ilesanmipepsi

ilesanmipepsi Updated 

Happy New Month Guys! Let's pay attention to this month pivotal levels, in order to have a clue to the prevailing bias in the BTC market for the whole month of July. Currently, BTC is trading below its Monthly Pivot Point (the red line on the chart). This suggests that, we can expect price to test this price level before the month ends. According to the...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9249. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9668. 3. Black line - Weekly Pivot Support 1 (WPS1) @8700. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9260. 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9619. 3. Black line - Weekly Pivot Support 1 (WPS1) @8923. It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%....

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9473 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9868 3. Black line - Weekly Pivot Support 1 (WPS1) @8936 It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%. It...

ilesanmipepsi

BTC is testing its Monthly Pivot Point(MPP) for the second time in a month, after it's rejected at its Monthly Pivot Resistance 1(MPR1). If the MPP failed to hold price at this level, BTC would visit its Monthly Pivot Support 1.

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9772 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @10407 3. Black line - Weekly Pivot Support 1 (WPS1) @9114 It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%. It...

ilesanmipepsi

BTC, having tested the WPP (red line) began to retrace upward. BTC has the blue RSI line to battle; if conquered it BTC would reach WPR1 price level (purple line). Short position can be taking below the blue RSI line or at the purple line.

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9278 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9926 3. Black line - Weekly Pivot Support 1 (WPS1) @8798 It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%. It...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9118 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9567 3. Black line - Weekly Pivot Support 1 (WPS1) @8270 It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%. It...

ilesanmipepsi

BTC selloff became a thing of reality yesterday, after taking two weeks to rally upward. As stated in my idea of Monthly Pivot Point analysis, the next stop over for BTC is MPP at 8138. I have identified the probable price level to join the sell party if you missed it yesterday in the above chart. The Daily Pivot Point at 9145 would be a good entry price level...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @9264 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @10347 3. Black line - Weekly Pivot Support 1 (WPS1) @8583 It should be noted that the market usually trades pivot points during the period with a probability of around 70-80%. It...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @8971.3 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9833.7 3. Black line - Weekly Pivot Support 1 (WPS1) @7868.7 It should be noted that the market usually trades pivot points during the period with a probability of around...

ilesanmipepsi Updated 

Happy New Month to everyone! Guys let's pay attention to this month pivotal levels, in order to have a clue to the prevailing bias in the BTC market for the whole month of May. The application of Pivot Point to BTC trading during the month of April gave us an insight about price action in the month of April. Currently, BTC upside is being limited by the April...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) @8638.4 2. Purple line - Weekly Pivot Resistance 1 (WPR1) @9707.9 3. Black line - Weekly Pivot Support 1 (WPS1) @7846.5 Please, start to put these levels into use from Monday 4 May, 2020. It should be noted that the market usually...

ilesanmipepsi Updated 

Guys pay attention to the pivot points on the above chart. I have derived my calculation from another charting software, an Mt4 to be precise. Take note of the following: 1. Red line - Weekly Pivot Point ( WPP ) 2. Purple line - Weekly Pivot Resistance 1 (WPS1) 3. Black line - Weekly Pivot Support 1 (WPS1) Please, start to put these levels into use from Monday...

ilesanmipepsi

If you missed this move on bitcoin just relax and not FOMO. NEVER FOMO! If you missed the initial move, there would be plenty other UPs and DOWNs to catch. However, below are the identifiable Pivot levels which you can use as a leading indicator to join this BTC moving train. DPP - 7441.7 DPR1 - 7850.3 DPS1 - 7126.3 The best idea is to buy at or below DPP.

ilesanmipepsi

$BTC moved aggressively to test and breakout from its Weekly Pivot Resistance 1, and further advanced to test it Weekly Pivot Resistance 2 at 7617, having bounce off from its Weekly Pivot Point on Wednesday 22nd April, 2020. One of the tenets of Pivot Point techniques is that: "if on downward trend price moves above Pivot point, the next destination is Pivot...

ilesanmipepsi Updated 

Japanese candlesticks with a long upper shadow, long lower shadow and small real bodies are called spinning tops. The color of the real body is not very important. The pattern indicates the indecision between the buyers and sellers. The small real body (whether hollow or filled) shows little movement from open to close, and the shadows indicate that both buyers...