INTRADAY 27/01/20 and global forecast BTCUSDt BinanceDear friends,
If you are reading my forecasts for the first time, then first read the next section to understand how to work with this article. If you are already familiar with my work, feel free to skip the section “How to read my analysis”
How to read my analysis.
My analysis consists of modelling the candles of the current period on a monthly, weekly and daily TF thanks to the tools of Thomas DeMark. The projection of candles is built with an assessment of the differential directions, which give an understanding of the market mood of the candle. The projection is built on smaller Timeframes - a monthly and weekly candle on a daily TF. A daily candle at a 15-minute TF, so that you can evaluate the dynamics of prices within the projection.
To do this, thanks to all the same differential arrows, one of the three scenarios is determined to be a priority - bull/sideways/bearish.
The highest priority scenario is highlighted by bold arrows, the second-highest priority by thin arrows. The least priority is not indicated by arrows, only the direction vector is specified, which defines the boundaries of the trading range.
In the analysis, I make an assessment of the past movement. I analyze trends in the three main TFs and talk about priority scenarios, while always noting the key levels of changing market sentiment and transition from one scenario to another.
If the priority is the side scenario (grey arrows), then I do not recommend entering the market on a given day for intraday trading. If the scenario is bullish or bearish, then I suggest using opposite key levels, support and resistance levels + candlestick trading limits for targets. For the level of fixing the loss, you need to focus on the key level at which there will be a change to the opposite scenario.
Dear Friends, I remind you that in this article I express my personal view of the market, which I share with you for educational purposes. I do not guarantee profits. Only you make the final investment decision and all the risks associated with it.
Continuing intraday forecasts.
Yesterday Bitcoin continued to move sideways in accordance with the weekly scenario. A stable corridor was formed within the framework of 8500 - 8800 USD.
Trend by TF for today:
Week Flat
Day Flat
4 hours - bull
Forecast for today:
A breakdown by trends indicates an acquiring bull potential and the possible emergence of a bull trend.
The differential arrows of Thomas DeMark today also speak of an upward movement. The most likely scenario today is bullish (see green arrows)
The confirmation level for the bullish scenario is fixing above the green key level.
The level of cancellation of the bullish scenario is fixing below the red key level.
Estimated limits of the trading range for today:
top trading range for today - 8800 USD
lower trading range for today –8300 USD
The weekly scenario in the framework of the new week based on the projection of the candle and differential arrows is as follows:
Key level:
for bulls - 8800
for bears - 8230
The probability of an exit above 9200 within the current week is extremely small. The general mood of the market is consolidation within a sideways framework.
The global scenario for 2020 remains unchanged.
With a high probability, we will see a double top and a correction down, before we go higher.
This is evidenced by the proximity to the boundaries of the projection of the quarterly candle and the lateral nature of the differential arrows of Thomas DeMark.
The nearest bloom for bears 7800 - 7400.
The most likely goal for the end of the year is 13,000 USD.
Good luck to everyone and good profits!
Regards,
Michael Hyipov
Gti
INTRADAY 20/01/20 and global forecast BTCUSDt BinanceDear friends,
If you are reading my forecasts for the first time, then first read the next section to understand how to work with this article. If you are already familiar with my work, feel free to skip the section “How to read my analysis”
How to read my analysis.
My analysis consists of modelling the candles of the current period on a monthly, weekly and daily TF thanks to the tools of Thomas DeMark. The projection of candles is built with an assessment of the differential directions, which give an understanding of the market mood of the candle. The projection is built on smaller Timeframes - a monthly and weekly candle on a daily TF. A daily candle at a 15-minute TF, so that you can evaluate the dynamics of prices within the projection.
To do this, thanks to all the same differential arrows, one of the three scenarios is determined to be a priority - bull/sideways/bearish.
The highest priority scenario is highlighted by bold arrows, the second-highest priority by thin arrows. The least priority is not indicated by arrows, only the direction vector is specified, which defines the boundaries of the trading range.
In the analysis, I make an assessment of the past movement. I analyze trends in the three main TFs and talk about priority scenarios, while always noting the key levels of changing market sentiment and transition from one scenario to another.
If the priority is the side scenario (grey arrows), then I do not recommend entering the market on a given day for intraday trading. If the scenario is bullish or bearish, then I suggest using opposite key levels, support and resistance levels + candlestick trading limits for targets. For the level of fixing the loss, you need to focus on the key level at which there will be a change to the opposite scenario.
Dear Friends, I remind you that in this article I express my personal view of the market, which I share with you for educational purposes. I do not guarantee profits. Only you make the final investment decision and all the risks associated with it.
Continuing intraday forecasts.
Yesterday, Bitcoin continued its growth attempt and broke the bar at 9000 USD. However, to gain a foothold in the achieved achievements was not a surprise! In the afternoon, we saw a strong failure, which generally corresponded to the weekly scenario.
Trend by TF for today:
Week is Bearish
Day is bullish
4 hours - bearish
Forecast for today:
The most embedded is the consolidation of BTCUSD today during the day. The differential arrows of Thomas DeMark look in different directions. A breakdown by trends also indicates a multidirectional direction. The most likely scenario today is a sideways (see grey arrows)
The confirmation level for the bullish scenario is fixing above the green key level.
The confirmation level of the bearish scenario is fixing below the red key level.
Estimated limits of the trading range for today:
top trading range for today - 9150USD
lower trading range for today –8200 USD
The weekly script for the last week was executed with high accuracy.
The scenario for the new week is as follows:
Key level:
for bulls - 8850
forbears - 8450
The probability of an exit above 9550 within the current week is extremely small. With a high degree of probability, after consolidation at the level of 8450 USD, we will see a correction to 8000, where we will continue to accumulate next week with the potential for bullish momentum.
The global scenario for 2020 remains unchanged.
The nearest target for bears 7800 - 7400.
The most likely goal for the end of the year is 13,000 USD.
Good luck and good profits!
Regards,
Michael Hyipov
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Dear Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
INTRADAY 11/04/19 Forecast ETHUSDt BinanceDear friends,
Ethereum continues to move in flat - 174 - 190 USD
The closing of the last day became bearish. Ticker confirmed the upper boundary of the local bear channel.
At the moment, the distribution of TF is as follows:
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get:
Week - flat (a bearish trend is possible)
Day is bullish
4 hours - flat
In zone 173 - 182 is the interest of the buyer. Now the price for a pair of ETHUSDt has fallen into the buyer's area; however, we do not see volumes to buy, which is a strong signal to continue the correction.
Consequently, a bearish scenario dominates inside the day (red arrows)
Critical level (fixing higher will mean the abolition of the bear scenario) - 182.7 USD
The lower threshold for the day - 175.5
The upper limit for the day - 184
An alternative scenario - less likely - finding the price sideways, in the trading range of the previous day (marked by grey arrows)
The probability of an impulse down is high.
Good luck to everyone and good profits!
Regards,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material.
I will be glad to any message.
Thank you very much.
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
INTRADAY 11/04/19 Forecast BTCUSDt BinanceDear friends,
Continuing intraday forecasts.
Bitcoin continues to move in a narrow trading channel 9000 - 9400 USD
At the moment, the distribution of TF is as follows:
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get the following local trends:
Week is bearish
Day is bullish
4 hours - bearish
In general, the situation in the market has not changed since yesterday.
After having designated the price range by days for 15 minutes, I discovered the likely formation of a fractal:
While this model is at the hypothesis level, but in general, mirror fractals on Bitcoin are a reasonably frequent phenomenon. From technical analysis, a similar outcome of events seems appropriate.
Returning to the forecast within the day today, then at the moment we can safely state two forces acting on the market:
1. Strong support around 9000 USD
2. The local bearish mood of the crowd
Therefore, the two scenarios are showing today:
1. A more priority scenario at the moment - the market is moving within the descending, intraday bear channel with a retest of the lower wall of the large channel - 9000 with a possible exit in the form of a shadow to the 8900 area (red arrows)
2. The market continues to be in the range of the last day with an attempt to return to the highs of yesterday's candle at 9362 USD
As I said, playing from a support level of 9000 is very risky. Do not forget that the exchange does not do charity work, and when the majority starts playing this game, a strait will happen.
Considering the number of zone retests of about 9000, the probability of a strait below this level of support is extremely high today.
Good luck to everyone and good profits!
Respectfully,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material.
I will be glad to any message.
Thank you very much.
Everyone GTI.
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
INTRADAY 11/03/19 Forecast ETHUSDt BinanceBINANCE:ETHUSDT
Dear friends,
By popular demand, I am expanding intraday forecasts for a pair of ETHUSD.
For clarity and additional benefit for technical analytics, since this post, I will align all trading ranges indicated by me upon the end of the day by the actual value and fill following the day that has closed.
Whether my script was executed or not, it will be possible to understand by the fill frames.
Red - not executed
Green - done
Gray - the forecast was not made
This method will be useful and will help assess the impact of daily, global trends on local changes.
And so, Ethereum moves in a long side - 174 - 190 USD
At the moment, the distribution of TF is as follows:
If we expand the direction of the Thomas DeMark trend by TF, then at the moment we get:
Week - flat (after a bear trend)
Day - bull (even despite the stubborn flat)
4 hours - bull
In zone 173 - 182 is the interest of the buyer. The air here is bought quickly enough and with good volumes.
Consequently, the bullish scenario dominates inside the day (green arrows)
Critical level (breakdown will mean a change in the situation) - 182 USD
The lower threshold for the day is 179
The upper limit for the day - 195
In case of consolidation below the critical level. The bullish scenario will change to local - bearish - see the red shootings.
Since the week is in the flat, but after the transition from the bearish trend, the seller has strength in the market but experiences strong resistance at current values, therefore, given the dominant, but the weak bullish attitude towards the younger TFs, the probability of a bullish impulse is quite high.
Therefore, for me, the first scenario remains a priority; however, it is very fragile and will quickly decrease in probability if a critical level is broken. In this case, the probable end will be according to the bearish scenario.
Good luck to everyone and good profits!
Respectfully,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material.
I will be glad to any message.
Thank you very much.
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
INTRADAY 10/31/19 Forecast BNBBTC BinanceDear friends,
Continuing intraday forecasts.
According to BNBBTC, yesterday's forecast is considered fulfilled.
Today I do not expect surprises from the BNBBTC pair.
Most likely, the pair will continue moving in the side, within the framework of the local bull channel.
The main scenario is flat.
If you expand the trend by TF, then at the moment:
Week - Flat
Day - Flat
4 hours - flat
Consequently - the prevailing scenario is flat
The potential is bullish.
Good luck to everyone and good trading ideas!
Respectfully,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
INTRADAY 10/31/19 Forecast BTCUSDt BinanceINTRADAY 10/31/19 Forecast BTCUSDt Binance
Dear friends,
Continuing intraday forecasts.
The forecast for yesterday is almost completely fulfilled. Bears failed to push the area 9000 USD. But there are practically no organic purchases at this level. Volumes are fragile.
The cue ball course without the support of large buyers and hype stretches down under its own weight.
The exit from the triangle is likely to happen down.
The drawdown depth, in this case, has an extensive variation, depending on the size of the Panic Sale that will be on the market.
The minimum drawdown depth that I expect to see is 8700 - 8800 USD
The maximum fall depth - the width of the bear channel - the target is 7700.
The latter option is unlikely. It is sporadic when Panic Sale goes after Panic Buy in such a short period.
Moreover, the last pump was the blatant manipulation of a significant player - creating a Panic Sale and losing all growth, this is not logical, because the main task was to create a hype and make people believe in a bullish scenario. With a sharp drop, another wave of disappointment will come, which is definitely not needed for the one who arranged this pump.
A likely scenario is going out of the triangle down with a small strait - holding and buying back with another pump.
It will be challenging to say whether a buyback will take place today or not, but the drawdown will certainly not be very deep - I expect the area 8800 - 8500
Good Luck and Good Trading Ideas!
Regards,
Michael @Hyipov
=================================================== ======
Like and subscribe if you liked the material.
I will be glad to any message.
Thank you very much
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.
INTRADAY 10/30/19 Forecast BTCUSDt BinanceDear friends,
I apologise for the interday break.
Was forced to interrupt due to a mini-vacation.
If to be as objective as possible, this period is greyed out.
Unfortunately, it was precisely this moment that the most exciting events on Bitkoin fell out, which perhaps have not been since the distant 2017.
I tried to keep my finger on the pulse as much as possible during the break, but just in case, I will repeat here.
On the weekly chart, the seller’s interest starts from the closing level of the strong bearish candle from July (highlighted by a red arrow) - in the region of 9541
The shadows of the last two weekly candles confirm that in the region of 9541-10382 USD, there is a strong seller who merges the cue ball at every opportunity.
At 15 minutes, you can see how the seller tests the level of support for periodical straits. But support for hamsters is still holding and the buyback at stop levels is quite strong.
However, it is evident that the interest of the major players is below the current values of the cue ball, therefore, at the first manifestations of weakness on the part of the horned, a strait below the mark of 9000 USD will be carried out.
I suppose to see the nearest target for today in the region of 8900 USD.
Good Luck and Good Trading Ideas!
Respectfully,
Michael @Hyipov
===================================================
Like and subscribe if you liked the material
I will be glad to any message.
Thank you very much
Everyone GTI
Friends, I remind you that this is only my personal view of the market, which I share with you. I do not guarantee profits. Only you make the final decision and all the risks associated with it.