Home » Blog » Page 5
December 18, 2018#BTC You can pay attention to the completed formation of a falling wedge with a bullish breakdown of its upper face. If the previously mentioned area of about 3400 will hold the pressure of the market in the event of a rollback, then a hike to the resistance will be even more likely, it will […]
December 17, 2018Small and medium timeframes are beginning to take a more bullish appearance, the scenario of movement to the resistance of 6000 is still relevant. On a 1-day scale, MACD, RSI & STOCH RSI look very positive and may look even better over the next couple of days. The volumes are not the biggest, this impulse […]
December 17, 2018#BTC 2h The marked local resistance was punched very confidently, of course, further correction is appropriate, as a result of which an inverted head and shoulders can form. The testing of this pattern will enable the market to break into the range of dense resistance, it may be possible to approach its upper limit and […]
December 17, 2018#BTC In case of continued growth, it may be insignificant, as part of an attempt to break the downtrend. The subsequent growth correction is obligatory and it may again bring the market to the upper boundary of the channel, from where we will attempt to form a larger movement upwards.
December 17, 2018#BTC The resulting bullish momentum can maintain a positive attitude in the market, indicators of average timeframes look optimistic, the chances of continued growth are present. We received local resistance around the level of 3600, the breakdown of which will form the movement towards the test mark of 3800 and possibly into the region of […]
December 16, 2018At the moment there are no major changes in the market, step down and touch the MA50 chances are still great. Going below the MA50 for the current period will be difficult, for now hour timeframes demonstrate a slight opportunity to jump, but this does not cancel the global move down. If the MA50 is […]
December 15, 2018#BTC The market still looks bearish, both in small and large scale, at least the bulls show themselves very weakly. We stay in the middle of the channel, which was published in the last post. The area around 3000 remains a strong magnet for the direction of the market.
December 14, 2018#BTC In yesterday’s post we considered a high probability of a decline, which we are seeing now.
December 14, 2018#BTC Bitcoin remains bearish, both globally and currently. Consolidation below recent support, which has been pierced, rather indicates the likelihood of getting one more step below, instead of forming a rebound to 5000 (for the moment). The RSI is too oversold, on the scale of the month it lasts a long time in the oversold […]
December 14, 2018#BTC This idea is based on a 88% reversal of the market cycle and the intersection of TK on a 2-week scale, which also indicates a likely resumption of the uptrend. We are getting closer and closer to the global reversal, this situation may be accompanied by another fall to 2500, but next year we […]