Update stops for long-term trades

November 21, 2018

Due to the instability of the global market, you can use a stop below the level of the recent minimum value of each coin (including long-term investments), if this support is broken it is likely that the downward trend will continue. Do not use stop orders, watch the market and open trades, close manually in […]

Bitcoin technical analysis. BTC-USD on November 21, 2018

November 21, 2018

#BTC In the near future there is an opportunity to repeat the movement similar to the movement after falling in August. The global market is too oversold, but this does not mean that in the case of opening positions, this should be done on all capital, investments should be partial and deliberate, do not forget […]

BTC further may be subject to manipulation

November 21, 2018

#BTC An alternative market development scenario might look like this: if the price is lowered to 4000, then the majority will believe in further draining to the supports of 3600 and 3200, maybe we will see an increasing number of shorts. But as a rule, the market often knocks out stops or does not reach […]

Bitcoin condition after a strong fall 📉

November 21, 2018

#BTC As you can see, the support is very dense: we have reached the resistance of Fib 0.786, which is near the level of 4400 and as a rule is a reversal level (but often before the increase itself, the price tends to fall below). We also have an extreme proximity to the long-term uptrend […]

Bitcoin update. BTC-USD on November 20, 2018

November 20, 2018

#BTC Despite the fact that the market can be strongly manipulated, if you look at BTC on a larger scale, then based on the possibility of a fractal price movement, we can get a noticeable increase, but you shouldn’t expect to form a wave to new price records, the downward trend can still continue. From […]

Bitcoin update. BTC-USD on November 20, 2018

November 20, 2018

#BTC The current wave of panic is very similar to the February panic at least 5800 dollars. The fall continued for 7 days, and on the 8th day we saw another failure followed by an impulse rebound. Today is also the 7th day of the fall, if we continue to decline, it is very short-term […]

Bitcoin update. BTC-USD on November 20, 2018

November 20, 2018

#BTC 3D So we touched the RSI level of his record minimum of 2014. The market is too oversold, now it’s worth lowering the price even lower is too much effort, it is much easier to rise above. We are also approaching a long-term uptrend line, which may well be a magnet for the market, […]

Bitcoin technical analysis. BTC-USD on November 19, 2018

November 19, 2018

#BTC 3D Further development of the market may look like this. If we consider the last wave of growth and price correction, then we see that the market was able to roll back to almost -82% percent (in the current situation it may be around the level of 3600). 4800 is a good support, but […]

Update on a look at Bitcoin price movement

November 17, 2018

#BTC Thoughts for now: at the moment, despite the fact that most traders believe in a further decline, we are skeptical about this scenario. The longs have already been shaved, everything else, albeit not in huge amounts, but must quickly pay off. It is hardly possible to believe in the breakdown of 5000-5200. 5200 area […]