After the candlestick fixation of the model "flag" abroad, short sell with a target of 2870 (2750).
After the candlestick fixation of the model "flag" abroad, short sell with a target of 1.05 (last 0.67).
The previous idea with the graphic model "wedge" did not work. The price remained within the boundaries of the model, and the market-maker weakened the growth momentum. Bitcoin updated the lows, forming a rebound from the level of 3300. At the moment, a certain "flag" is being formed with 2 spurious emissions. We expect that the price will form a positive...
The formation of the graphic model "wedge" ends. We expect to touch the lower border of the model and recover the bitcoin price beyond the beginning of the model.
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 uncertainty continues. As before, the price still framed in the range of 6200-6800. If the price stays above 6240 in the next week, we can expect another local rise to the levels of 6600 and above. Meanwhile the conservative shorts with a terse stop losses.
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...
Local bull recovery continues. We expect that the price will test the range of 6600-6700, after big dynamics of bitcoin -0.29% is expected. Yesterday, long/short margin positions received parity. This clearly suggests that now all market participants throw a coin, hoping to guess the market direction. However, the situation of this kind develops from...
Within the framework of previous idea, the beginning of correction was indicated. Currently in the priority are small longs to area of the 6600 that probably be followed with the coup in a short sale. Further is possible market maker dump to test demand below 5750. No fundamental optimism is noticed.