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Srvgroup

BTCUSD Waves. Under the microscope.(06.10.2017)Presumably the diagonal triangle is formed in the direction of growth. The key barriers that were important to us (4250.4350), are broken, and now we are looking to buy. Because we drive this movement in wave 5 (violet), as the final model for growth, we will be extremely cautious in decisions with a set of positions. The reason is very simple: the movement can be very sharp, with the same rapid decline in prices. Purchase at correction to 4250 (4350 at growth above from current values). Work with a short Stop loss.
BITSTAMP:BTCUSD
by SRVgroup
BTCUSD Waves. Under the microscope.(05.10.2017)We made a refinement of the markup of bitcoin and a shift in the timeline to level 1 older. We assume that the upward movement has not yet emitted steam and is able to form a bullish model in the form of a wedge in the direction of growth. The possible boundaries were indicated by a dotted line of black color. We want to see the penetration / touch of the price level 4680. This will give more confidence in the bullish mood. However, the price began to form a steady movement to decline. We do not exclude that the wave B (red) of the senior correction is finished at 4400, not having achieved the correctional level of 4500-4550, and now we are waiting for a further decrease in the region of the previous decline - 3000 and below. We follow the course of events and, as the situation changes, we will give comments.
BITSTAMP:BTCUSD
by SRVgroup
3
BTCUSD Waves. Under the microscope.(04.10.2017)Another local correction was formed, the nature of which indicates the existence of a zigzag. We are happy about this, because there are prerequisites to confirm our intuitive sense of price growth to 4550. We follow the character of the upward movement and we will not hide that we do not like it and looks crooked, however. If the movement regroups into a wedge converging, divergent - we have a hand on the pulse. We will buy with a short Stop Loss. The logic of the market. Usually such situations always occur.The price does not finish the key point, and bidders begin to prematurely enter positions against the past movement. This moment usually occurs in wave 4 (orange), so we are leading it and do not see until the clear end of the impulse from 22.09. In counting for the waves, we have 4. There is not another wave.
BITSTAMP:BTCUSD
by SRVgroup