Long positions are closed, and short positions are actively growing. All the movement has outlined some channel, below the boundaries of which the price is most likely not allowed. It is also possible the formation of a wedge, from which the price can jump out quite a good distance. It is necessary to monitor and identify any model to work.
Price moved lower. Now there is a struggle for the range. If the bulls win, it will finally lead to the restoration of quotations for digital gold. In addition, it is not excluded another manipulation and liquidity collection, which, we believe, will be final this year. We recommend keeping a close eye on the prices of cryptocurrencies, as a serious bullish cycle...
The price did not break through the local bottom, forming a rebound within the range. If you look at the tick volume, it is easy to notice the increase in prices at a reduced interest. Of course, demand may arise during the appreciation of the cost of Bitcoin, but for us there is still no clear sign of a reversal. It is worth paying attention to how the price will...
The decline continues. The price fell out of a series of graphic figures, which indicates a continuation of the bear market. We expect the breakdown of the local bottom and the completion of the pulse in the region of 3400 and below. Next, we will observe the progress of the quotes. Long positions can only be planned - the implementation period is incomprehensible.
Bitcoin quotes are at new lows, slowly forming a local range of trades. On the eve of the graphic model was formed "triangle", which is practiced by sales after the candle fixing under the border of the model. Let's see how it ends. During the next testing of the local minimum, break-even stop orders will be initiated. Our business is to work within the framework...
The price of bitcoin found support not far from the 4000 level. Judging by the marginal positions with Bitfinex, the time has come for consolidation / recovery and now the best position is to stick to all the conditions for entering a position, or to remain outside the market for a while. While the price is within the yellow channel, setups for short sales are...
The crypto prices continue to decline. Bitcoin exits out from the triangle according to the trend. After breaking through the bottom, marginal short contracts sharply went up the hill, which signals the imminent start of an upward correction. At the moment, the priority is a wait-and-see position, or consideration of conservative purchases.
The cryptocurrency market has fallen badly. Mid-term models on many Altcoins, as well as on Bitcoin, forced traders to look for the next market bottom. Local correction to the levels of 5850, 6000, as well as the formation of a graphical trend model is expected. The long decline is improbable in the nearest future. 80% that in December older and more dynamic...
The BTC tested the level of 6400, denoting the next local minimum in the range. In future, we can expect several scenarios. Deceptive, with testing levels of 6800-6900 after the formation of an internal triangle model. Also possible the more dynamic and faster level test of 5500 and below.
The price has returned to the level of 6400. At the moment, 2 variants of development are possible. Both with a logical conclusion in the region of 6800-6900, however, the development time differs.
It seems that the concurrency market has moved from a dead point. Locally you can buy. Further dynamics depends on how long the BTC will be in the range of 6300-6600. The price can be locked within the current levels, which will eventually lead to the maximum performance to the area of 6900. If the 6600 level is passed in the next few days, we can expect a...
The price fall down. Did not receive a proper confirmation of past setups, so we abstained from opening the positions. If you compare Bitfinex and Bitstamp quotes (a small local triangle is formed), then it feels 7.14% like the price may decline a little more. However, the fact that a small fractal (look on Bitstamp ) can form, which will lead to a sharp rise,...
The price continues to slowly crawl down, narrowing the range of trades. The model is interpreted as a descending wedge with a possible way up. Local purchases with short goals are possible. After working out the wedge model, we expect another dump within the range of 6300-6400.
The situation around the bitcoin -0.03% does not improve, but only becomes more complicated. The price is still in the zone of "trend uncertainty". If we compare the price movement structure of 2 exchanges, the Bitstapms' has formed a small level triangular pattern, from which the local movement can play in any direction. The question is in the candlestick fix...
The price of bitcoin, as before, is in no hurry, changing very slowly within the two-month range. We believe that the level of 6400 will be tested a little later, when the company announces the decision on the need for ETF on crypto assets for financial markets, which will be announced soon. This may be followed by impulsive growth.
Prices are moving turtle speed. Most likely the reason is that there is a mid-term accumulation in bigger models of the market, prior to the faster distribution of the volume. The situation with the bitcoin does not change. The price has fallen into the conditional buying zone, where, perhaps, there will be some time. As before, the priorities of purchase with a...
In past ideas, we have identified a large triangle, the boundaries of which were broken by a false shadow of market makers closing shorts (assuming the volume was created by market maker). The range of buyers interest was specified (the price slowly slides down to that). The position remains. In preference the game in long from the green range. The primary...
After a short squeeze on the "tether is scam" news, the market began to stabilize. The current situation with BTC indicates the formation of a possible (local) triangle model, out of which both up and down is possible to exit. The boundaries of the midterm model of a larger triangle still remain relevant, as well as the logical development of the situation with...