There two positive tale at the under the 50 and 200 days moving average. These are returnal signal . The market price should increase up to 50 and 200 days moving average.
Take Profit : 135 USD
Stop Loss : 107 USD
There are 2 positive tale at the bottom of the week. And also the market price is over 50 days moving average. These are retun signal.So the market price should increase.
Take Profit : 207 usd
Stop Loss : 168 usd
There is a divergence at MACD . And also there is positive tale at the bottom of the day. These are return signal. So the market price should increase.
Take Profit : 560 usd
Stop Loss : 497 usd
Take profit and stop loss price have determined accoding to the Fibonacci Retracement
There is two negative tale which is shown in the yellow circle.The first one was at the 50 days moving average and the second one was at the 100 days moving average. So the price shouldebe decrease to the 200 days moving average.
Take Profit : between 514 - 500 usd
Stop Loss: 609 usd
there is a divergence at Macd.Also there is a positive tale at the bottom ofthe day. Macd and positive tale shows us the market price will increase. If the market price breaks the 50 days moving average the price sholud increase .
Target : 10.6 usd
Stop Loss : 8.85 usd
The market price have been broken the tend line.And also there is a breakout bar which means the price should be incerease 40 - 45 usd If the market price goes up to 240 usd.
1st target : 270 usd
2nd target : 300 usd
Stop Loss : 185 usd
According to Eliot principles and Fibonacci Retracement the market price should goes up to 0.7370 . If the market price break up to 0.7370 the market price shoul do up to 0.7470 .
The stop loss shoul be at 0.7250
In the first circle negative tail has been shown so market price decreased under 50 days Moving Avarage.
In the second circle second negative tail has been shown just under 50 days Moving Avarage.
According to me; market price will go down to 6.00. Then if the market price goes under 200 days Moving Avarage; market price will go down 5.70 - 5.50.
BTCUSD Strong Buy
Market price is above the 50 day Moving Avarage if the price breaks the barrage of 6371 first target is 6800 - 6850
second target is 7278. First target is more possible than the second target. For the second target to happen; market price has to be up above to 200 days Moving Avarage.
It is a good idea to open long position at BTC/USD . market price is around moving average(50 the red one). if the market goes over the moving average(50) the price would goes to moving average (200 the turquaz one) which is 16000 usd . The profit should be taken at price 16000$