Btcisd
BTC - Daily Chart ✅Let's see how BTC is behaving.
This is a 1H chart. (Valid for 24 hours)
The Fib retracement shows that the price is consolidating for now in a sideways channel after a correction.
The market is showing SELL volumes for BTC.
Two resistance levels push down on value, and two support levels hold the price high and show strength. The higher band can work as resistance.
The Middle Bollinger Band can push down the value, and the Lower band pushes the price up.
If the price crosses the local resistance and stays above it for confirmation, we can open our long positions, aim for the next resistance, and use it as a TP point.
The RSI shows that BTC is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It'll help you have better readings:
Current Market Price: $42964
Let me know your ideas.
Good luck.
⚠️ BTCUSD consolidation to resistance/ FallMy past predictions came true.
Price sequentially:
adjusted towards support.
Then it rose to the resistance 60926.8.
Now the price is at the resistance line 60926.8.
It rose to this line from local support (March 2021) 55435.8.
First, the price touched the resistance at 69715.6, then worked out the correction.
After the second touch, I expect to fall.
Target - 55787.8
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Levels to watchIf we break below the bottom of the 225BB (Standard deviation) SD, we're likely to drop to the 605BB median line around $8.450 on the 4hr
That should catch us but if we continue to fall (unlikely IMO) next stop should be the bottom band of the 225BB 3.2 SD (green band) around $7,700
These 3 bands have worked incredibly well for some time, especially the 605BB on most TF's
We've all been hearing $8,500 tho so keep that in mind
Range trading: Crypto currency market as for 24/01/2019Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 3465
Long position 2
(The price today will not fall below this mark with a probability of 95%) 3368
Long position 3
(The price today will not fall below this mark with a probability of 99%) 3271
Short position 1
(The price today will not rise above this mark with a probability of 68%) 3747
Short position 2
(The price today will not rise above this mark with a probability of 95%) 3845
Short position 3
(The price today will not rise above this mark with a probability of 99%) 3942
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 108.28
Long position 2
(The price today will not fall below this mark with a probability of 95%) 102.46
Long position 3
(The price today will not fall below this mark with a probability of 99%) 96.65
Short position 1
(The price today will not rise above this mark with a probability of 68%) 123.21
Short position 2
(The price today will not rise above this mark with a probability of 95%) 129.02
Short position 3
(The price today will not rise above this mark with a probability of 99%) 134.84
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.3022
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.2864
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.2705
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3365
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3523
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3682
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.