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At the moment, it seems like BTC is in a corrective wave.
Looking at the chart above, you can see that the BTC’s big frame is in the final wave of the Triangle model and the small one is in the Expanding Diagonal
Both are cumulative, so they are very sensitive. We strongly recommend that you do not enter market at this time
The breakout is strong for the midterm...
Scrip 1 for BTC
In the 2 week timeframe, we can see that the Sell Volume is decreased that optimistic signals for BTC
But we are in the Triangle Pattern
Now is the time sensitive, we recommend you buy when we see the Strong Buy Volume in big timefram such as 4D, W, 2W
The last chart, we said that BTC is in short-term up
When BTC break 65xx resistance, it move to 68xx and Adjustment occurs
In H1 timefram, BTC is in Triangle Correction Pattern
We think BTC will move up to 68xx - 69xx again!!
After a period of sideways, BTC appeared great buy vol and formed a double bottom price pattern - a positive sign for the upcoming short-term price increase of BTC.
If BTC break 6600, this short-term uptrend will continue
Stoploss as above
This is an overview of the market from the beginning of 2018
The direction of BTC is analyzed based on Elliott Waves. The article includes a detailed description of the author
If you have any questions please comment below
Thanks for your following!!
After a while, BTC continued to move slowly to the resistance that we launched last time at 6250 - 6350
But this time we decided to count the waves and put up the new one as follows:
- The BTC is moving in the Leading Diagonal Triangle
- If you are holding a BTC, put a stoploss at 6850, to preserve your profits as well as avoid risk
- In case if the breakout point...
Just like other coins in the market, AION has reduced 90% in its value after reaching the top on 22/4.
AION is making a falling wedge at frame 1D with a 4-month time dropping price.
Let’s focus on the 17th of August, the price have broken the bearish trend with a huge volume. On the other hand, RSI is following the bullish trend , we believe that the market is...
If you look at the ichimoku, we see that 24th of July BTC has a breakout signal from the Kumo cloud. However, this is a faked breakout signal when the Chikou span can't escape the Kumo cloud.
At the moment, BTC is at $7341. In 1D frame, BTC is being supported by Kijun-sen line with a relatively thick cloud of Kumo. We see that price may be supported at the...