Aitvaras007

Aitvaras007

Large market players are selling the stock pre-market at or around 99.50. It could be a signal for a stock to decline. Technical analysis and the volume support the idea.

Aitvaras007 Updated 

Nice buying from recent dip may continue to 4240-4250 where one may look for a short setup. The potential trade setup is valid for a day or two.

Aitvaras007

BTCUSD peeked to the psychological 5000 level and then dipped to 4000 as expected. Recent bounce off the 4000 area seems to be fueled only by day traders and in the longer perspective should break down to first stringer resistance at the 3500 area. Here I will keep an eye for a possibility to establish long position however stronger support at the 3000 area should...

Aitvaras007

In my last review on the BTCUSD I thought it wouldn't break 4500 resistance area at least for a some time and would keep in the range. However, it break through but we see limited buying interest. It could follow through and potentially reach psychological 5000 barrier however I would be very cautious having long positions now. As in the earlier review I would...

Aitvaras007

Apparently the resistance area at 4500 is still strong enough. On the other hand, order books at the exchanges show the growth of the buyers money and the limited Bitcoin supply. It might happen that the price will go up through 4500 area without prior dip to minor / major support (blue and and green lines on the chart). However, I am waiting for it to go down at...

Aitvaras007

The latest dip and return back to 4100 area seems to lack strong motives for bulls to continue. I expect BTCUSD to stay in the range between 4100 and 3500 areas if no major news related to cryptos emerge. It might be though that price could break up but 4500 area seems to be a strong resistance. Again there is a chance (I'd like this to happen : ) ) to break down...

Aitvaras007 Updated 

It seems that BTCUSD is on the way down to 3500 support area. Even if it breaks up the buyers seem to lack the interest and strong motive to proceed with blind buying we have seen several weeks lately. I would wait for BTCUSD to break current support at 3900 and then slide down to 3500. Only there I am going to establish long positions confirmed by bulls...

Aitvaras007

It could be a nice opportunity to buy Bitcoin on the dip to 3000 area. This one should serve as the solid support until the rising trendline is not broken. Wait for a price confirmation before opening any new positions. www.tradingview.com