makemek

makemek

A bullish trend will likely continue for a while after a sharp drop since late April. Chart expect to go sideways from 1.195 to 1.2. It may breakout 1.2, but 1.203 - 1.2065 may be the end if there is no demand

makemek

Bitcoin moving sideways away from its rising wedge and now forming and ascending triangle by moving sideways. Looking at level 2 order book, there is a strong bid around 8800 and strong ask around 9100 An ascending triangle implies that the price will either breakout or breakdown. The tail of each candle is hitting on the highs. A good sign that it is more...

makemek Updated 

I felt uncomfortable when the candles move up and down in square wave in matter of minutes on H1 chart as if nobody is trading it. This movement shouldn't appear in a bullish market. Also, the volume for each daily candles are too low compare to panic selling during 2018-03-06 - 2018-03-17 and 2018-03-25 - 2018-04-01. The volume for each candle should be around...