Earning a high rating in the Russian thread, I've decided to share analysis in English language. I will be glad to discuss and review! Good evening, dear subscribers! My expectations published in the telegram channel, were confirmed. The fifth wave, which developed in the phase of the strongest overbought BTC . Despite on the fact that upcoming BTG fork was...
Bitcoin tried to break 2900 again, but it`s too hard, because traiders go out below the resistance level. now we have two possible scenario. Positive: it will retest the supply on 2650-2750 and then break 2900 and fixed under the line for hour and more. If it fixes, traders will get faith to growth. Negative: It will bounce from 2900 to +2600 again and again. You...
Support level on 2600 reached according to my previous idea! Now Bitcoin reversed to try break the resistanse level 2900 and then 3000. Get ready! Take profit orders must be below the resistanse levels 2900 and 3000 Stop loss - 2570
What a wonderful day for everybody, who follow my page and agree with analysis posted here! Bitcoin continue it`s growth and will try to break the resistant levels on 2900 and 3000. If it break 3000 level we will see a huge growth to 3700$ according to analisys of Goldman sachs. Get ready for a trip to the moon! But be careful: It can bounce from 3000 to 2600$ to...
Bitcoin has break the resistance level - 2470$ and bounced back to check the support. Strong uptrend is clearly visible now and we have a very nice opportunity to start long trades up to 2900$ and 3000$. Buy orders must be placed on levels 2370-2430 if it drops and 2490-2530 if upmovement continues. stop loss orders must be below 2270. Happy trading ;)
...
According to my previous published idea we have tne pessimistic scenario. Bitcoin breaks the bottom of trangle and drops near Weekly MA20 like 5 times before from the 1-st of january 2016. That should garantee the healthy growth of BTC and strong UPTREND next few months.It probably can drop to 1800-1900$ this week, so be careful. This is a perfect time to start...
If price will return to the bottom line of a trangle and then break the top line, we will see the last impulse line to 3000$ or more. But as i say in previous idea, cryptomarket needs of correction to weekly MA20. Continue of downtrend is more possible scenario.
If you look to the Bitcoin currency from the 1-st of January 2016, you will see a regular pattern: price was dropped to the MA20 every time when the new bubble bursted. To my opinion this correction is necessary for healthy bitcoin growth. Only one thing can break this rule: the SegWit. It can start agressive growth of the price from 1-st of August, but one day...
The main bitcoin trend is very strong now. Before the SegWit we have a nice opportunity to start long trades. Where to buy? I see a possible entry level at 61.8 fibonacci. If the maket drops to 2450 - 2400 and we have a confirmed reversal signal, it will be time for buying. Take profit orders must be near the resistance levels at 2900 and 3000. Good luck and don`t...