit orders, and also a graphical wedge model has begun to form. The fundamental nature indicates a complete decrease in demand for the purchase, which may open up a sharp prospect of price increases. We advise you to look for a purchase at the level of 7000-6900, and also to...
Looks ready to collapse unless we reclaim 7330
Hi guys, Today presents an interesting situation with the triangle that is forming. Granted, there have been large volume spikes and market volatility which makes the actual ABDCE count hard, but I think it is still there. The two primary options are either be a bullish reversal triangle triggering a movement upwards or a contracting triangle with a large move...
Hello friends. After a recent surge in volatility, the price is slowly moving towards local highs. At the moment, one of the main scenarios for our fund is another rapid decline in price of BTC to 6000. To confirm the sales scenario, we advise you to wait for the breakdown of the trend line border.
Hello friends. The situation is somewhat difficult to understand for an ordinary investor and trader. It is very likely that the price will test the level of 7000, after which the beginning of the price up correction. The main zone of high demand for both the buyer and the seller is in the price range 7300-7500. Fixation above the specified range will trigger a...
Hello! We expect a decline in prices either within the framework of the final wave of decline, or as part of a local correction. Local short sales of BTC be kept conservative. Active purchases are relevant when testing the level of 6500, or when a bullish wedge model appears. Good luck to all!
Hi to all! We expect further decline of price. We recommend selling from levels 7480-7720 with stop loss at 7880. The target profit taking level for short sales is at the level of 6300-6000. Buyers almost surrendered to local fud. After testing the minimum at the 6500, we recommend that you think about a set of long positions. Good luck to all!
The decline the price of BTC is continues. We recommend short-sales from levels 7740-7940 with stop loss at 8240, and a profit target at 5950.
Hey! At the moment, we have 2 scenarios for the behaviour of the price of bitcoin. Our recommendation No.1 It is worth selling at a local correction to the level of 8350 with stop loss at the level of 8650. Our recommendation No.2 In the variant with the upward model (right graph), we should expect a breakdown of the level of 8650, after that you can make long...
Hey all! The price of bitcoin continues to form a wedge model. We recommend that you consider buying when the price will be to test the level of 8450. The target levels of taking profit is 10850-11250. Our idea for the Ripple coin for today